Commercial banking, like many industries, has a workforce problem: their employees are getting older. People in senior ...
The technology behind lending systems has advanced significantly in recent years, and commercial banks are keen to take ...
Commercial banking customers value the human relationships they have with bank employees, who provide advice, support ...
The Great Resignation—which has seen unprecedented numbers of employees quitting their jobs in many leading ...
In the first post in this series on data-driven mastery in banking Four ways data can improve banks’ bottom line, ...
The big players in commercial banking are making major investments in technology to quickly ramp up their digital ...
The move to digital has dominated the conversation about commercial banking in recent years. That conversation is far ...
There’s more data available to banks than ever before. So why aren’t they using it to drive growth? Most commercial ...
Banks that are mastering data-driven analysis to unlock a detailed understanding of their customers are using that ...
Following our article on 5 actions to enable Open Banking for business finance, we now consider how commercial banks ...
Disclaimer: ChatGPT did not write our post, but we did ask it for title suggestions and picked our favorite one. Thanks, generative AI! We’re at an inflection point. Every day, we see how artificial i...
The pace of change is not slowing down. Customers’ expectations have radically changed, and they expect much more from their banking products and services than ever before. To maintain relevance, bank...
One year after ChatGPT’s public launch, generative AI is probably still the hottest topic in the world of business—and with good reason. Research suggests gen AI could add almost $7 trillion to global...
We’re a little over halfway through 2023, but it feels like we’ve already seen more than a year’s worth of major banking news since January. With all due respect to the impact of generative AI—which w...
How loyal are your customers? And do they feel truly rewarded for their ongoing relationship with your bank? According to recent Accenture research, banking customers view loyalty as a two-way street:...
Generative AI: what’s in it for me? Everyone, including auto and equipment finance providers, wants to know. The way I see it, it’s a technology that will have far-reaching impacts on the lending and ...
The years-long ISO 20022 journey has achieved a major milestone this year: it is now being used for cross-border payments. The new standard successfully launched globally in March 2023 with SWIFT CBPR...
PSD2 helped drive electronic payment and data-sharing volumes while enhancing security. So why is the EU proposing to enhance it with the new Payment Services Directive 3 (PSD3) and Payment Services ...
Banks and other incumbent payment players face an intriguing paradox right now. They must innovate to stay relevant, but their discretionary budgets for innovation are limited. They must find a way to...
Technical debt is a well-known issue in the software world, but it is becoming increasingly top of mind for banks—particularly banks undertaking a cloud transformation. Deciding what to do about tech ...
