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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? 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.

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21 Predictions About Digital Health in 2021: Part III

Perficient

This will create new online shopping dynamics, previously only seen in Medicare Supplement Plans. The Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas (HCSC for short) is a great example of this model. Buying Innovates. This year, innovation will shift to outside organizations.

Montana 508
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Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI.

Retail 149
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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Digital disbursement innovation is picking up speed in certain states, luckily, as digital payment technology becomes more readily available and less costly. In the State And Local Disbursements Report , PYMNTS examines the current state of disbursement innovation and reform for U.S. government departments. Government Agencies.

Idaho 130
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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Last October, Kroger introduced Home Chef retail meal kits, and we’re now expanding to add the easy-to-prepare recipes to hundreds of new locations, providing convenient access to the meal solution at more than 700 stores. .

Ohio 116
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When Loyalty Is Unattended Retail’s Key Feature

PYMNTS

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. innovators have a new take on “coins” when it comes to vending machines.

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Self-Service Kiosks Boost Consumer Spending By 30 Percent

PYMNTS

Not all kiosks are as high-tech as CaliBurger’s machines, but QSRs and other retailers are rolling out their own versions of the machines across the country. According to the PYMNTS Unattended Retail Tracker , it comes down to “offering the right combination of in-store tech, mobile solutions and online features.”. s research.

Examples 107