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5 Banking Trends We’re Forecasting for 2023

Perficient

2023 has commenced, and rates are climbing, inflation is bubbling, and banking customers are continuing to demand hyper-personalized products and experiences from their institutions. Here are five banking trends we’re forecasting for the new year. Three prominent areas where there is a strong desire to optimize: Data.

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Retail banking trends to look out for in 2023

Independent Banker

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 Of course, successful retail banking requires more than just technology. Reaching customers. Versluys says. “We

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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

But bankers should be preparing for a devaluation of the collateral used by their borrowers to determine how best to manage this emerging situation. Bankers must get serious about driving down the cost of the pistons, carburetors, and batteries of running a bank. Technology offers opportunities to do just that.

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Wealth Management Services Need to Put the Human Element Ahead of Technology

The Financial Brand

This article Wealth Management Services Need to Put the Human Element Ahead of Technology appeared first on The Financial Brand. Community banks have an edge in wealth management — if they use it. Robo advice may be all the rage, but the shortcomings are glaring.

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5 Trends for the New Year and New Revelations

Jack Henry

Strategizing is important for all organizations as many industries are reinvented by technology and reimagined by changing consumer needs. Amid banking trends, fintech trends, and other emerging factors, the financial services sector is no stranger to change.

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Poor Lead Management Practices Cost Banks More Than Lost Sales

The Financial Brand

The post Poor Lead Management Practices Cost Banks More Than Lost Sales appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Not only revenue is at risk, but your reputation (because of redlining). The right tech and methods can aid financial marketers with both.

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7 Highlights from the Latest FDIC Quarterly Banking Profile

Abrigo

Banking Trends from the FDIC's 2Q Report Net interest margin reached a new record low, but positive signs emerged in lending. Banking Data. Takeaway 1 Nearly two-thirds of banks actually reported higher net interest income, but aggregate net interest income fell. Summary of the Latest FDIC Quarterly Profile. Learn More.

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