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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

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Innovation and Sheer Marketing Muscle Power Credit Card Battle

The Financial Brand

The post Innovation and Sheer Marketing Muscle Power Credit Card Battle appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Fintechs and neobanks are adding competition with fresh ideas as major players prepare to spend for share.

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Wells Fargo Launches Fresh Attack on Credit Card Market

The Financial Brand

New cashback rewards card for mass affluent is spearhead for a rejuvenated card program rolling out first phases over 2021-2022. The post Wells Fargo Launches Fresh Attack on Credit Card Market appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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BofA Wades Into High Net Worth Battle with New Rewards and Card Offers

The Financial Brand

The megabank rolled out a key enhancement to its loyalty program and launched a slick new card — both aimed at high net worth consumers. The post BofA Wades Into High Net Worth Battle with New Rewards and Card Offers appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Focus: New-To-Credit Millennials, Credit-Rating Systems & Borrowing Credit

BankBazaar

Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. But there’s a major issue that quietly cripples this trend. Check out these amazing offers on Credit Cards! New to credit? What’s the current scenario like?

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3 Ways Credit Cards Can Compete Against Buy Now, Pay Later Trend

The Financial Brand

BNPL use is surging, but card issuers can win by delivering digital journeys that engage and delight cardholders. The post 3 Ways Credit Cards Can Compete Against Buy Now, Pay Later Trend appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Credit Unions Unite Behind Digital Banking

PYMNTS

Strong balance sheets in key areas like credit card debt ($64.4 That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits. Expect to see more emotional marketing from the CU base as they leverage goodwill (and digital products) in 2020.