At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
Fraudsters have developed a variety of methods for initiating fraudulent wire transfers, but a security approach based on data and analytics from customer behavior can be an effective countermeasure to these wire fraud schemes.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
U.S. Stock Markets Consider Opening on WednesdayOctober 30, 2012U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, sources said, and the New York Stock Exchange is testing a
new plan to help resume trading.
Hurricane Sandy Disrupts Northeast U.S. Telecom NetworksOctober 30, 2012Power outages and flooding
caused by Hurricane Sandy disrupted telecommunications services
on Tuesday and coverage was spotty for everything from
cellphones and home telephones to Internet services in
Northeastern states.
Banks Prepare For Sandy OnslaughtOctober 29, 2012Most branches in the Northeast and Mid-Atlantic U.S. are closed; disaster recovery plans in progress.
Sandy Shuts Down Wall StreetOctober 29, 2012Hurricane Sandy, the monster
storm bearing down on the U.S. East Coast, strengthened on
Monday after hundreds of thousands moved to higher ground,
public transport shut down and the U.S. stock market suffered
its first weather-related closure in 27 years.<
Sheila Bair's 4 Types of Dysfunctional RegulatorsOctober 26, 2012Sheila Bair, former FDIC chair and current industry critic, thinks that regulators are partly to blame not only for the financial crisis and the banking industry's continuing lousy reputation, but she also has plenty of criticism for bankers and politician
ABN AMRO Upgrades Data Analytics CapabilitiesOctober 24, 2012The bank has partnered with Teradata Technologies to enhance its data warehouse to meet regulatory requirements and improve customer analytics.
Chexar and Visa Deliver Mobile RDC to Prepaid CardholdersOctober 23, 2012Visa prepaid cardholders will be able to deposit their checks with their mobile devices on to their prepaid cards, gaining immediate access to their funds.
U.S. Bank Unveils Windows Phone Mobile Banking AppOctober 22, 2012The Minneapolis-based bank said it has developed two apps for the phone -- one through U.S. Bank's Wealth Management division and the other
through U.S. Bank Retail Payment Solutions.
MasterCard Pushes Contactless Payments in the Middle EastOctober 19, 2012MasterCard announced that it will soon install more than 1,000 terminals at merchants in the United Arab Emirates for its PayPass contactless cards initiative.
What Banks Need to Know About the CloudOctober 18, 2012The industry group Cloud Security Alliance offers resources for financial institutions looking to utilize cloud services.
Isis Set to Debut in OctoberOctober 18, 2012The mobile wallet, a joint venture between T-Mobile USA, Veirzon Wireless and AT&T, will use NFC technology.
