The name Amazon gets bandied about plenty in banking circles. While there’s every reason to feel the heat, banks can respond with proactive innovation.
Banks focused on the wallet metric need to start with attracting new customers in the first place—and keeping them.
Open banking and "banking as a service" are here. Here’s how savvy banks can seize on these high-tech changes.
Yes, there are risks to working with people with thin (or no) credit histories. Enter alternative data.
Banks that improve their approach to the pursuit of late payments could bolster consumer loyalty, especially among young affluent adults.
Especially in sectors such as the construction industry, digitization cuts lender risk and leads to smart portfolio decisions.
Betty Cowell, senior advisor at Simon-Kucher & Partners, shares what banks large and small can expect on the retail front in the second half of 2018.