Landscape Of The Retail Banking Market Outlook: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit According to the report analysis, ‘2018: Key Trends In Retail Banking’ suggests that 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. In addition, improvement in the digital servicing saves the time of the customer as well reduces the burden of the service providers. Earlier, many important documents were needed for opening the bank account but in the recent trends, with the Aadhar digital ID system in India, it can be easier to open bank account. Consumer banking is known as retail banking, aims to be the one-stop shop for any financial services as possible on behalf of individual retail clients. Retail banking offered services including checking accounts, savings, personal loans, debit/credit cards and mortgages and others. Mainly, the retail banking focuses on the individual consumer. Many consumers are mainly exploiting the local branches services, which provide onsite customer services to all the customers. Whereas the inauguration of the internet leads to significant change in the retail banking and banks started providing greater range of services for their retail clients. Several banks now provide online banking services to customers purely through internet and mobile applications. Moreover, new banking innovations are also expected to grow in the mobile banking sector. They will also increase the products and services that banks are offering in the recent trend and help the bank to increase their customer base by developing customized platforms to fulfill the needs of every customer. Development in the technology has changed the ways of operating several services and allowing the customers to access banks services more easily without any hurdle or going physically to the bank. New technology in banking is already transforming the landscape of financial sector. The technology of blockchain is set to essentially transform banking and financial services. It disperse the financial management from a central authority to a widespread network of computers. Moreover, the ATMs majorly transformed the banking system and bring new revolution. The new digital banking system will increase customer preferences and experiences by making them more informed by providing more data about their transactions performed. With the new developments in the recent trends the customers will be able to get immediate feedbacks on some crucial or serious issues which they previous had to wait for, or has to go to a bank to process the transactions. Usage of mobile banking is not new in the banking industry but the capabilities are set to change and become reliable and easy to use. Technological developments ensure the usage of mobile apps and reduce the existence of middle man. With the help of internet banking a customer can assessed banking activities or services from any anywhere on the globe. Digital banking technology is also set to improve in 2018 banking trends. Many major banks are expected to increase the efficiency in their services with the extensive usage of external application programming interfaces (APIs) which reduce the interfaces of middle man. Therefore, the industry of retail banking is expected to grow in the near future. To know more, click on the link below: https://www.kenresearch.com/banking-financial-services-and-insurance/banking/2018-key-trends-retail-banking/150274-93.html Related Reports:- https://www.kenresearch.com/banking-financial-services-and-insurance/banking/2015-key-trends-retail-banking/2496-93.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 3 Tags: Global Retail Banking Market Analysis, Global Retail Banking Market Applications, Global Retail Banking Market Competitive Analysis, Global Retail Banking Market Forecast, Global Retail Banking Market Imports and Exports, Global Retail Banking Market Leading Players, Global Retail Banking Market Opportunities, Global Retail Banking Market Research Report, Global Retail Banking Market Segmentation, Global Retail Banking Market Size