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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

More states require greater disclosure and control over what banks and card processors can charge. For example, the new Consumer Financial Protection Bureau (CFPB ) overdraft loan rule is expected to be enacted and go into effect in late 2025. If banks make it harder for criminals to make money, they will move on to other areas.

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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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