Weekly Coffee Break: Roundup of Industry News

This is a roundup of industry news and links for the week of November 5th that have informed, entertained, and inspired us.

Here’s our weekly roundup of industry news:

We’d like to recognize our associate Charles Western as our October “BRAVO” winner! He’s been extremely helpful with creating graphics and invites for many other associates at Shaw. Bravo Charles!

AI Adoption Set to Boom as Financial Brands Get Personal – Financial services brands in Europe are turning to AI as they battle to make sense of their data and deliver more relevant, personalized customer experiences, while staying on the right side of GDPR.

Adobe research shows organisations in the financial services and insurance (FSI) sector are currently struggling to make sense of their data and that is holding them back from being able to create personalized advertising, marketing and customer experiences.

Bank Branches and ATMs Set To Become Extinct By 2041, New Research Reveals – Expert Market, a B2B comparison site for card payment systems, has released new research revealing just how soon non-digital financial services such as ATM machines and bank branches will completely disappear from society. (Original data source: https://www.expertmarket.co.uk/merchant-accounts/credit-card-machines-for-small-businesses#ATMs-declining)

More of us than ever before are choosing to pay by card rather than cash, resulting in a huge decline in the number of ATMs and bank branches available to consumers.

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