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Check Processing
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While many banks are rethinking their long-term strategy for expensive branch networks, there are steps banks can take now to reduce costs and inefficiencies in the branch while providing a better customer experience.Be the first to comment
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A new Javelin report forecasts payments trends at the point of sale over the next few years, with growth expected in mobile payments and further decline in cash and checks.
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Bank IT spending is expected to grow modestly this year so banks will have to be thoughtful about investing in technologies that provide a better customer experience and reduce costs and inefficiencies.
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Elliott Jaffee will focus on growth in the $10 million to $500 million-client segment.
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Check scanners from CTS North America have been enabled with technology that detects fake I.D.'s that have helped one community bank secure branch transactions and can authenticate remote check deposits.
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While some banks are still catching up to offer mobile remote deposit capture for retail customers, some banks are already looking to offer it to commercial clients in early 2013.
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In a new poll by Harris Interactive the majority of consumers said they believe smartphones will become the preferred payment method for most transactions in the future.
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Visa prepaid cardholders will be able to deposit their checks with their mobile devices on to their prepaid cards, gaining immediate access to their funds.
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Image Cash Letter deposits can help banks quickly process large numbers of remote check deposits and move customers to electronic deposits.
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Hudson City to merge with M&T Bank; $3.7 billion deal creates combined network of 870 branches stretching from Connecticut to Virginia.
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Historically a centerpiece of basic bank services, safe and secure payment processing is a critical element of the banking industry’s future.
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American Express rolls out PAYVE, a new digital payments platform designed to help companies make their payments strategy more efficient and less costly.
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The new Central Source Capture program automates every step of a bank's check capturing and processing system.
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The MasterCard and Visa breach is only the latest in a string of hacks and data thefts that have cost financial institutions millions of dollars. Here are the nine biggest recent breaches.
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A survey conducted by the Association of financial Professionals also found that larger corporations were the more frequent target of attacks.
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KeyBank names new commercial payments head; former RBS global transaction services executive Alfred Carpetto will oversee Key’s treasury management, international foreign exchange and institutional asset services businesses.
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Rockland Trust Co. streamlines operations, gains mobile deposit capture capabilities and improves customer service by adopting a suite of item processing and related solutions from FIS.
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The pros and cons of branch capture and teller capture paperless check processing options.
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The bank tech market has never been stronger than it is now.
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BB&T leverages CONIX Systems' Dupe Detective to catch check image duplicates before they are processed, saving the bank time and money.
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Bankers should consider outsourcing records management as they consider different expense-reduction strategies.
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BBVA selects Accenture's Alnova Financial Solution to support U.S. tech transformation; new core banking platform will allow BBVA Compass to achieve real-time processing capabilities.
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The U.S. Treasury estimates big savings after converting federal benefits payments to direct deposit.
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The original ABA Key to Routing Numbers directory finds its place among financial services artifacts.
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The Salt Lake City-based bank holding company adds new check re-presentment and reporting capabilities.
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