The July 2024 report from the Retail Bank Transformation Americas conference highlights key industry priorities. CFPB Section 1033 will strengthen API-enabled third-party data access, increasing the role of aggregators and requiring closer FI collaboration. Banks must balance fraud prevention with seamless experiences as over 30% of fraud originates from social media and search engines. Strategic ATM use can cut costs, boost sales, and enhance brand presence. Digital transformation is an ongoing, adaptive process, and real-time payments adoption is set to grow rapidly with FedNow and The Clearing House solutions in place.

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