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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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Rideshare Rental Startup Expands In New York And Wisconsin

PYMNTS

The company, which is in 29 states, is growing — it added New York City and Madison, Wisconsin, to its roster of cities in 2017. Unlike services like Turo, which is focused on the broader rental market, HyreCar provides features like insurance targeted toward rideshare drivers.

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Community bank assimilates fintech talent, tech to advance digital services

BankInovation

Wisconsin-based Horicon Bank is making use of its acquisition this year of fintech startup Monotto to drive digital innovation at the community bank. billion Horicon Bank made a strategic move with its acquisition of Atlanta-based Monotto, bringing both fintech talent and technology to the bank.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

It’s been a busy time in the grocery world this week, with digital innovation at the core of the headlines in the industry. The news comes as the first Amazon Fresh opened , with the eCommerce retailer providing access to the general public to the Los Angeles store in September.

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Willy Street Co-op Thinks Small To Get Big Results

PYMNTS

Which adds up to a situation for food-related retailers looking to enter into the world of buying and selling sustenance. Social media accounts strongly indicate that consumers are on a constant hunt for newer, fresher and more unique dining experiences — but it is almost impossible for culinary innovators to make it into the marketplace.

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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Last October, Kroger introduced Home Chef retail meal kits, and we’re now expanding to add the easy-to-prepare recipes to hundreds of new locations, providing convenient access to the meal solution at more than 700 stores. .

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