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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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Is Palm Authentication The Next Big Banking Trend?

PYMNTS

Fiserv is looking to transform the in-person banking experience into one that is both faster and more secure with the scan of a palm. It’s more secure, and our members and our tellers love it.”. Security is a big deal to our members,” Guynn added.

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

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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. Low Latency. 5G will mean zero waiting time.”.

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Banking on Artificial Intelligence in Video Surveillance

The Financial Brand

Pairing network video systems with AI creates opportunities for banks and credit unions to improve security and customer safety in branches. The post Banking on Artificial Intelligence in Video Surveillance appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. Intuit QuickBooks Director of Corporate Affairs Rob Burlison said the research “shows that small businesses are in danger of missing out on the massive benefits open banking could bring.”. “It Alliance Bank Taps Into Ephesoft Data Capture.

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A frictionless experience – how can banks make it happen?

NCR

Indeed, this was found to be a top priority for banks in the year ahead in a recent study by The Financial Brand. Elsewhere, banks also need to look closely at their mobile and online offerings this year to identify any redundancies and repeated steps that add friction, and work to remove these. Decreasing friction a top priority.