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ECB Rate Hold, CFPB Payroll Ruling, EPAM Banking Report Insights
In today's episode:
- The European Central Bank leaves interest rates unchanged, with market eyes on future policy directions as the euro strengthens against the dollar.
- The Consumer Financial Protection Bureau classifies payroll advances, or "earned wage access," as loans, prompting potential regulatory changes and industry pushback.
- EPAM’s Consumer Banking Report shows a decline in customer satisfaction amidst growing concerns over fees and service quality, highlighting the importance of digital innovation for banks.
- Acting Comptroller of the Currency Michael J. Hsu warns that political polarization poses long-term risks to the U.S. banking system, citing increasing political pressures and the need for strong institutional foundations.
- Alliant Credit Union appoints Jamie Warder as its new Chief Information Officer and Head of Business Strategy, bringing his extensive experience in digital banking and business strategy to the role.
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By Fred E. CadenaIn today's episode:
- The European Central Bank leaves interest rates unchanged, with market eyes on future policy directions as the euro strengthens against the dollar.
- The Consumer Financial Protection Bureau classifies payroll advances, or "earned wage access," as loans, prompting potential regulatory changes and industry pushback.
- EPAM’s Consumer Banking Report shows a decline in customer satisfaction amidst growing concerns over fees and service quality, highlighting the importance of digital innovation for banks.
- Acting Comptroller of the Currency Michael J. Hsu warns that political polarization poses long-term risks to the U.S. banking system, citing increasing political pressures and the need for strong institutional foundations.
- Alliant Credit Union appoints Jamie Warder as its new Chief Information Officer and Head of Business Strategy, bringing his extensive experience in digital banking and business strategy to the role.