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Retail banking trends to look out for in 2023

Independent Banker

One such bank is $1.7 billion-asset One Community Bank (OCB) in Oregon, Wis. It has introduced a plethora of new retail banking initiatives in the past couple of years, including online account opening for anyone in the state of Wisconsin. Jeff Versluys, One Community Bank. The initiative is working.

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2023 Trends & Predictions

Javelin Strategy & Research

Banner Section Home Rss.xml 2023 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

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5 Actionable Insights From 2Q 2022 Bank Earnings

South State Correspondent

Insights Based on 2Q Bank Earnings. Insight #1 – Deposit & Margin Management: Deposit runoff has started and will make it to community banks by October. For 2Q, larger community banks lost about 0.3% of their deposits, and small banks were either flat or continued to gain. This, however, will not last.

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Banking Predictions for 2021: New Branches, Travel Comes Back, Overcrowded Market

MyBankTracker

Here are some of the consumer banking trends that we believe will take hold in 2021. Consumer Banking Trends of 2020. Adoption of digital banking. Many bank customers were in for a shock when branches couldn’t open to the public. People were home and online more often than ever.

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Firecracker Research Informs Payments Decision Makers

PYMNTS

The emergence of high-tech and AI at the credit union level speaks volumes – and funnels right up into some larger digital banking trends. Turns out there’s no real instant gratification in the world of online commerce, as the Checkout Conversion Tracker finds that it takes 23 clicks to complete an online or mobile purchase.

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How You Handle Fraud Will Make Millennials Drop or Love You

FICO

If your company is a bank or a card provider and you’re wondering how make Millennial customers happy and retain them, you don’t need to run out to hire a very expensive consultant, or launch a huge advertising campaign. It is why the most successful banks have recognized that fraud is more than a cost-containment problem. Census data.

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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

As of the end of July, JPMorgan Chase’s career website had 2,314 open technology jobs, 148 product manager roles, and 63 digital jobs. . New hires will be given technical assessments, training, and managers who act as career advisers. JPM is introducing a two-year curriculum to focus on technical skills.

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