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U.S. Bancorp’s consumers continued to spend during the third quarter, even as the bank carried more card balances and saw an increase in early-stage card delinquencies. “Spend levels are high, employment is strong,” Chief Financial Officer John Stern told analysts during a Thursday (Oct. 15) earnings call when asked about the effect of higher interest […] The post U.S. Bancorp Says AI Agents Aren’t Moving Consumer Deposits Yet appeared first on PYMNTS.com.
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