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Consumer Trends That Are Affecting Your Financial Institution You Should Know About

Question: 
What future consumer trends are impacting Financial Institutions?
Answer: 

Customers are using more and more EFT transactions. With the growth of EFT transactions and identity theft, the burden placed by regulatory requirements is growing. Financial institutions need to implement solutions to automate their back offices to avoid regulatory deficiencies, reduce customer frustration, and reduce time consuming and expensive oversight.

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First published on 11/03/2019

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