Charles M. Vincent has seen the future of banking in an unlikely place: the Jacksonville, Fla., rail operations center of CSX Corp.

"From one large semicircular room they are able to control everything in their system with all the information they need to do it, including weather forecasts. It was the most incredible thing I've every seen in any industrial company," the equity analyst at PNC Bank Corp.'s investment management unit in Philadelphia.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.