Business users craze the personal banking experience
Easier to expect than to deliver
Prepaid purchase volume is expected to grow by almost $45 billion over the next five years
CIOs must realize that innovation needs to go well beyond the technology used to manage big data, according to Gartner, Inc. To get maximum value, enterprises will need to seek and embrace innovation in the way business problems are analyzed with big data.
After 40 years of branch building, the United States will witness a dramatic reduction in the number of operating branches, and Celent argues retail banks have yet to respond to the obvious migration of customers to new digital alternatives.
Survey documents ongoing burden
Regulation is top of mind for banking executives and is viewed as the primary impediment to growth and traditional bank business models, while the likelihood of mergers and acquisition activity within the industry declined, according to a recent survey by KPMG LLP.
Even as the prepaid card market grows incredibly fast, old views of prepaid are holding financial institutions back, says Cathy Corby Parker, chief revenue officer of TransCard.
Women worldwide offer an underserved market for mobile banking
PFM's evolving at a rapid pace
