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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. It suggests that top regional banks in the U.S. They reduced cost-to-serve by 25 percent.

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. It suggests that top regional banks in the U.S. They reduced cost-to-serve by 25 percent.

Retail 28
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Finland and US lead the way for non-cash payments

Banking 2020

Citizens in Finland, the US and the Netherlands have been revealed as the most prolific users of non-cash payments such as credit and debit cards, according to a report that revealed which nations are leading the way with innovations in payments. Overall, 123 billion such payments were made in the nation in 2013.

US 40
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Winning the Customer

Banking 2020

That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? Meanwhile, the large regional or national banks are the biggest losers, saying sayonara to 16% in this customer age group.

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The Mobile Money Revolution: Transforming Lives

Banking 2020

The Bill and Melinda Gates Foundation predicts mobile money will catalyst change across the poorest nations. Now, as part of a new report, it argues that mobile technology in particular will be key. Without this as an enabling factor, the digital economy can’t get started.

Mobile 40
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Fragmentation vs Ubiquity

Banking 2020

Jessica Trundley, payments risk expert in the Retail Payments Risk Forum at the Atlanta Fed, believes this constitutes a problem for the industry, but she thinks there is a way round it. Directory’.

Atlanta 40
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Expanding the Banking Talent Pool

Banking 2020

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. 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.