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How 2015 is Different for Retail Banks

Banking 2020

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Cyber vulnerabilities.

Retail 40
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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. They reduced cost-to-serve by 25 percent. Processing performance improved 45 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. They reduced cost-to-serve by 25 percent. Processing performance improved 45 percent.

Retail 28
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What Does 2015 Bring for EMV and Payments?

Banking 2020

However, this doesn’t mean that we, as in consumers, retailers, issuers, haven’t learned anything from these incidents. With this reality in mind, a growing number of issuers and retailers have started acting on updating credit cards to EMV chip-enabled cards and upgrading their systems.

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Banks: sink or swim with FinTech players

Banking 2020

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. Key reasons for this include innovations in the technology industry that offer significant opportunities to financial firms.

Fintech 40
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Next in Mobile Payments: The Android Alternative

Banking 2020

There was a time when the launch of a new mobile payment system from one of the world’s largest and most dynamic technology companies would have been a massive event. While Google Wallet and Samsung Pay are both apps, with all the advantages and headaches that implies, Android Pay is embedded in the operating system.

Mobile 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? Some online-only startup, with operations based overseas? When we’re online, we can go anywhere, and surely do.