The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker consumer demand saw the key benchmark post its fourth consecutive decline. According to the latest government data from the Bureau...
The Federal Reserve Board announced on Monday (June 27), the final timeline and other implementation details for the adoption of a new Fedwire Funds Service message format. The Fed has decided to delay the implementation of these changes until March 10, 2025, from the original...
Previous stereotypes be damned, recent research pegs Millennials as entrepreneurial, with almost half the generation planning to start businesses within the next three years. For community banks, it’s a wake-up call to adopt faster payment solutions that younger customers expect — or get left behind....
The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits in the payments industry came to an end. The August Faster Payments Tracker™, powered by NACHA, highlights notable news and developments...
November 10, 2022
The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker consumer demand saw the key benchmark post its fourth consecutive decline. According to the latest government data from the Bureau of Labor Statistics, while the headline number was lower than […]
