Key Trends in Retail Banking 2017: Financial Service
Summary
Several trends will drive developments in retail banking in 2017,
including factors as diverse as changes to the regulatory environment, the
emergence of artificial intelligence, and the long-awaited entry of new
mobile-only providers.
Key
Findings
- The UK and the EU will be at the forefront of moves to practically
apply the principles of open banking in 2017, spurred on by regulatory demands.
The focus in 2017 will be primarily behind the scenes: banks will collaborate
to establish standards and protocols on security, data protection, and
accountability.
- While open APIs will facilitate access to the additional data needed to
provide high-quality data-led insight, it is through AI that such analysis will
be provided. From the consumer perspective, AI will manifest itself through the
medium of chat bots.
- Fintech will come under increasing scrutiny from global regulators in
2017, with two key objectives in mind: keeping on top of new innovations and
encouraging the emergence of new entrants.
Synopsis
GlobalDatas “Retail Banking Trends” identifies six key trends that will
shape the retail banking market in 2017, to which providers will need to
respond and adapt.
The report offers insight into:
- The likely impact of competitive, regulatory, and technological
developments on the retail banking industry in 2017.
- Which providers are making the most headway in responding to, and
taking advantage, of these trends?
- What actions you need to undertake to exploit these trends and stay
ahead of your competitors.
To view
Full Report: Key
Trends in Retail Banking 2017
Reasons
to Buy
- Identify the most important trends that will affect retail banking in
2017.
- Assess the impact of competitive, consumer, and technological
developments on the retail banking industry.
- Learn what actions you need to undertake to exploit these trends and
stay ahead of your competitors.
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Sample Request @ Key Trends in
Retail Banking 2017
Table of
Contents
Introduction
Key Trends
Appendix
More Related Reports @ Financial
Services Market Research Reports
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