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Reshaping retail banks: Enhancing banking for the next digital age

McKinsey Operations

The current model of universal retail banking is unsustainable over the long term. To thrive, banks need to reinvent themselves, focusing on businesses where they can achieve and extend market leadership in the new digital world.

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Central bank digital currencies: An active role for commercial banks

McKinsey Operations

With central banks increasingly exploring central bank digital currencies (CBDCs), now is the time for commercial banks to establish their role in a fast-changing landscape.

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Atty Slams Mogul's Fight For Bank Records As Waste Of Time

IP Law 360

An attorney struck back against an airline mogul's attempt to acquire his bank records as part of a hacking lawsuit, telling a federal court that a subpoena was invalid because it was sent under an improper bank name.

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Helping banks think like tech companies

McKinsey Operations

Mambu co-founder Eugene Danilkis talks about how banks can approach core technology transformation and keep up with the fast pace of change, then offers his take on the future of human interaction.

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The future of banks: A $20 trillion breakup opportunity

McKinsey Operations

Banking is radically transforming. Many banks can thrive by fundamentally changing the way that financial services are embedded into daily life.

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Should US banks be moving to next-generation core banking platforms?

McKinsey Operations

Banks today urgently need a new core platform, but building one is time-consuming, expensive, and uncertain. It may help to think strategically and pursue a two-track process.

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Sanction Bank Workers Who Hid IP Grab, Branding Firm Says

IP Law 360

An architectural and marketing firm has asked a Philadelphia federal judge for sanctions against two of its former employees who jumped ship for Republic Bank, saying that texts between the ex-employees show the "nadir of bad faith" about evidence destruction in their trade secrets misappropriation suit.