Commercial banking top trends in 2023
The world of commercial banking faces uncertainty today. As a result, it is difficult to make confident decisions about the medium-to-long term. However, Accenture believes commercial banks have an op...
Filter by:
PSD2 helped drive electronic payment and data-sharing volumes while enhancing security. So why is the EU proposing to ...
With Open Banking evolving into Open Finance around the world, it has been difficult to gather the necessary data to ...
The shift to digital services has accelerated since 2020, improving the potential of Open Banking payments to become a ...
Variable recurring payment (VRP) is the latest development in UK Open Banking. It offers an innovative way to initiate ...
The Open Banking wave is picking up speed in Canada. The Advisory Committee on Open Banking, in its final report, said ...
One of the most remarkable things about payments right now is how easy they are to miss. Not that long ago, moving ...
Back in 2009, Apple coined the catchy phrase, “there’s an app for that.” Since then, apps (single-use apps, that is) ...
Open Banking allows customers to share access to their banking data with trusted third parties, which then provide the ...
Compared with challenger banks, some traditional banks have been slow to adopt Open Banking. This is perplexing, given ...
Today’s steady flow of customer data enables banks, non-banks and fintechs to take advantage of ecosystems and ...
The world of commercial banking faces uncertainty today. As a result, it is difficult to make confident decisions about the medium-to-long term. However, Accenture believes commercial banks have an op...
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...
As consumers experience economic turbulence due to inflation and rising interest rates, they want to be able to pay anywhere, anytime, anyhow. For banks to stay ahead of an increasingly complex paymen...
The COVID-19 pandemic increased the tempo of change in consumer behaviors and expectations. Payments, characteristically, is at the forefront of the change. In “Payments Gets Personal—Strategies to St...
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...
Having pulled through the Covid pandemic, the unravelling of international supply chains and a global energy crunch, commercial banks must now grapple with a spike in interest rates and the collapse o...
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 ...
Banking has been blasted by the winds of change in 2023. If you think we’re not in Kansas anymore, you’re not alone. The industry right now has a surprising amount in common with some of the most icon...