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Banking news in the USA | Page 2
An overview of news, trends and research in the Banking industry in the USA:
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No news found.
Payments market projected to see 6.6% annual growth to 2027
Bank payment systems are big revenue generators for incumbent banks, and growth in the segment is projected to continue at a rapid 6.6% annual increase, from 1.3 trillion in 2018 to 2.
17 April 2019
Banking-focused CCG Catalyst adds fintech specialist Philip Ryan
Phoenix-based management consultancy CCG Catalyst Consulting Group has added fintech expert Philip Ryan as it seeks to expand its footprint in the financial services sector.
19 February 2019
Accenture buys corporate and commercial lending specialist TargetST8
Global technology and management consulting firm Accenture has acquired New York-based corporate and commercial lending consultancy TargetST8.
23 October 2018
Two-thirds of Prime customers say they would bank with Amazon
A new survey from management consultancy Bain & Company finds that about two-thirds of Amazon Prime subscribers would try a free banking account provided by the ecommerce retailer.
24 September 2018
US banks could generate $2.4 billion from rolling out contactless cards
Contactless cards could generate $2.4 billion in incremental card-related earnings over the next five years for US banks.
01 August 2018
Transaction banking facing technological disruption from fintech
16 July 2018
McKinsey faces conflict of interest questions over retirement fund
McKinsey & Company is under scrutiny after the Wall Street Journal uncovered evidence that its retirement fund held investments that may have created a conflict of interest in six bankruptcy cases in
22 June 2018
Bank valuation in US mispriced by strength of fundamentals
The financial crisis hit banks hard, particularly in developed countries. Recovery has been slow, as profitability went on the back-burner in favor of stability.
21 May 2018
PwC advises lenders on client engagement in Digital Mortgage 2.0 era
An emerging ‘homeownership ecosystem’ will bring technology firms and other outsiders into the mortgage mix, a new report from PwC predicts.
16 May 2018
Amazon could be third largest bank in the US within five years
While the banking sector frets about the incursions of small fintech start-ups, the spectre of tech giants grabbing a piece of the banking pie looms large.
10 March 2018
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