Revolving credit products such as credit cards and lines of credit are the most widely used borrowing tool by small-to-midsize businesses, with rewards credit cards used by more than half of such businesses, according to a new survey of SMB executives by U.S. Bank and PYMNTS Intelligence.
A majority of American consumers agree that having banks of all sizes operating in the U.S. is an advantage or significant advantage for the nation’s economy, according to new ABA/Morning Consult Data.
More than half of Americans wouldn’t pull money from their savings accounts to cover an emergency expense of $1,000 or more, according to a new survey by Bankrate.
Nearly half of community bank leaders are somewhat, fairly or completely confident about their bank’s prospects for revenue growth over the next 12 months, according to an ABA survey.
Expectations for a recession among small- and midsize-business leaders have moderated following a year of better-than-expected economic growth, although overall economic optimism remains low by historical standards, according to JPMorgan Chase’s 2024 Business Leaders Outlook survey.
Most households that are frequently charged overdraft or non-sufficient fees report having difficulty paying the fees, although that figure drops significantly among households that are only occasionally charged fees, which is the vast majority of consumers, according to a survey released by the CFPB.
Most business owners and business executives believe their companies will grow stronger next year along with the U.S. economy, according to the 2024 Economic Outlook Survey by the New Jersey-based Provident Bank.
A majority of retail banking customers want to authenticate their identities each time they access their bank accounts, and many said the same for sending and receiving money to and from family and friends, according to a survey.
“Technology risk” has replaced “recession risk” as the top priority for chief risk officers at financial institutions, according to a new survey by the Risk Management Association and global management consultancy Oliver Wyman.
Small business owners are more satisfied with their credit card providers and are spending more money on credit card purchases, with rewards programs a major factor in both, according to the latest small business credit card satisfaction survey by J.D. Power.