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Bank of America To Update Branches In Response To Customer Behavior

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Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. The modernized branches will have more interactive technology and a layout that will help customers who need longer visits for more complicated issues. “We and Pittsburgh.

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Fed, Central Banks Frame Criteria For Digital Currency

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The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The Fed also launched an instant payment initiative in August.

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