Patient Cypriots Wait as Banks ReopenMarch 28, 2013Cypriots queued at banks as
they reopened on Thursday under tight controls imposed on
transactions, but there was no sign of a run on deposits that
had been feared after the government was forced to accept a
stringent EU rescue package.
European Central Bank Sets Deadline for Cyprus Bailout DealMarch 21, 2013The European Central Bank
set Cyprus a Monday deadline to agree a bailout plan,
threatening to cut off funding to the islands' cash-strapped
banks if a programme is not agreed by then with the EU and the
IMF.
Cyprus Tries to Rework Divisive Bank TaxMarch 18, 2013Cypriot ministers rushed on
Monday to revise a plan to seize money from bank deposits as
part of an EU bailout, in an effort to ensure lawmakers
supported it in a vote later in the day.
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
Segmentation Can Help Banks Find Tomorrow's High-Value Customers TodayJune 04, 2012Banks must retain their current high-value customers while also trying to attract the high-value customers of tomorrow, notes David M. Wallace, SAS. A BAI study, he says, suggests how to do so via the latest segmentation strategies.
Rethinking the Biggest Threat to BanksMarch 14, 2012A panelist at the BAI Payments Connect conference says the most disruptive and threatening force to banks is not PayPal or third-party technology vendors, but a retailer.
New Priorities for Bank CEOs: Technology Is Not One of ThemJune 27, 2011New priorities for bank CEOs: It's not that IT is losing ground, but CEOs are more focused on the challenges of making money in today's uncertain regulatory and competitive environment.
The Unappreciated Secret(s) of Banking SuccessMay 17, 2011The unappreciated secret(s) of banking success: If your bank doesn't have a Betty or hundreds of Bettys, it's time to change banks.
U.S. Consumers Are Averse to Checking Fees, Survey FindsJanuary 06, 2011As Bank of America, J.P. Morgan Chase, Wells Fargo and others experiment with checking account fees, a BAI survey finds that 85% of bank customers expect free checking.
PayPal Believes Banks Will Find Value in its P2P Payments ServiceOctober 22, 2010San Jose, Calif.-based Internet payments company PayPal is touting its person-to-person payments capabilities as a check-killing service that could help financial institutions break into the personal mobile payments space.
Consumers Would Switch Banks for Instant Mobile Payment CapabilitiesOctober 20, 2010A little more than half of consumers who are interested in the ability to make mobile payments from their cell phone would consider leaving their bank for one that gives them that capability, according to research commissioned by Redwood City, Calif.-based