truist

Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023  |  Banking

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...

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Truist Digital Transactions Surge 9% as Zelle Grows Double Digits
Truist Digital Transactions Surge 9% as Zelle Grows Double Digits
July 20, 2023  |  Earnings

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...

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Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
May 31, 2023  |  Banking

Overdraft fees have been a hot button issue in financial services.  But they’re less of a revenue source for banks — significantly less — than...

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Truist Invites Clients to Play Financial Wellness ‘Long Game’
Truist Invites Clients to Play Financial Wellness ‘Long Game’
May 18, 2023  |  financial apps

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...

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Several Regional Banks Maintaining Stable Deposits
Several Regional Banks Maintaining Stable Deposits
April 20, 2023  |  Banking

Several regional banks ended the first quarter with stable deposits. Their reports of flat deposits came after a quarter in which the collapses of three...

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Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
April 20, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to...

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Truist Names Tom Hackett to Head Investment Banking Arm
Truist Names Tom Hackett to Head Investment Banking Arm
March 13, 2023  |  Personnel

Banking giant Truist has appointed a new CEO for its corporate/investment banking arm. Tom Hackett, currently serving as chief operating officer of Truist Securities, will...

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An Inside Look at Building Client-Centered Digital Banking
An Inside Look at Building Client-Centered Digital Banking
February 15, 2023  |  Digital-First Banking

Nearly three quarters of consumers say they’d like their bank’s help to better manage their monthly budgets – an opportunity that Truist’s Sherry Graziano and...

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Inflation Gives Banks Opening to Become Consumers’ Trusted Financial Adviser, Says Truist
Inflation Gives Banks Opening to Become Consumers’ Trusted Financial Adviser, Says Truist
February 14, 2023  |  Digital-First Banking

More consumers are struggling with their finances and budgeting. A recent survey found that 55% of Americans are in a difficult financial position, up 37%...

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