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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? 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.

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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. A value card gives VIP guests immediate access to winnings.

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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. SNAP online . The USDA is in the process of rolling out a pilot program that will allow SNAP program enrollees to buy groceries online. Is there any way out of that?

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SNAP Users Shut Out Of The Digital Grocery Aisles

PYMNTS

Looking at the past several weeks of PYMNTS consumer survey data, four times more consumers are buying groceries online instead of going into the grocery store these days. Smith suffers from a chronic medical condition affecting her connective tissue and laments the fact that she can’t use her SNAP to easily shop online.

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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Studies show that digital disbursement methods could reduce these costs as well as make payments more efficient within Illinois, but the state also has to balance its budget and the security measures it will need to take for online payments before modernizing.

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Chick-fil-A And The Power Of Payments Innovation

PYMNTS

People on social media will engage in online debate for almost any reason — sometimes no reason at all. There are only two Chick-fil-A’s in Oregon. From the place counts alone, it’s highly unlikely that more people in Oregon go to Chick-fil-A than McDonald’s,” Factual argued. According to Foursquare , the answer is yes.

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MyPeople On Gigging With Marketplace Points

PYMNTS

At the same time, Strawn noted that her site provides a platform for creative and offbeat offerings “that you can’t really buy online today.” A gig worker on the MyPeople platform might help find a consumer find affordable housing in Portland, Oregon, for example. Each point is equivalent to $1.

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