Study found that large banks are increasing market share when it comes to financial advice

Acting on the personalization opportunity requires a major change in mindset

Financial services sector changes by 107%, growing concerns regarding privacy and data security

The bank is expecting Modest GDP Growth at 2%, With Strong Consumer Sector as Driving Force, Low Probability of Recession

They are heavily reliant on cashing paychecks and thus paying by cash

What was on top of the agenda at Davos this year? Concern over emerging technologies!

Gen Z has introduced a new set of behaviors that are changing the dynamics within the banking and fintech space

80% of its customers only visit PNC without visiting the other four major banks

There are definitely pluses and minuses to both the consumer and the banks in terms of safety and credit

Oftentimes the problem can come back to the cultural environment within the bank