It’s shaping up to be a cold winter for the U.S. economy, as the pandemic continues to rampage throughout the nation and wreak havoc on all forms of activity that involves in-person transactions. State and local governments are tightening business restrictions and urging residents to more diligently adhere to social distancing protocols. With a new variant of the coronavirus amplifying the health crisis and the vaccine rollout falling short of expectations, conditions are likely to get worse before they get better. Covid-19 has already taken a big toll on jobs and retail sales, with both ending 2020 on weak footing. January 2021 Economic and Financial Digest
Banks have always prioritized their customers’ security. With the rise of digital transactions and online shopping, ensuring this security has become more critical than ever.