by The Commercial Record | Jul 5, 2019 | Banking & Lending, CR Daily, Industry News
Although there is a high risk for employees across many industries to click on a suspicious link or email or obey a fraudulent request, employees at financial institutions are among the least likely to fall for such an attack.
by The Commercial Record | Jul 3, 2019 | Banking & Lending, CR Daily, Industry News
Overdraft fees at American financial institutions declined in the first quarter of the year, suggesting that overdraft prices are no longer inelastic, according to data recently published by the Illinois economic research firm Moebs Services.
by The Commercial Record | May 15, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News
Connecticut’s economy may not be in the best shape, but one thing the Nutmeg State can boast about is being the home to lots of corporate giants.
by The Commercial Record | May 10, 2019 | Banking & Lending, CR Daily, Industry News
The local bank branch may still have more relevance than people think: a new study suggests many people not open a checking account with a local financial institution due to limited branch and ATM locations.
by The Commercial Record | Apr 12, 2019 | Banking & Lending, CR Daily, Industry News, Residential Real Estate
More than one-third of Millennials carry significant student loan, mortgage, credit card and some other type of miscellaneous debt.
by The Commercial Record | Mar 20, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News
A recent study found a bright spot among the struggles facing Connecticut’s economy.
by The Commercial Record | Mar 11, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Liberty Bank, People’s United and Webster Bank have been named three of the best banks in the world, according to Forbes.
by The Commercial Record | Jan 9, 2019 | Banking & Lending, CR Daily, Industry News
Webster Financial Corp. had more consumer complaints in 2018 than any other bank in Connecticut.
by The Commercial Record | Jan 2, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Students across the country are paying millions in account fees to banks that have struck marketing deals with colleges and universities.
by The Commercial Record | Dec 27, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Homebuyers nationwide are putting less money down up front.
by The Commercial Record | Nov 20, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News
A recent report form the Connecticut Department of Transportation shows the state could raise approximately $1 billion annually with all-electronic tolling on highways around the state.
by The Commercial Record | Nov 12, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News
Despite similar demand for financing, veteran-owned small business applicants were more likely than non-veteran-owned small business applicants to experience “financing shortfalls,” where they received less than the amount of credit they sought.
by The Commercial Record | Nov 2, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Residential Real Estate
Residents in Connecticut are paying some of the highest rates in the country for utilities.
by The Commercial Record | Oct 1, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Nearly all financial service firms have experienced some sort of fraud within the last two years, whether it’s identity theft or new account fraud, synthetic identity fraud or account takeover fraud.
by The Commercial Record | Aug 20, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Residential Real Estate
More than half of Americans are placing debt reduction as their top priority this year.
by The Commercial Record | Jul 13, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Bridgeport-based People’s United Bank has been ranked as one of the top regional banks in the country.
by The Commercial Record | Jun 26, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Debit cards continued to be the most popular payment method for consumers last year.
by The Commercial Record | Jun 21, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News
U.S. banks and credit card apps are starting to win over the hearts of their customers.
by The Commercial Record | Jun 8, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Artificial intelligence might be making waves in the banking industry, but many customers still prefer in-person interactions at bank branches.
by The Commercial Record | Jun 5, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Residential Real Estate
Connecticut has the 30th ranked economy in the country.