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Financial Trends - Banking Exchange
Generative AI will Boost Corporate Profits Predicts Bank of America Survey

Generative AI will Boost Corporate Profits Predicts Bank of America Survey

AI implementations could boost S&P operating margins by 200 basis points
US Could Lose all Bank Branches by 2041

US Could Lose all Bank Branches by 2041

There has been an average of 1,646 branch closures each year
Two-Thirds of Consumers Approve Data Use for Personalized Banking

Two-Thirds of Consumers Approve Data Use for Personalized Banking

Nearly three-quarters of consumers demand more personalized banking experiences
Banking Exchange Invites Banking Executives to Chicago November 7

Banking Exchange Invites Banking Executives to Chicago November 7

Conference to be held at the University of Chicago, Booth Business School Downtown
One Third of Canadians Use AI For Finance Management

One Third of Canadians Use AI For Finance Management

Over half of consumers believe AI can assist people in making informed decisions
Bank of America’s Second Quarter Highlights Big Bank Earnings Advantage

Bank of America’s Second Quarter Highlights Big Bank Earnings Advantage

Earnings report was considered a win due to investment banking fees
Data and AI Driven Discussion July 24

Data and AI Driven Discussion July 24

Wednesday, July 24 at 11 am ET, Banking Exchange will host an online discussion
Majority of Banks Fall Behind in Digital Transformation

Majority of Banks Fall Behind in Digital Transformation

Nearly one in six banks admit to lagging behind or working to catch up with digital transformation
Financial Advice Gains Importance with Bank Customers

Financial Advice Gains Importance with Bank Customers

Over three-quarters of customers who received financial advice acted on it
Nearly Half of Consumers Approve of AI in Banking

Nearly Half of Consumers Approve of AI in Banking

The majority of consumers identified real-time fraud monitoring as the AI capability they are happy for banks to implement
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