At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After 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.
Improving the Customer Experience Across Every Touch PointApril 02, 2013How banks can improve their customer communications by improving data collection and management, and developing a consistent multichannel strategy for customer interactions.
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.
A How-To Guide To Improving Customer ExperienceFebruary 21, 2013Banks are focused more than ever on improving their customer experience. Here we offer a step-by-step guide to assessing and improving your bank’s customer experience.
BBVA Compass Goes National With NBA Banking ProductFebruary 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.
Gamification: Are Banks Ready To Play?February 05, 2013While foreign banks are beginning to launch gaming initiatives in their digital channels, U.S. banks have been hesitant to follow suit. But any bank that's serious about customer experience will have to take a hard look at the growing trend.
U.S. Bank to Offer Mitek's Mobile Photo Bill PayDecember 05, 2012U.S. Bank announced today that it will begin offering Mitek's Mobile Photo Bill Pay solution that allows customers to pay bills by taking a photo with their mobile device early next year.
Reaching the Multi-Channel ConsumerSeptember 13, 2012Financial institutions must evaluate how to create meaningful connections with consumers across multiple platforms in new ways.
How Mobile Is Changing Community BanksAugust 31, 2012Community banks will have to learn how to deliver their personal touch and local advice through digital channels, experts say.