The top tech priorities for banks in 2018

In the blink of an eye, consumers have evolved from being wary of mobile banking to casually quizzing robots in their home about their spending habits. Innovation in banking will continue at its rapid pace in 2018 as more of every bank's budget is earmarked toward technological development, said Mitch Siegel, financial services strategy leader for KPMG. "As we moved through 2017, we saw a marked pivot from investments in compliance infrastructure to investments aimed at growth, scalability, simplicity and future-looking business models," he said. American Banker spoke with several banks, industry analysts and technology companies to learn what technology efforts will take priority in the new year. Here are five areas of focus.