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Retail banking trends to look out for in 2023

Independent Banker

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 Of course, successful retail banking requires more than just technology. Many do bank with us, of course.

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Bankers Tell Me Their Top Industry Game Changers

Jeff For Banks

This week I did my annual tour of the West, teaching Bank Profitability in the Executive Development Program for the Washington, Oregon, and Utah Bankers'' Associations. As part of the day-long curriculum, we discuss industry trends. What do you think are industry game changing trends?

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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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Corporate banking: serving the needs of business clients

Celent Banking

Jim covers core systems modernization, the impact of cloud computing, and treasury management technology. My coverage will be focused on the technology impacts of meeting the financial management needs of business customers, ranging from global multinational corporates to small businesses. Transaction Banking Revenue and Deposits.

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

Lars Markull

Internationally, the term “Open Banking“ refers to the technique of connecting with a bank account and consuming some of the data that lies within. Like many terms in technology, open banking has become a buzzword and is unfortunately often misunderstood.

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

Lars Markull

Before getting into the rise of open banking, it is important to understand the definition of the term. Internationally, the term “Open Banking“ refers to the technique of connecting with a bank account and consuming some of the data that lies within. However, in some countries, there were also other technologies available.

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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.

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