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New Frontiers In Banking 2024: Balancing Caution And Excitement

New Frontiers In Banking 2024:
Balancing Caution And Excitement

To set forward-looking strategies, bank execs must be on top of today’s trends. This report is designed to help leaders understand what innovations dominate the conversation and where they’re headed. It is based on CCG Catalyst’s New Frontiers Survey 2024, which asked C-level bank executives in the US about their attitudes and priorities.

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Key Findings of the Research

New Frontiers In Banking 2024: Balancing Caution And Excitement
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  • AI dominated among respondents as having the most potential for influence, opportunity, and risk.
  • Interest in BaaS waned as compliance concerns and regulatory scrutiny dampened enthusiasm.
  • Resistance to open banking persists despite the impending final rule from the CFPB.
  • Real-time payments showed momentum, with widespread plans for adoption following the rollout of FedNow.
  • Respondents overall were cautious but optimistic about the future.

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New Frontiers In Banking 2024:
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