01/19/2022 | Press release | Distributed by Public on 01/20/2022 01:55
Emerging trends may transform checking fees, cryptocurrency, savings interest rates and more
Foster City, CA - January 19, 2022 - The pandemic continues to influence consumer behavior, the U.S. job market, interest rates and the stock market. With the Federal Reserve stepping in to address high inflation and increased oversight of certain financial products by the Internal Revenue Service (IRS) and Consumer Financial Protection Bureau (CFPB), 2022 may bring a multitude of changes in the banking industry. To explore these possible trends, the Chief Research Analyst for personal finance site MyBankTracker.com is releasing his predictions of how consumer banking behavior may transform:
"In 2021, consumers dealt with high inflation, a hot housing market and a workplace exodus - among many other uncertain circumstances - and it's interesting to see how we're adapting financially, " says Simon Zhen, chief research analyst for MyBankTracker. "As we continue to strive for some semblance of normalcy, we expect that these trends should play a part in redefining our relationship with our money on a daily basis for the next year."
View the complete analysis: Banking Trends Predictions for 2022.
Zhen is available to comment on his predictions for MyBankTracker, the methodology he used and the overall landscape of consumer banking.
About MyBankTracker
MyBankTracker is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. MyBankTracker is a member of QuinStreet's expert research and publishing division.
MyBankTracker is an independent comparison website helping consumers make smart banking and financial decisions. The mission is to match consumers to their perfect bank by providing and tracking in-depth information on more than 5,000 banks, credit unions and financial products. Using a combination of technology and money management expertise, MyBankTracker provides personal finance comparison tools and educates consumers to optimize their relationships with banks and lenders.
Twitter: @mybanktracker
Facebook: https://www.facebook.com/mybanktracker
Media contact
Amy Eury
Senior Manager, Public Relations
412-532-9352
[email protected]
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