A troubling new banking trend has developed in which banks are now declining to work with entire industries based on their politics. Some of these industries that banks have denied accounts to recently include private […]
We’ve heard it for years; Open Banking is on the rise. But is open banking just another fintech “digital transformation” pipe dream created to give consultants a never-ending revenue stream? […]
Investors, worried about recession, will be scrutinizing the earnings reports that are expected to hit this Thursday from some of the top banks in the nation. […]
Over the last couple of weeks, the mortgage industry has been hit with a surge of layoffs as the housing market struggles with rising interest rates and reduced mortgage activity. Major brokerages, mortgage lenders, and property-tech companies like Zillow have all announced major of layoffs over the last few months, and experts expect the trend to continue. […]
In one of the biggest PR disasters in bank marketing, Halifax bank saw droves of customers closing their accounts after their social media team told customers to leave the bank if they didn’t like their new pronoun badges for staff. […]
Over the last couple of years, the AI hype has become a topic of conversation in board meetings throughout the industry. But unfortunately, regulators are signaling a crackdown and tighter rules on using AI and […]
It seems political correctness has once again overruled common sense and making money, as a growing number of banks are now telling customers who disagree with their latest set of values – which seem to change daily – to go find another company to bank with. […]
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