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1Q 2024 Commercial Relationship Credit and Pricing Trends

South State Correspondent

Since our last update on pricing and credit HERE , commercial loan pricing trends for the first quarter of 2024 continue to be driven by the perceived increase in credit risk, tighter credit supply and banks’ need for wider margins. PODs for the industrial sector remain flat from 4Q at historically low levels.

Trends 195
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Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

2024 will prove to be a remarkably busy year in the digital space, when many financial institutions will make near-life-or-death choices about the future of their digital platforms and how they will support them. This is an area where speed-to-market competition will be important. #3. Josh Davis is a director at Cornerstone Advisors.

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BIS: 20 Pct Of Population Will Access CBDCs By 2024

PYMNTS

The study found that central banks collectively representing a fifth of the global population will likely issue a general-purpose CBDC by 2024, according to BIS. Work on retail CBDCs has become more popular, with some banks narrowing their focus down to just retail, while others are doing both wholesale and retail.

Survey 257
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Amazon To Hit $2.5 Trillion In Market Cap By 2024

PYMNTS

Forget Apple and its $1 trillion market capitalization. trillion in market cap by 2024. The analyst said in a research note to clients that AWS may be worth $1 trillion in six years, which would be larger than Amazon’s market cap, which currently stands at $929 billion. percent of the retail market in the U.S,

Marketing 100
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Retail POS Market to Reach $45B in The Next Seven Years

PYMNTS

While the retail point-of-sale (POS) terminals market is currently sitting at $15 billion, Global Market Insights is expecting it to reach $45 billion by the year 2024. With each step forward in the technology arena, the payment process becomes more complex and businesses are working to ensure security.

Retail 120
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T-Mobile And Sprint Merger Puts Spotlight On 5G At Retail

PYMNTS

Regardless of whether you think it’s a good idea for the market or a legal misstep, the T-Mobile and Sprint merger is going to put 5G on a faster track. For retailers, 5G stands to be an opportunity to get closer to consumers and amp up the in-store experience. Bottom line, the future of retail will be enabled by 5G.

Retail 163
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How Retailers Are Gearing Up For Contactless Payments Via mPOS

PYMNTS

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.

Retail 259