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US regulator assesses $250 million penalty and places restriction on bank’s future activities
Accelerating digital capabilities in order to win, serve, expand, and retain customer relationships has become priority #1
Approximately 85% of deposit transactions are made via digital or automated channels including the bank’s app
Traditional banking products are “out”, according to tech company Temenos
On Thursday August 5 at 2 PM Eastern Time Banking Exchange will lead a webinar discussion on why a hybrid model is the future of the bank branch
At the end of the day, consumer behaviors drive the biggest change
Several banks including JP Morgan and Bank of America have already come under scrutiny
Bank of America ranks highest in banking mobile app satisfaction, reports JD Power
Banks are having to reconsider the role physical branches play in a world of digitized customer experiences
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