2,000 Banks Now Signed Up for Mobile Check Deposit April 02, 2014More than $150 billion have been deposited via mobile devices, according to Mitek. The Push for Innovative Business Payment Strategies March 25, 2014Commercial clients are clamoring for better, faster ways to make and receive payments. Could Banks Hold Back Faster Payments in the U.S.? February 12, 2014The Fed is pushing to implement a faster payments system in the U.S., but will banks getting banks to buy into it will likely be a big challenge. How Accuity Is Helping Increase STP Rates for International Payments January 22, 2014A new integrated platform will allow banks to quickly find routing and referential data to reduce risk and improve customer experience in international payments. Banking on the Death of Cash December 13, 2013Virtual currencies and new types of digital payments could reduce consumers’ reliance on cash. Mobile Point of Sale: Moving Beyond Micro-Merchants November 18, 2013A European startup is introducing a new pricing model for mobile point of sale solutions aimed at attracting larger merchants. Gartner: Majority of Banks Will Turn to Cloud for Processing Transactions By 2016 October 16, 2013Gartner released its IT predictions for vertical industries yesterday, which included forecasts on the growth of cloud in banking and changes in consumer behavior. Low Value Transactions: A Mobile Payments Dilemma October 15, 2013Lowering processing costs cloud open up an opportunity for mobile payments to gain traction in low value payments. TD Bank Rolls Out Mobile Check Deposit September 19, 2013The bank announced this week it is introducing the popular mobile banking capability for users of its iPhone and Android app. New Oracle FLEXCUBE Upgrade Helps with FATCA Compliance August 13, 2013Oracle’s newest release of its FLEXCUBE core banking product includes tools to help with regulatory requirements and launch new delivery channels. Transforming Compliance into a Competitive Advantage June 17, 2013Wells Fargo worked extensively with ACI Wordlwide on simplifying and consolidating processes to comply with Dodd-Frank 1073, but the investment created new efficiencies that they believe offer an edge over the competition. Automating B2B Payments: The Next Frontier May 28, 2013Business-to-business payments have lagged far behind in switching from paper to electronic payments methods, but banks and their commercial clients could benefit from emerging automated B2B payments solutions. 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. The Evolving Branch Environment May 20, 2013While many banks are rethinking their long term strategy for expensive branch networks, there are steps banks can take now to reduce costs and inefficiencies in the branch while providing a better customer experience.
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. Real-Time Payments Offers Opportunity to Build Customer Loyalty, Study Finds May 06, 2013Consumers are not only interested in real-time payments, but they’d prefer their primary financial institution to be their real-time payments provider, a recent FIS study suggests. New ACI Platform Aims to Help In Adapting to Change in Payments April 23, 2013ACI Worldwide’s new payments platform targets the difficulty banks are having in updating aging legacy systems to deal with new changes in the payments market. Strategic Allocation of Technology Funds is Critical to Ensuring Maximum ROI March 06, 2013Bank IT spending is expected to grow modestly this year so banks will have to be thoughtful about investing in technologies that provide a better customer experience and reduce costs and inefficiencies. Check Scanners That Detect Fake I.D.'s Help One Bank Fight Fraud January 30, 2013Check scanners from CTS North America have been enabled with technology that detects fake I.D.'s that have helped one community bank secure branch transactions and can authenticate remote check deposits. Fiserv and TOPS Software Make Payment Processing Easier for Property Managers December 20, 2012The two companies have partnered to help automate payments exceptions during payments processing for property managers.