Truist to cut branches; why Google Wallet relies on state IDs
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Truist plans to shrink branch network by 4% in March: The North Carolina-based Truist said it expects to close about 4% of its branch network, or roughly 80 offices, by the end of the first quarter. The closures come amid the bank's $750 million cost-cutting initiative.
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Why community bank stocks could rally in 2024: A resilient economy and the potential for interest rate cuts could infuse further bullish sentiment into markets and bolster the shares of small lenders.
Bankers of the Year: Where are they now? Here are six luminaries who have won this American Banker award since 2010. Some continue to lead banks, while others have run into trouble.
How state-issued IDs are driving Google Wallet's strategy: In a crowded market for mobile payment apps, search giant 谷歌 hopes to expand its support of driver's licenses, providing a key method of authentication for more financial services.
The tech helping an Indiana credit union reel in businesses: Since first partnering with the digital banking software firm Q2 in 2019, Hoosier Hills Credit Union in Bedford has seen significant growth in new account openings and deposit balances due to stronger payroll processing capabilities.
Know a dynamic woman leader in the payments industry? It’s time to?apply for the annual Most Influential Women in Payments awards. And join us to celebrate these women and to experience the most exciting developments in payments at this year’s?Payments Forum, March 27-28, 2024?at the Diplomat in Hollywood, Fl.?