Facing rising household costs, a looming recession and record levels of debt, 59% of U.S. bank customers expect help to improve their financial health, but most feel that banks aren’t delivering, according to a recent survey.
A recent study found that 75.1% of millennials are opting for will-based estate plans and 18.8% are using a trust-based estate plan.
Sustainable finance, operational resilience and digitization are the top three regulatory topics financial services senior executives say they expect their boards and executive committees to spend the most time on in 2022, according to Deloitte’s Financial Markets Regulatory Outlook released today.
In a study evaluating small businesses’ satisfaction with merchant services providers, J.D. Power found that large banks had a significant surge in merchant services satisfaction.
Community banks are keeping bank branches open, with 84% responding to a recent survey that they have not closed a single branch in the past 12 months.
Banks continue to feel a heightened sense of compliance and risk concern, according to the results of a new Wolters Kluwer survey.
The top cybersecurity concerns for consumers regarding their personal information are identity theft and stolen credit or debit card information, according to a recent survey conducted by core technology provider CSI.
The main cause of stress for consumers is money and finances, according to 47% of respondents in the second annual “Money Mindset” survey by Huntington Bank, beating out the 40% who cited the ongoing pandemic as their main stressor.
Bank customers under the age of 55 are the most likely to switch banks to gain access to better digital features, with 46% indicating they would make that change, according to a new survey from digital consulting firm Mobiquity.
Bankers believe that cybersecurity threats will present the greatest challenge to the financial industry in 2021, according to a recent survey of banking executives conducted by core technology provider CSI.