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Though deliberately exaggerated, all five scenarios represent an urgent call to action for retail banks and point specifically to three priority areas where banks should act immediately and proactively to adapt: tech-powered transformation, data-enabled customer focus and broad-based trust.
- John Garvey
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- John Garvey
10 paź 2024 · A series of actionable levers can enable retail banks to take a more resilient and proactive approach: Look beyond fraud losses. Fighting fraud in the current environment requires that most banking executives make a significant shift in mindset. Enhancing mitigation is no longer synonymous with tightening controls.
6 wrz 2022 · We’ve sketched out a vision of the potential futures in our new report: Five scenarios for the future of retail banking: Building strength amid transition. Each of the five scenarios is grounded in trends that have already begun playing out.
Though deliberately exaggerated, all five scenarios represent an urgent call to action for retail banks and point specifically to three priority areas where banks should act immediately and proactively to adapt: tech-powered transformation, data-enabled customer focus and broad-based trust.
22 sie 2022 · After cataloguing and handicapping the possibilities, they then created five scenarios for the future of retail banking and identified areas where banks and credit unions can take proactive steps to adapt to these changes.
18 lut 2019 · The tight one-on-one retail-banking relationships of old are unbundling. Forty percent of US households today hold a deposit account with more than one institution. It is common to have a mortgage with one bank, an unsecured loan with a different lender, and separate deposit and investment accounts. The banking relationship is fragmenting even ...
26 sty 2021 · Retail banks around the world reacted to the COVID-19 crisis with speed, dexterity, and purpose, while remaining true to their environmental, social, and corporate governance goals. Now, as the new reality starts to take shape, banks face further challenges.
