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2017: Key Trends in Retail Banking
Publication Date Jan 2017
Product Type Report
Pages 25
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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 chatbots.
- 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
GlobalData's “2017: Key Trends in Retail Banking” 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.


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.


Companies Mentioned

BBVA HSBC OCBC Albert Chip Cleo Plum Capital One Bank of America Starling Bank Monzo Tandem Secco Atom Bank

Introduction
Key Trends
Appendix

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2014: Trends to Watch in Global Wealth Management
By GlobalData
SummaryThe global wealth management industry is changing rapidly due to regulation and compliance, product and communication innovation, rebalancing wealth markets, and developing customer attitudes. ...Read More
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2015: Key Trends in Retail Banking
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SummarySeveral trends will drive developments in retail banking in 2015, covering external factors such as regulation and internal factors such as mobile innovation. Banks will have to react by stream ...Read More
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2016: Key Trends in Consumer Payments
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Summary The increased levels of innovation and interconnectivity in banking and payments have resulted in an ever-expanding range of transactional possibilities, and are notably triggering a rewiring ...Read More
Feb 2016 $7995.00
2017: Key Trends in Retail Banking
By GlobalData
SummarySeveral 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-a ...Read More
Jan 2017 $5250.00
2020 Foresight: Non Resident Indians
By GlobalData
This report focuses on the Indian diaspora, which is the largest among non-resident South Asians. The report examines non-resident Indians (NRIS)’ investment attitudes and behavior, sources of wealt ...Read More
Apr 2016 $4995.00
Aareal Bank AG (ARL) : Company Profile and SWOT Analysis
By World Market Intelligence
This report is a crucial resource for industry executives and anyone looking to access key information about "Aareal Bank AG"The report utilizes a wide range of primary and secondary sources, which ar ...Read More
Sep 2014 $125.00

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Published By :  GlobalData

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