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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? Powering innovation starts with transforming technology and its use. Many banks are built on legacy, and that includes legacy IT. Banks Move from ‘Old IT’ to ‘New IT’. Think like a stockbroker.

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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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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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B2B FinTech On The Cusp Of Change

PYMNTS

SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. According to new research from Accenture, which published the results in its “SME Banking 2020: Changing the Conversation” report, small and medium-sized businesses are eager for more value-added services offered by their FIs.

Fintech 108
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Expanding the Banking Talent Pool

Banking 2020

Big firms need to work hard to remain competitive; smaller firms need to keep innovating and not become stale. Advancing Banking Talent and Leadership. There must be a marriage of financial content and experience with the new thinking and agility that will create of what banking will be in the future.

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Winning the Customer

Banking 2020

The report survey reveals that 18% of consumers in this category switched their primary bank in just the past year, compared to 10% of customers 35 to 54, and just 3% of people 55 and older. Some online-only startup, with operations based overseas? So where are they going? Most other businesses would love to have those advantages.