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The Economist Intelligence Unit
Future Factors
The 3Rs of Retail Banking: Regulate; Revise; Re-Envisage
EIU, 2015
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Retail banking is changing, and bankers who remain mired in old ways of doing business will likely get left behind.
Recommendation
While retail bankers are still coming to grips with new regulations, they’re also grappling with the technologies that will ineluctably change the face of banking. The Economist Intelligence Unit surveyed 208 global industry executives and reports that implementing digital strategies and strengthening new, more profitable businesses are increasingly in bankers’ sights. Meanwhile, technology “disruptors” could present challenges to the financial sector. getAbstract suggests this forward-looking study to financial industry professionals.
Summary
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.
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