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Retail Banking

The Bank of England has implemented a new standard for payments data — and the Fed will be watching closely
Regulators are considering asking more banks to hold more capital in the wake of the SVB and Signature collapses
The bureau wants to improve competition for consumers with the help of other agencies and stakeholders
Capital constraint is everyone’s problem
Alchemer just released the 2023 Mobile Customer Engagement Benchmark Report
Personal services through apps are becoming more popular as providers expand their offerings
Overhaul also includes expansion of small business lending and a review of real estate
JP Morgan Chase has announced that they are developing a form of AI to help select investments for customers
Charles Schwab, Discover and Ally among winners as customers get increasingly comfortable with online banking
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