Forrester: PayPal Most Trusted Provider for a Digital Wallet December 04, 2013A new survey found that more consumers would trust PayPal than their bank or card issuer to be their digital wallet provider. 4 Ways to Mitigate Risk in Banking November 15, 2013Some tips banks can use to improve their stress testing, credit analysis and other risk-related processes. How To Improve Credit Risk Modeling For Better Credit Quality October 18, 2013Banks have to evolve their credit risk modeling, and including cash flow in their credit risk analysis for commercial loans is one place to start.
IPad Account Origination App Helps Fairwinds Credit Union Engage New Customers October 17, 2013Growing out of a partnership with University of Central Florida, the credit union has opened more than 1,500 student accounts with the new app. Where Are They Now? BS&T's 2012 Elite 8, One Year Later October 14, 2013Core systems modernization, customer experience-related initiatives and supporting regulatory compliance are among the top priorities keeping BS&T's 2012 Elite 8 honorees busy since they were recognized a year ago. Here are updates on the challenges and projects that some of the executives have been tackling in the past year. EMV: A Game Changer for the USA September 20, 2013The standard brings personal security benefits to cardholders, but EMV can also be a game changer for payment service providers.
How The Cards Business Is Transforming September 06, 2013Mobile capabilities, nontraditional competition and new regulations are among the trends reshaping the cards business. What does it mean for the major players -- and for banks? Credit Unions and Community Banks Go Mano-a-Mano with Big Banks Using Cloud-based Technology July 23, 2013Cloud-based lending solutions can deliver improved transparency and customer experience in the lending process to help small institutions grow their lending business. 4 Predictions About The Future of the Contact Center July 12, 2013With banks’ channel strategies becoming increasingly customer-centric, how is this shaping their call and contact centers? Four experts offer their predictions. Mobile Imaging And Pain Points: An Exclusive Q&A with Mitek’s CEO Jim DeBello July 11, 2013Mitek’s CEO Jim DeBello talks with BS&T about the progress and potential for further growth of mobile photo bill pay as well as some other things the mobile imaging company is working on. Five Factors to Consider When Evaluating Marketing and Analytics Platforms June 21, 2013Banks looking to offer retail coupons to their customers based on data and analytics have to consider several key factors such as scale, engagement and data privacy to fine tune their approach for best results. Credit Unions See Strong Membership Growth June 20, 2013Data from research firm SNL Financial finds that credit unions gained nearly 700,000 new members in Q1 2013.
EMV Migration May Lead Customers to Switch from Cards to Mobile Payments, Study Finds June 19, 2013In a new survey by ACI Worldwide nearly half of the respondents said that consumers will swap their plastic cards for mobile payments because of the migration to EMV. New Study: Alternative Credit Decisioning Tools Could Have Generated $1.7 Billion for Issuers In 2012 June 11, 2013A new study by LexisNexis and Javelin found that alternative credit decisioning tools could open up new segments, like the underbanked, for lenders. 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. 4 Key Trends in Financial Security June 07, 2013Unisys released its annual Security Index, which measures how concerned Americans are about different aspects of security. Credit Unions Lead in Online Satisfaction May 30, 2013Customer experience data outfit ForeSee measured consumer attitude toward the financial services industry's online and mobile offerings.
How Technology Turns Stress Testing from a Compliance Challenge to a Competitive Advantage May 29, 2013As regulators demand more detailed stress testing from banks, modernizing loan valuation systems breaking down organizational silos can aid in compliance and risk management. The PayPal vs. Square Battle: Who’s Your Money On? May 22, 2013After 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. Mobile Point of Sale Solutions Could Increase Consumer Card Payments By More $1 Trillion A Year, Study Says April 30, 2013A new report by Javelin says there are nearly 20 million merchants who could start accepting card payments as a result of wider adoption of mobile POS solutions.