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Consumer banking trends to watch in 2019, according to this software analytics firm

Michelle Zhu
Michelle Zhu • 2 min read
Consumer banking trends to watch in 2019, according to this software analytics firm
SINGAPORE (Dec 26): 2019 is set to be a year of significant progress for banks around the world, according to analytics software company FICO, formerly known as the Fair Isaac Corporation.
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SINGAPORE (Dec 26): 2019 is set to be a year of significant progress for banks around the world, according to analytics software company FICO, formerly known as the Fair Isaac Corporation.

In a note on Wednesday, FICO’s vice president and general manager for risk, Tim VanTassel, highlights three areas of concern within the consumer banking sector for bank executives to address as the New Year approaches.

Deposit pricing strategy is one currently-neglected tactic which he believes will become prevalent among the world’s top banks, in response to competitive pressures.

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