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Retail banking trends to look out for in 2023

Independent Banker

By hiring a digital engagement specialist to help customers make the best use of mobile and digital services, Gorham Savings has increased the use of these products. Overall, customer reaction to the community bank’s many initiatives has been positive. “We Looking even further into the future.

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Deep Dive: How 2020 Shaped The Future Of Digital-First Banking

PYMNTS

Banks all over the world were forced to reduce hours, switch to appointment-only visits or shut down branches entirely. Bank branches are also closing faster than ever before. Financial institutions (FIs) of all sizes will have to take the lessons of 2020 into account when planning ahead, and digital banking will play a central role.

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

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Making omni-channel a reality – Part 4: Assess your operating model

NCR

Any bank embarking on a journey towards omni-channel service delivery will have many questions to answer and challenges to overcome along the way, as I explore in this whitepaper. One of the key stages of an omni-channel transformation is assessing your existing operating model and looking for ways it can be improved.

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Santander Shows One Way Forward For 5G And Banks

PYMNTS

Financial institutions are constantly on the hunt for an edge when it comes to mobile banking and other innovations, and that’s playing out with new, emerging 5G mobile network technology. One of the most recent developments comes from Spain-based bank Santander. 5G Promise. 5G will mean zero waiting time.”.

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Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix

PYMNTS

“On one hand, our banking system is over 100 years old, and was really developed during the apartheid years,” he said. “Most small businesses operating in South Africa today are relatively new, and emerged post-apartheid.” Challenge Breeds Opportunity.

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How Middle Eastern Merchants Can Keep Up With Pandemic-Driven Privacy, Payment Shifts

PYMNTS

Middle Eastern consumers’ jump to online channels during the pandemic follows global commerce and banking trends, but Macadam explained that the region’s shift has been more dramatic than in other areas. Online Payments Drive Privacy Concerns. This is also a significant departure from the pre-pandemic payment normal, he stated.

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