Slide 2 of 7
In a comprehensive study of nearly 300 FIs conducted by the American Bankers Association and Capital Performance Group, debit topped investment priorities for retail banks for 2017, with 77% of FIs considering debit to be a high or very high priority. This beat out many buzzworthy areas of payments innovation including mobile payments (68%), mobile P-to-P (55%), remote deposit capture (56%) and real-time payments (45%).

However, there is a diminished focus on debit with commercial institutions, with only 62% of FIs stating debit cards are a high or very high priority for investment. For commercial institutions, the top priority is ACH (84%), followed by remote deposit capture (67%), reflecting the desire to increase the velocity of B-to-B disbursement and to move away from paper checks.