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Wal-Mart: Checking Accounts in Aisle 3

Banking 2020

That mixed record has given hope to traditionalists who maintain that the biggest barrier to entry into financial services remains the capital investment required. Wal-Mart’s past forays into banking have not gone well in part because of strong opposition from the financial services industry.

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IT Transformation: How Banks Are Driving Digital Technologies

Banking 2020

Banks have one of the largest IT budgets of any industry, but what exactly are organizations getting for the money? And when it comes to who has the most to gain, not every industry is the same. The banking and financial services industry nearly tops the list of largest IT budgets, spending an average 6.3

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Test Quickly, Fail Fast: Utilizing Data to Retain Customers

Banking 2020

In order to grow and maintain a business, regardless of the industry, it is important to be able to properly identify two types of customers –those who are happy and those who you are at risk of losing. Analytics can play a key role in helping identify and segment these customers to initiate retention programs proactively.

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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
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Lending: When Technology Makes the Call

Banking 2020

Resisting the tide is to live in denial—things will change, and the better our industry can handle it, the better things will be for everyone. Affirm , which makes no bones about the fact that it’s out to reinvent the financial services industry, asks for just a little information and makes an underwriting decision in less than two minutes.

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How to strengthen your next board presentation

Banking 2020

For example, if you are communicating the latest results of a stress test, show not only the potential impact on earnings and capital levels but also show the parameters. By providing documentation, your key points can be substantiated now and whenever Board members refer back to the presentation materials. Big picture.

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