Remove 2024 Remove Customer Experience Remove Fraud Remove Lending
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Top 6 Trends for the Banking Industry in 2024

Perficient

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

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Modernize or Optimize? That Is the Core System Question

Gonzobanker

As Cornerstone Chief Research Officer Ron Shevlin concludes in What’s Going On In Banking 2024 , “Getting their core systems into shape has become either a nightmare or an impossibility for banks.” So GonzoBankers, there are “pull your hair out” days with core systems providers — we’ve been there too.

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ISO 20022 For Banks – What You Need To Know

South State Correspondent

For example, ISO 20022 provides a set of messages (you can download HERE ) to handle ATM transactions, fraud, account names, and time periods. Enhanced Customer Experience: With its rich data capabilities, banks can offer better services to their customers.

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The 2023 GonzoBanker Awards

Gonzobanker

Expect more deals to be announced in 2024. The It’s Still No Fun to Work Here Award – goes to the “stagecoach” Wells Fargo , which now is dealing with unionization efforts from employees at certain branches and has set aside $1 billion+ for additional employee severance costs in 2024. and Summit Financial Group, Inc.

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