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Retail banking trends to look out for in 2023

Independent Banker

We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. “A

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PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

Digital banking trends and advancing technology can imply that the unbanked or the underbanked are a diminishing group in U.S. Blankenship thinks that a lack of access to banks and high fees will increase the number of underbanked who are turning to payday lenders instead.

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Forecasting Fintech for 2017

Fintech Labs Insights

It takes more than just one crystal ball to discern which trends will drive fintech innovation in 2017. To this end, here’s a roundup of predictions and prognostications on what the new year will bring in everything from artificial intelligence and the blockchain to payments and banking for the underbanked.

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How did open banking come about and how does it work? (2/4)

Lars Markull

More and more, banking and payment activities are becoming part of other services such as loan applications, e-commerce shopping, and insurance claims. This whole trend is described as “embedded finance“, where banking and payment features get embedded into products of other industries.

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How did open banking come about and how does it work? (2/4)

Lars Markull

More and more, banking and payment activities are becoming part of other services such as loan applications, e-commerce shopping, and insurance claims. This whole trend is described as “embedded finance“, where banking and payment features get embedded into products of other industries.

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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. JPM leads banks in active digital customers.

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Everyone’s talking about APIs. Why?

Insights on Business

While looking at the predictions for the FinTech area for 2017, I started noticing that APIs were showing up again and again. As Jim Marous notes in his article, Top 10 Retail Banking Trends and Predictions for 2017 , “APIs were not even listed as a 2016 trend, but was #4 in 2017.”.

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