Banking has not been immune to the volatile conditions of today’s rapidly changing world. From the COVID-19 pandemic to a rise in artificial intelligence to new cybersecurity threats, banks continue to face large challenges that are ultimately changing the way they operate. We’ve seen large shifts in 2021, but we expect even bigger changes to the landscape of banking features in 2022. Here is a preview of what we expect to see from banks in 2022. 7 Banking Trends to Watch For in 2022 No one can tell the future, but we’re constantly analyzing banking trends to predict what’s next. Here’s what’s likely to come in 2022: 1. A Shift in APYs Following the pandemic, APYs (annual percentage yields) plummeted at both banks and credit unions . Each month, we monitor the best savings accounts and best checking accounts , and a large factor in our methodology is APY. Pre-pandemic, we were seeing some banks, especially online banks, offering APYs upwards of 2.00%. But when COVID-19 shut dow
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