FNBB is celebrating its 40^th anniversary this year.  From very humble beginnings in 1984 in Louisiana to the extensive footprint across the Southeastern U.S., FNBB has rode the waves of growth and change in our industry and also adapted to the changing technological landscape.  Who could have predicted in 1984 the way we are able to deposit checks with our cell phone (wait, if it’s 1984, what’s a cell phone?), initiate real-time push credits and enable instant buy now pay later micro loans.

But it got me thinking, what will the financial services technology landscape look like in another 40 years?  Can you imagine banking in 2064?  Will there be any branches?  How will we communicate with each other? Via telepathy? I would like to think that by 2064 we would have full protection against any unauthorized transactions.  I envision something akin to the body shield featured in the movie Dune, literally blocking any financial fraud.

Perhaps it is too much to even envision 40 years of technology advancements. After all, there has not been a straight line of technology advancements from 1984 to today. The pace of change has accelerated in the past 10 years, even more in the past 2 (AI anyone??).  So perhaps it is a fool’s errand to make any predictions about 2064 banking, but in the spirit of Jules Verne, let’s have a go at it.

Before I share my ideas on 2064 banking, I would love to hear from you.  What do you think banking would look like in 2064?  It might be from a pure technology perspective or perhaps how bankers deliver and/or how customers consume financial services?  It could be product or service specific or just a general idea or concept.  Put your creativity cap on and send me your ideas at dpeterson@bankers-bank.com.  I will create a future article and document all of ideas submitted but not call out anyone by name unless you want me to.

By the way, in 2064, perhaps when I thought of this article content, a draft would have been created automatically in my virtual assistant, visually called up for me to review and edit via my contact lens. Hey, it could happen!

The views expressed in this blog are for informational purposes. All information shared should be independently evaluated as to its applicability or efficacy.  FNBB does not endorse, recommend or promote any specific service or company that may be named or implied in any blog post.