{"id":6432,"date":"2023-03-20T09:00:09","date_gmt":"2023-03-20T09:00:09","guid":{"rendered":"https:\/\/www.forwardai.com\/knowledge-center\/?p=6432"},"modified":"2023-06-15T01:56:47","modified_gmt":"2023-06-15T01:56:47","slug":"16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years","status":"publish","type":"post","link":"https:\/\/www.forwardai.com\/knowledge-center\/press\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\/","title":{"rendered":"<a href=\"https:\/\/www.forbes.com\/sites\/forbesfinancecouncil\/2023\/03\/30\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\/?sh=59cb65301909\">16 Ways Banks Will Change Or Upgrade Services In The Next Five Years<\/a>"},"content":{"rendered":"<p>As developments in financial technology continue to disrupt the traditional banking industry, banks must adapt to meet the changing needs and preferences of their customers. Online financial services companies have brought greater competition and innovation to the industry, raising the bar for what customers expect from their banking experience.<\/p>\n<p>To stay relevant, banks will need to upgrade their services over the next five years, embracing new technologies and offering a more personalized, seamless experience. Our CEO<a href=\"https:\/\/www.linkedin.com\/in\/nickchandi\/\"> Nick Chani<\/a> and 15 other <a href=\"http:\/\/councils.forbes.com\/forbesfinancecouncil\" target=\"_self\" class=\"color-link\" title=\"http:\/\/councils.forbes.com\/forbesfinancecouncil\" data-ga-track=\"InternalLink:http:\/\/councils.forbes.com\/forbesfinancecouncil\" aria-label=\"Forbes Finance Council\" rel=\"noopener\">Forbes Finance Council<\/a><span>\u00a0<\/span>members explain some of the changes financial institutions will need to make to remain competitive in the evolving fintech landscape.<span>\u00a0<\/span><a href=\"https:\/\/www.forbes.com\/sites\/forbesfinancecouncil\/2023\/03\/30\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\/?sh=59cb65301909\" target=\"_blank\" rel=\"noopener noreferrer\">Read More on Forbes.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As developments in financial technology continue to disrupt the traditional banking industry, banks must adapt to meet the changing needs and preferences of their customers. Online financial services companies have brought greater competition and innovation to the industry, raising the bar for what customers expect from their banking experience. To [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-6432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>16 Ways Banks Will Change Or Upgrade Services In The Next Five Years - ForwardAI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forwardai.com\/knowledge-center\/press\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"16 Ways Banks Will Change Or Upgrade Services In The Next Five Years - ForwardAI\" \/>\n<meta property=\"og:description\" content=\"As developments in financial technology continue to disrupt the traditional banking industry, banks must adapt to meet the changing needs and preferences of their customers. Online financial services companies have brought greater competition and innovation to the industry, raising the bar for what customers expect from their banking experience. To [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.forwardai.com\/knowledge-center\/press\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\/\" \/>\n<meta property=\"og:site_name\" content=\"ForwardAI\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-20T09:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-15T01:56:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2023\/04\/Press-16-Ways-Banks-Will-Change-Or-Upgrade-Services-In-The-Next-Five-Years-Title-Card_ForwardAI-fintech-times-moving-fintech-forward-with-forwardai-nick-chandi.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2501\" \/>\n\t<meta property=\"og:image:height\" content=\"1355\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"ForwardAI\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ForwardAI\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/press\\\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/press\\\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\\\/\"},\"author\":{\"name\":\"ForwardAI\",\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/#\\\/schema\\\/person\\\/9970d595580fb56aed244d3a949455d1\"},\"headline\":\"16 Ways Banks Will Change Or Upgrade Services In The Next Five Years\",\"datePublished\":\"2023-03-20T09:00:09+00:00\",\"dateModified\":\"2023-06-15T01:56:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/press\\\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\\\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/press\\\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Press-16-Ways-Banks-Will-Change-Or-Upgrade-Services-In-The-Next-Five-Years-Title-Card_ForwardAI-fintech-times-moving-fintech-forward-with-forwardai-nick-chandi.png\",\"articleSection\":[\"Press\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/press\\\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\\\/\",\"url\":\"https:\\\/\\\/www.forwardai.com\\\/knowledge-center\\\/press\\\/16-ways-banks-will-change-or-upgrade-services-in-the-next-five-years\\\/\",\"name\":\"16 Ways Banks Will Change Or Upgrade Services In The Next Five Years - 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