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ECB Rate Hold, CFPB Payroll Ruling, EPAM Banking Report Insights
Manage episode 429499906 series 3586686
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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.
24 эпизодов
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