Personal Touch: What Clients Really Want from Their Bank

Not long ago, banks differentiated themselves by the products they offered. Today, most consumers can access virtually the same financial tools from almost anywhere. Mobile banking, online account opening, digital payments, and instant money transfers have made banking more convenient than ever. As technology continues to reshape the industry, customers are becoming less focused on … Read more

Amidst a Weak Economy, Banks Are Tightening Underwriting and Regulations

Despite increasing interest rates and credit balances, banks are facing a more challenging business environment today.  That’s because late payments and defaults are also increasing, and unfortunately, that’s happening at an even faster pace compared to previous years.  Our weak economy is also impacting consumers and small businesses as well. Since they don’t have the … Read more

The Truth About the “Credit System Changes” Going Viral Online

If you spend enough time doomscrolling social media, you’ll eventually see someone claiming the financial system is about to change forever. Recently, someone forwarded me a viral video warning that major changes to the credit system would destroy Americans’ credit scores overnight. The creator pointed to three issues: Buy Now, Pay Later accounts, the rise … Read more