Deposits & Payments
Deposit growth and strategies have always been a core focus of retail banks. Today's volatile economic climate - with consumers relying less on credit products and more on deposit account services - brings deposit growth and account management to the forefront. As technology and consumer needs evolve, so does the concept of payments. With innovations such as virtual wallets and other forms of digital currency comes new and unique challenges for the payments space. CBA monitors and addresses the issues facing retail banks in the management of the deposits and payments functions.
October 16, 2023 - 12:00PMUpcoming
September 29, 2023 - 1:00PMPast
September 28, 2023 - 1:00PMPast
September 21, 2023Policymakers in Congress continue to advocate for legislative proposals seeking to create an all-in annual percentage rate (APR) cap for credit cards, including Senator Josh Hawley (R-Mo.) who recently introduced legislation that would do just that by imposing government price controls on the world’s most competitive and reliable credit card marketplace. While imposing caps on credit card...
September 20, 2023In a new letter sent today, eight leading financial groups representing virtually all banks and credit unions voiced their opposition to the Capping Credit Card Interest Rates Act, a misguided proposal from Senator Josh Hawley (R-Mo.) that would impose government price controls on credit cards and effectively harm the very people the legislation seeks to protect. As outlined in the letter, Sen...
