Health Savings Accounts HSAs offer banks an opportunity to attract new deposits and deepen business banking relationships. But the extent to which they must service account holders, plus banks' ability to navigate regulatory requirements, may determine if they can seize that opportunity.
According to Bob Grant, SVP, global transaction banking, Scotiabank, even if a bank offers an integrated, global cash management platform, it still needs an extensive branch network to meet corporate clients' full range of needs.
Banks are increasingly adopting remote deposit capture solutions (RDC), but can they drive growth? First Tennessee Bank's Taylor Vaughan, Dove Consulting's Ed Bacheilder, Celent's Bob Meara, and NetDeposit's Danne Buchanan offer their perspective.
As an increasing number of institutions pursue mobile banking initiatives, questions remain over which delivery model is best, whether consumers really want the service and how banks can realize a return on their investments.