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Retail banking trends to look out for in 2023

Independent Banker

We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. “A

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Bankers Tell Me Their Top Industry Game Changers

Jeff For Banks

This week I did my annual tour of the West, teaching Bank Profitability in the Executive Development Program for the Washington, Oregon, and Utah Bankers'' Associations. As part of the day-long curriculum, we discuss industry trends. What do you think are industry game changing trends?

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PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

Digital banking trends and advancing technology can imply that the unbanked or the underbanked are a diminishing group in U.S. Blankenship thinks that a lack of access to banks and high fees will increase the number of underbanked who are turning to payday lenders instead.

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Corporate banking: serving the needs of business clients

Celent Banking

Looking across the largest global banks, transaction banking’s share of total bank revenue averages 13%, with its share of deposits averaging 36%. Transaction Banking Revenue and Deposits. On the lending side, US commercial loan outstandings have more than fully recovered from the 2008-2009 financial crisis.

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How did open banking come about and how does it work? (2/4)

Lars Markull

More and more, banking and payment activities are becoming part of other services such as loan applications, e-commerce shopping, and insurance claims. This whole trend is described as “embedded finance“, where banking and payment features get embedded into products of other industries.

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How did open banking come about and how does it work? (2/4)

Lars Markull

More and more, banking and payment activities are becoming part of other services such as loan applications, e-commerce shopping, and insurance claims. This whole trend is described as “embedded finance“, where banking and payment features get embedded into products of other industries.

Mobile 52
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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age.

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