Three Predictions Banks will Focus on in 2016January 12, 2016
Transaction News – Predictions 2016 Edition, January 2016
2016 is almost here, and a new year often brings thoughts on what is ahead…potential changes, new opportunities, and things to avoid. That is, it is a nice time to make some predictions.
The Merriam-Webster dictionary defines the term prediction as “a statement about what will happen or might happen in the future.” It also defines the term as “the act of predicting something,” which is not at all helpful. So let us stay with the first definition!
In TransCentra’s Private Label unit, we focus on U.S. treasury management banks and the payment services that they offer to their corporate clients to grow their revenue and help their clients manage their business. In that regard, I will share my top three predictions that U.S. financial institutions (FI’s) will focus on in 2016.
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