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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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Expanding the Banking Talent Pool

Banking 2020

The cynics will argue that this new hiring method won’t work for regulated financial services, or that people would rather go to a technology firm than a bank. Telecommunications is also global, for example, but regulated on a regional level. This is true in some cases, but it isn’t a sweeping reality.

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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?

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Power Up Your IT Budget by Zero-ing in on Waste

Banking 2020

According to a recent report by McKinsey, banks that relentlessly standardize their IT infrastructure and application architecture spend an average of 41 percent less on day-to-day IT operations. In an age where their most valuable assets are under attack, banks must adopt a vigilant stance in protecting them.