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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The session also covered the new Georgia “merchant acquirer limited purpose bank” (MALPB) charter, which has the potential to be popular among fintechs wanting bank powers. This charter will give banks more competition in payments.

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What the future holds for retail banking – 5 key trends

NCR

We estimate that in five major retail banking businesses (consumer finance, mortgages, SME lending, retail payments and wealth management) from ten to 40 percent of revenues (depending on the business) will be at risk by 2025, and between 20 and 60 percent of profits, with consumer finance the most vulnerable.”

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