News Archive from November 19, 2013
Mercator Examines Risks and Trends in Prepaid Fraud November 19, 2013A new report from the analyst firm analyzes recent prepaid fraud cases and offers best practices for dealing with them. Mobile Point of Sale: Moving Beyond Micro-Merchants November 18, 2013A European startup is introducing a new pricing model for mobile point of sale solutions aimed at attracting larger merchants. Survey: Companies Are Planning To Replace BYOD Security Solutions November 18, 2013The majority of respondents have indicated that their companies support BYOD but are concerned about privacy, according to a survey by Zix Corporation and Ponemon Institute. New Bank Customers are Hard to Find: Report November 18, 2013Mobile is also found to have a loyalty "halo effect," as mobile users report much higher loyalty toward their primary financial institution than non-users. Rise in Mobile Led to Branch Staff Cuts: Barclays November 15, 2013The British bank said the increasing migration of customers to digital channels was a big reason in reducing staff levels in branches.
Survey: Majority Of Customers Feel Undervalued By Banks November 14, 2013A survey by GMC Software Technology shows that customers want multichannel banking that is customizable to their needs and preferences. Banks Don't Have Much Time To Embrace Digital Model November 13, 2013To compete with the new breed of financial services competitors, banks will have to adopt a digitally driven business model, specialize and simplify their operations, according the findings of new consumer research from Accenture. Barclays Announces Loss of Senior Compliance and IT Executives November 13, 2013Barclays’ head of compliance and chief operations and technology officer have both resigned. Latest PCI Standards To Cut Cardholder Footprint November 11, 2013PCI Council published its latest data security standards last week, with a focus on improving merchant awareness of security issues as they adopt new technologies. Branch Networks on a Downward Slope November 11, 2013New research from SNL Financial indicates the nation's branch total has been reduced by 390 during the third quarter of 2013.
Rockland Trust Boosts Collaboration While Reducing File Transfer Risks November 08, 2013When Rockland Trust re-architected its existing Biscom secure file transfer solution to answer new demands, the bank gained collaborative work spaces, as well. Customer Experience Lessons From Walmart November 08, 2013Former Walmart CEO Lee Scott discussed the changing consumer landscape, and the big box store's foray into financial services, at BAI Retail Delivery 2013. SAS Upgrades Risk And Compliance Solution November 07, 2013The service is designed to help banks better deal with changing regulatory standards.
Banks Should Act Like Startups When it Comes to Innovation November 07, 2013A session at BAI Retail Delivery 2013 emphasized creating new ideas and having deep customer empathy.
Mobile Banking Best Practices Highlighted at BAI November 06, 2013Some common themes emerged at a BAI discussion around the direction that many leading banks have taken in developing their mobile offerings. Bank of the West's New Approach to Mobile and Innovation November 06, 2013Bank of the West's organization had to rethink how it approached innovation to release a new differentiated mobile app. Core Systems Modernization: Risk and Reward November 05, 2013At BAI Retail Delivery 2013, Zions Bancorp CIO Joe Reilly discussed why the bank holding company decided to replace legacy systems.
Old National Bank Makes IT Processes For Digital Banking More Efficient November 04, 2013The bank is pursuing efficiency by using fewer vendors for digital banking products.
Banking in the Cloud: Four Hot Initiatives November 04, 2013Banks are overcoming their concerns about security and
control to take advantage of the business benefits of running core applications in the cloud. Ally Launches Mobile Payments Upgrades November 01, 2013The bank has integrated Popmoney into its mobile app, and also introduced a mobile electronic transfer function.
What Are the Real Economics of the Cloud? October 31, 2013Considering only the unit costs associated with the cloud doesn’t provide a true picture of the economics. U.S. Bank Accepting Military Support Donations October 31, 2013U.S. Bank customers can makes donations to Operation Homefront via ATMs in 25 states.
Banks Need To Target Small Businesses For Online Payment October 30, 2013In the next one to three years, banks plan to support online payment processes for small and medium sized businesses. BofA Merrill Lynch Launches Cash Recycling Solution October 30, 2013The solution is geared towards retailers and other cash-intensive businesses. Customers Bank Launches Mobile Photo Bill Pay October 29, 2013The offering is part of the bank's enhancements to its mobile suite.
See more news