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.
Javelin Forecasts Big Growth in Mobile Payments By 2018April 03, 2013Javelin released a report today forecasting payments trends at the point of sale over the next few years, with growth expected in mobile payments and further decline in cash and checks.
What Banks Need To Know About Vendor M&AsFebruary 22, 2013Consolidation among players in the bank technology vendor space is heating up again. What factors are driving this trend, and how will it affect their bank customers?
Identity Fraud at a Three-Year HighFebruary 20, 2013A report from Javelin Strategy & Research finds that more than $21 billion was stolen due to identity fraud in 2012.
New Basel III Provisions Would Have Caused Inflation: ReportFebruary 15, 2013A report from research firm SNL Financial argues that if Basel III had been in effect over the last year, banks would have experienced sizable inflation in their regulatory capital by including unrealized gains and losses.
What's Next For Mobile Banking?February 08, 2013Mobile isn't just a delivery channel anymore, and banks must determine how to best position themselves to leverage the benefits of this channel.
Google Expected to Win Mobile Wallet Wars, Study FindsJanuary 30, 2013A new survey released yesterday by ACI Worldwide found that the majority of retail professionals involved said Google would beat out PayPal and Isis in the mobile wallet wars.
Non-Banks Take Early Lead in Mobile Wallet RaceJanuary 28, 2013A report from Carlisle & Gallagher finds that nontraditional financial institutions are the current mobile wallet frontrunners, though the battle is far from over.
Bank Websites Must Meet Digital Customers' Needs, Says ForresterJanuary 23, 2013The secure websites of the largest retail banks in the U.S. are not evolving to meet the current needs and expectations of consumers in a digital environment, said the research firm.
Security is Final Hurdle to Mass Mobile Payments AdoptionJanuary 14, 2013A paper by the Federal Reserve Bank of Boston finds that the ultimate broad adoption of mobile payments will be largely correlated with the security of each mobile platform; and that consumer education and stakeholder collaboration will be equally crucial