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Banking Predictions for 2021: New Branches, Travel Comes Back, Overcrowded Market

MyBankTracker

We’ve kept a close eye on how banks and other financial institutions have changed their products and services in 2020. Here are some of the consumer banking trends that we believe will take hold in 2021. Consumer Banking Trends of 2020. Adoption of digital banking. Expected Banking Trends for 2021.

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Making omni-channel a reality – Part 4: Assess your operating model

NCR

According to The Financial Brand’s 2017 Retail Banking Trends and Predictions report , the single most important trend for the retail banking industry this year will be the drive to remove friction from the customer journey. ” [Defining the New Core of a Bank – EY].

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Firecracker Research Informs Payments Decision Makers

PYMNTS

High satisfaction rates, to the tune of 81 percent, come in tandem with innovations such as shared branching, in which ATMs and services are universal across the network. The emergence of high-tech and AI at the credit union level speaks volumes – and funnels right up into some larger digital banking trends.

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Foolhardy Predictions for 2016

NCR

As documented exhaustively on this blog, many options have hit the market in the last few years, including some with predictions of being a game change, but the market didn’t experience a dramatic shift overnight. Just about any option on the market represents a major advance over cash or even credit cards.

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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

The app allows users to make deposits, make payments, and keep tabs on their account (through paperless statements and account alerts), and will soon add Just Invest, the bank’s brokerage platform. The deposits function includes Chase QuickDeposit (digital check deposit) as well as Chase’s new service, cardless ATMs. JPM Mobile.

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