Truist Financial

Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024  |  Banking

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. BMO, Truist Financial and MT&T Bank...

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Truist Ups Digital Focus as Mobile Transactions Climb
Truist Ups Digital Focus as Mobile Transactions Climb
January 18, 2024  |  Earnings

Truist Financial continues to see digital engagement among its customers climb. The North Carolina-based bank reported earnings Thursday (Jan. 18) showing the number of  mobile app users grew...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Digital Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is...

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Real-Time Payments’ Present and Future
Real-Time Payments’ Present and Future
September 28, 2022  |  Faster Payments

The bullish forecast comes from the latest edition of the "Real-Time Payments Tracker®," where Chris Ward, head of wholesale payments at Truist Financial, tells PYMNTS...

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US Real-Time Payments Transactions Seen Quadrupling to 8.9B in 2026
US Real-Time Payments Transactions Seen Quadrupling to 8.9B in 2026
September 27, 2022  |  Faster Payments

Digital payments have become table stakes around the world, with more than $6.6 trillion in digital transactions taking place last year and this sum expected...

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Truist Acquires Arena Platform to Boost Data Management
Truist Acquires Arena Platform to Boost Data Management
August 22, 2022  |  Acquisitions

In a bid to expand its data management capabilities, Truist Financial has acquired the Arena platform from data tech company Zaloni. According to a Monday...

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Truist Financial Sees Strong Q4; Digital Accounts Up 26 Pct
Truist Financial Sees Strong Q4; Digital Accounts Up 26 Pct
January 21, 2021  |  Earnings

Despite the ongoing challenges of the pandemic as well as the costs of what has been dubbed “the first large bank merger of the digital...

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