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Financial institutions news from around the web: December 16 – 20, 2024
Written on Dec 16, 2024
“Companies that delay action risk losing out on both improved payment experiences and potential business with companies whose systems no longer sync up,” writes one industry senior vice president.
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target later than expected.
America’s Credit Unions and several bankers’ associations file a preliminary injunction to stop the new rule.
The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.