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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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Self-Checkout Hits A (Small) Speed Bump

PYMNTS

But at least a temporary blowback to the technology has begun, some of which has landed the issue in court and some of which has led Walmart and other retailers to rethink how it is used. In fact, in Oregon, the matter has gone to court. You can see expansion of self-checkout machines in stores across the country and in Oregon.”.

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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. Going cashless also aids cost-cutting by way of more efficient operations.

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Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

PYMNTS

“POWDR chose to partner with Square because they help elevate the guest experience from enabling fast, secure, contactless payments to integrated online-ordering solutions,” Justin Sibley , co-president of POWDR, said in the release. Bachelor, Oregon; Woodward Park City, Utah; and SilverStar in British Columbia, Canada.

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Grubhub, BJ’s Restaurants And Brewhouse Announce Partnership

PYMNTS

operates a nationwide chain of casual dining restaurants offering a diverse range of menu items. We are excited to be expanding our delivery options and combining BJ’s extensive menu with the convenience of Grubhub,” said Lon Ledwith, executive vice president of operations at BJ’s Restaurants, Inc. BJ’s Restaurants, Inc.,

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Nordstrom Tempts Millennials With Snapchat Presence

PYMNTS

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

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For This Startup, Scale Was A Matter Of Necessity

PYMNTS

So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

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