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...
America’s regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back...
Truist says it is seeing a jump in digital engagement as it continues its cost-cutting measures. Speaking during an earnings call Thursday (Oct. 19) CEO Bill Rogers said the regional...
In June of 2014, Amazon launched the Fire phone. Priced at $650 and offered exclusively by AT&T, the phone’s big selling point was its “Dynamic...
Truist Financial will make “sizeable reductions” in its workforce from the third quarter through the first quarter of 2024. This is part of an effort to...
The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing...
Truist posted second-quarter results that show continued adoption of digital channels for mobile banking — and a stabilizing of deposit flight seen earlier in the...
Overdraft fees have been a hot button issue in financial services. But they’re less of a revenue source for banks — significantly less — than...
Truist’s Foundry startup has an app that rewards users for building healthy financial habits. Dubbed “Long Game,” the mobile app gives Truist clients the chance to...