Topics: Account Opening Online Account Opening Goes Mobile, Research Suggests January 21, 2014New data from Andera shows more consumers are completing new account applications on their mobile devices. 5 Ways Mobile Banking Is Evolving: Finovate September 13, 2013Several new technologies demoed at Finovate this week showcased new ways that mobile is solving pain points for banks and their customers. Javelin Report: Improving Mobile Account Opening A Must July 25, 2013A new study suggests that banks need to conform their account opening process to the mobile device to attract mobile-centric customers. Andera, Intuit Partner on Account Opening Technology June 24, 2013Andera's oFlows solution has been selected as the new account opening technology by Intuit Financial Services.
Online Account Opening: Switching to a Smooth Road June 14, 2013A step-by-step guide to streamlining the online account opening process. U.K. Payments Council Announces New Account Switching Service June 11, 2013The service is designed to make it simpler for consumers to switch bank accounts.
Leveraging Alternative Data to Increase New Account Openings, Reduce Charge-Off Risk June 10, 2013Banks looking to grow their deposits can look to alternative data that is not included in traditional credit reports to find new customers and protect themselves form fraudsters. The “Age of the Customer” Demands Effective Onboarding May 02, 2013Giving customers a truly convenient onboarding process means moving towards automated processes, electronic documents and enabling the customer to sign up with their mobile device. Who is Your Borrower in a Virtual World? March 08, 2013Regulations are murky in defining how banks should verify customer identity when a new customer opens an account or credit line through digital channels, but best practices are emerging to help banks with customer identity verification in those instances. BBVA Compass Goes National With NBA Banking Product February 15, 2013Following the bank’s core system transformation it has rolled out its first nationwide product NBA Banking, offering checking and savings accounts with an all-digital experience. It's Time to Embrace Core Systems Transformation November 29, 2012Although U.S. banks are among the leading consumers of IT, many have resisted core transformation. Now, however, the risk of delaying modernization outweighs the long-standing risks of proceeding. mFoundry Launches New Mobile Banking Platform October 09, 2012The San Francisco-based mobile provider announced the release of Fin.X at BAI Retail Delivery.
Citi, Wells Fargo, Among Top Banks in Digital Sales September 06, 2012A new report from Forrester Research finds that digital sales at banks is growing.
Convenience is Key for Bank Consumers: Report August 23, 2012A survey conducted by Angus Reid Public Opinion in conjunction with TD Bank also found online banking is the most frequently performed banking activity. PayPal, Bancorp Bank Partner on P2P Payments May 04, 2012The agreement is the first of several between the San Francisco-based payments company and Bancorp Rolling Out the Welcome Mat for Online Banking Customers December 05, 2011Banks can drive up their online account opening completion rates by being dilligent in collecting consumer data and actively following up with customers who don't see the process through to the end. Retail Bank Customers Show More Interest in Shopping Around for New Banks March 03, 2011J.D. Power and Associates "2011 U.S. Retail Bank New Account Study" finds that shopping and switching rates are increasing; main drivers are advertising, changes in life circumstances, and branch convenience The Technology Behind Metro Bank's 15-Minute Account Openings February 22, 2011Straight-through processing, a decision engine, strategic outsourcing all help create an efficient branch account opening process. Harland Financial Solutions Acquires uMonitor December 07, 2010Core systems provider Harland Financial Solutions aims to expand its presence in self-service and e-payments with acquisition of uMonitor. Bank Uses Digital Pens to Open Accounts in Rural Ghana June 23, 2010Technology allows banking in areas where there are no bank branches, roads, phones or electricity.