Tech and Finance

APRIL 29, 2016

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

Retail Regional Innovation Survey 28

Tech and Finance

APRIL 29, 2016

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

Retail Regional Innovation Survey 28

Banking 2020

DECEMBER 16, 2014

A big part of this is moving from reactive to proactive talent management. Take Smart Risks: Managers generally hire people who walk and talk like everyone else on the team. 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.

Leadership 52

Leadership Regional America Industry 52

Banking 2020

JANUARY 20, 2015

But bowing to the inevitable doesn’t seem too smart either—we need to manage the transformation in such a way as to make it benefit all parties. On the flip side, banks and credit unions don’t survive in a vacuum—they’re answerable to shareholders and regulators, and they’re building on a foundation of centuries-old tradition.

Technology 40

Technology Lending social media Analytics 40

Banking 2020

MAY 5, 2015

Many banks have failed to build relationships with their customers because they haven’t differentiated themselves from every other bank. Customers expect to have standard services like checking and savings accounts, money market accounts, CDs, mortgages, and personal loans from any bank.

How To 40

How To Software Management Fraud 40

Banking 2020

JUNE 2, 2015

Last year, 2014, could be described as the transition year for transaction banking, seeing the recovery from the financial crisis and the promise of a strong future growth. 2014 also saw a convergence of many regulations, including Basel III, the Foreign Account Tax Compliance Act and the Dodd-Frank Act, which all impact this area.

Analytics 40

Analytics Compliance Boston Strategy 40

Banking 2020

MARCH 31, 2015

In fact, Andorra’s current troubles richly illustrate the problems inherent in a global banking system when there’s a gap—maybe even a chasm—between a given nation’s GDP and the assets it has under management. Andorra’s version of a domestic piggy bank brimming with overseas coins is certainly not unique.

New York City 40

New York City Comparison New York Regulation 40

Banking 2020

NOVEMBER 9, 2015

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time.

Mobile 40

Mobile Payments Regional National 40

Banking 2020

NOVEMBER 22, 2015

In particular, study author Niklas Arvidsson, a researcher in industrial economics and management at KTH, believes the growth of mobile payment systems like Swish is hastening the demise of cash in the country. The KTH study notes that several banks have 100 per cent digitalized branches that will not accept cash. Number one?

Study 40

Study ATM Mobile System 40

Banking 2020

MARCH 17, 2015

What’s memorable is that this very large bank has managed to add a personal touch to such a straightforward transaction. For one thing, regulators have been pushing banks to be simpler and more straightforward, so customers know where they stand. Sure, I can check my balance and transfer money.

San Francisco 40

San Francisco Customer Experience FDIC Mobile 40