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2018: Key Trends in Retail Banking By Bank of America, Chase, CYGB, Habito, HSBC, ID Now, iProov, KBC, Klarna, Lufax, Marcus, Monzo, N26, Nationwide, Orange Bank, Oval Money, Quicken Loans, Revolut, Shawbrook Bank, Starling Bank

11-16-2018 05:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Key Trends in Retail Banking

Key Trends in Retail Banking

New Report On Key Trends in Retail Banking Market added to Orbisresearch.com database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Several trends will drive developments in retail banking in 2018, including factors as diverse as changes to the regulatory environment, the development of open banking, improvements in digital servicing, and the reconfiguring of branch networks.

This report identifies seven key trends that will shape the retail banking market in 2018, to which providers will need to respond and adapt. It offers insight into -
- The likely impact of technological developments on the retail banking industry in 2018.
- Changes in the competitive and regulatory environments.
- Which providers are making the most headway in responding to and taking advantage of the these trends.

Get sample copy of this report@ http://orbisresearch.com/contacts/request-sample/2171044

Scope:

- Growth in open banking will be limited in 2018, with consumer resistance and slow progress by the largest banks being the main barriers. However, regulators around the world are establishing open banking frameworks that will boost adoption in the longer term.
- Major banks will continue to downsize their branch network in response to declining footfall and a desire to cut operating costs. Remaining branches will be repurposed to focus on advice provision and other added-value activities.
- Providers will increase efforts to improve their digital onboarding capabilities, using mobile image capture to automate the Know Your Customer process. An increasing number of providers will offer fully digital application procedures for complex products such as mortgages.

Reasons to buy:

- Identifies the most important trends that will affect retail banking in 2018.
- Assesses the impact of competitive, consumer, and technological developments on the retail banking industry.
- Offers insight on the providers that are making the greatest impact in these areas.

Inquiry before buying@ http://orbisresearch.com/contacts/enquiry-before-buying/2171044

Companies Mentioned:

Aldermore
Amazon
Bank of America
Chase
CYGB
Electronic IDentification
Funding Circle
Habito
HSBC
ID Now
iProov
KBC
Klarna
Lufax
Marcus
Monzo
N26
Nationwide
Orange Bank
Oval Money
Quicken Loans
Revolut
Shawbrook Bank
Starling Bank
Tic:Toc
TransferWise
Virgin Money
Wells Fargo

Get more information about this report@ http://orbisresearch.com/reports/index/2018-key-trends-in-retail-banking

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Info:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email id: sales@orbisresearch.com

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