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Retail banking trends to look out for in 2023

Independent Banker

“We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In Looking even further into the future.

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Banking on Artificial Intelligence in Video Surveillance

The Financial Brand

Pairing network video systems with AI creates opportunities for banks and credit unions to improve security and customer safety in branches. The post Banking on Artificial Intelligence in Video Surveillance appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

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Consumers Ditch Branches and Use Digital Channels for Home Equity Applications

The Financial Brand

A rebound in secured consumerl credit is coming but financial institutions unable to offer mobile and online applications will lose. The post Consumers Ditch Branches and Use Digital Channels for Home Equity Applications appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Will Regulators ‘De-Bank’ Challengers, Neos, Cryptos & Fintechs?

The Financial Brand

Signs point to stricter rules for how nonbanks can use banking terms in their apps and marketing, complicating banking-as-a-service deals. The post Will Regulators ‘De-Bank’ Challengers, Neos, Cryptos & Fintechs? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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What’s Next for Plaid’s Complex Relationship With Financial Institutions?

The Financial Brand

Senior execs at the data aggregator reveal the strategy behind moves to cooperate with banks, and the impact of an open-finance future. appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The post What’s Next for Plaid’s Complex Relationship With Financial Institutions?

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Gen Z’s Top Priorities When Selecting a Financial Service Provider

The Financial Brand

The post Gen Z’s Top Priorities When Selecting a Financial Service Provider appeared first on The Financial Brand - Banking Trends, Analysis & Insights. But traditional institutions and fintechs must earn the trust of these young consumers.