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The Regulation Pendulum Shouldn’t Deter Banks from Open Banking: A Path to Gaining Share from Larger Rivals
By Primax The Consumer Financial Protection Bureau’s Section 1033 final rule, Personal Financial Data Rights, brings with it complex facets: what compliance entails and its broader implications; the Bank Policy Institute lawsuit in U.S. District Court in Kentucky, which challenges aspects of the rule; and a change in administration raises questions about the ruling’s longevity. For some, skepticism lingers over whether Personal Financial Data Rights will endure or be overturned. Financial institutions — regardless of their size or consumer base — face no shortage of priorities demanding...
Financial Institutions Fear Loan Loss Amidst Recession Predictions
By: Wendy Elieff, SVP Client Service and Marketing, TriVerity and The Loan Service Center...
Primax Payments Pulse: Part 2 – End of Holiday Season Saw Uptick in Spending
By: Brian Scott, SVP and Chief Growth Officer As the 2022 holiday shopping season drew to a close,...
Five Influences on 2023 Banking and Payments
By: Chris Joy, Principal, Advisors Plus Consulting Now that we have closed out 2022, a very active...
Primax Payments Pulse
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