Fees On Real-Time Foreign Account Transfers Could Generate $1.1 Billion for Banks, Study Finds May 14, 2013New research from FIS shows that a number of consumers, particularly those that use foreign account transfers, would be willing to pay a fee to get their payments processed in real-time by their primary bank. Inside National Australian Bank’s Core Transformation April 26, 2013BS&T caught up with the Adam Bennet, executive general manager, enterprise transformation at National Australia Bank about its conversion to Oracle’s core platform to learn about the next steps of the conversion and the capabilities already being enabled by the new platform. Transforming Banking Core Systems: Lessons from Busey Bank April 01, 2013Busey Bank moved its core systems into the cloud, creating efficiencies and preparing for growth. Here's what banks can learn from Busey's conversion. U.S. Bank to Process Electronic Invoices for Order Express' International Money Transfers August 29, 2012U.S. Bank and Order Express have agreed on a new deal for the bank to process electronic invoices for the international payments provider. Domestic Transfers Reached $195 Billion Over Past Year August 09, 2012A new Javelin Strategy & Research Report examines the account-to-account and person-to-person transfer market.
Credit Unions Outpacing Banks in Deposits July 31, 2012According to a new report from SNL Financial, credit unions enjoyed a rapid increase in deposits long before populist rhetoric over bank fees took hold. Western Union Bolsters P2P Payments Operations July 19, 2012With its peer-to-peer electronic transfers business expanding online, Western Union is now partnering with banks around the world to send account based money transfers. The Pursuit of New Revenue Generators: How Banks Can Monetize New Digital Technologies June 27, 2012Given new regulatory statutes and changing consumer habits, banks' revenue generators of 10 years from now almost certainly will not be the same as today's. While mobile and other emerging technologies offer exciting new opportunities for banks, however, t Dissatisfaction Still Looms 6 Months After Bank Transfer Day June 21, 2012A new report from Javelin Strategy & Research finds that big banks are still vulnerable to losing customers. Wells Fargo Launches P2P Money Transfer Service May 24, 2012 Supporting Bank Growth and Extending Access in Eastern Europe With Core Transformation April 09, 2012Currently in the process of migrating to an Oracle Flexcube Universal Banking System, Romania-based Banca Transilvania is one institution that has hopped on the recent wave of core systems transformations at banks in Eastern Europe. Estimated 600,000 Consumers Switched Due to Bank Transfer Day January 29, 2012Javelin research finds that consumers were also driven by outrage over new fees. 8 Bank Technology Trends That Will Shape the Industry in 2012 January 03, 2012With IT budgets finally rebounding, BS&T identifies the eight trends that will shape tech spending in 2012 and determine banks' competitive positions for years to come. Careful What You Wish For: Community Banks, Credit Unions Challenged by Influx of New Customers December 14, 2011With an influx of new customers who are dissatisfied with big banks, smaller community banks and credit unions face new operational challenges. Mo' Money, Mo' Problems for Credit Unions? November 11, 2011With an influx of new customers due to consumer angst with big banks also comes a new set of concerns. Bank Transfer Day is Here November 05, 2011While the much-publicized event has garnered a lot of press, will it lead to a mass exodus from big banks to credit unions? Hard Hat Required: Bank Systems’ Reconstruction Site May 12, 2011Banks not planning some sort of core systems demolition soon will be left in the dust. BankLiberty Turns to Hosted File Transfer Solution January 11, 2011BankLiberty turns to a hosted solution in order to provide 24-7 file transfers and take a load off of its IT staff. The 3 Pillars of IT Infrastructure Transformation September 07, 2010Listening, relationships and urgency are the pillars of an effective CIO's IT management strategy, advises State Street's Madge Meyer. Washington Trust Partners with uMonitor to Expand Online Services December 14, 2009Washington Trust partners with uMonitor to expand online services; will deploy vendor's UTransfer online money transfer service.