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Reinvent lending offerings and business models to stay ahead

Accenture

In our discussions with banking executives, a common theme is how the lending market is changing and constantly giving rise to threats and opportunities, as covered in our Commercial Banking Top Trends for 2024. Confronting these changes is essential, but it also requires banks to be willing to reinvent to stay ahead.

Lending 397
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Strategic shifts to future-proof your lending business

Accenture

Drawing from our Commercial Banking Top Trends for 2024, this series explores how banks can modernize their lending business and differentiate the customer experience by integrating AI, machine learning and other advanced tools.

Lending 326
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Four ways generative AI will transform commercial banking

Accenture

In our recent analysis of the top trends shaping the industry in 2024, we argue that each one is influenced to some degree by generative AI. In… The post Four ways generative AI will transform commercial banking appeared first on Accenture Banking Blog.

Analysis 352
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Key disruptions shaping the future of lending

Accenture

In our Commercial Banking Top Trends for 2024, we spotlight this critical trend shaping the industry’s future. As you start strategic planning this August, consider this: automated, data-driven lending is no longer a future vision—it’s happening now.

Lending 261
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‘Pay-By-Bank’ Trend Builds Momentum into 2024

The Financial Brand

This article ‘Pay-By-BankTrend Builds Momentum into 2024 appeared first on The Financial Brand. pay-by-bank' lags the rest of the world, but experts see major growth next year. Banks must find ways to turn pay-by-bank into a win.

Trends 31
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Key considerations for North American retail banks amid ongoing uncertainty

Accenture

In May of 2024, the Aurora Borealis, also known as the Northern Lights were on full display for the largest proportion of the United States in decades. In 2003, an extreme solar… The post Key considerations for North American retail banks amid ongoing uncertainty appeared first on Accenture Banking Blog.

Retail 195
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Trends 2024: Bank Spending on RegTech Will Reach New Heights in 2024

The Financial Brand

This article Trends 2024: Bank Spending on RegTech Will Reach New Heights in 2024 appeared first on The Financial Brand. While overall bank tech spending remains flat, intensifying focus on security and fraud means that regtech will demand an ever bigger piece of the pie.

Trends 37