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How Innovation Priorities Are Evolving for FIs

PYMNTS

But how much are FIs really investing in blockchain and artificial intelligence (AI) compared to more foundational innovations? percent are focusing on them, likely because debit payments (and credit products) are more market-ready than other offerings. Bottom performers are focused on UX (62.5 percent to 42.5 While only 18.5

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. banks by market value.”. Thanks for elevating the pressing need for bankers to think more like marketers. You aren’t competing with the supermarket.”.

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