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. Simplicity Bank Streamlines Mobile Device Control May 10, 2013Simplicity Bank gains automated controls and improves mobile device security without adding headcount by adopting AirWatch Mobile Device Management. More Bang for the FATCA Buck May 10, 2013In the final article in a three-part series on FATCA compliance, we explain why banks need to look for solutions that help them collect and analyze customer identification information to help with compliance in multiple areas beyond FATCA. How Banks Win the Battle for Prepaid Customers May 08, 2013Banks can leverage current assets to grow their share of the younger and underbanked customer segments through prepaid products, as long as they keep in mind what these customers are looking for. Chase Brings Mobile Receipt Capture to Small Business Card Holders May 07, 2013Chase’s Ink card holders will now be able to photograph and store receipts with Chase’s Jot app for small business customers. Are Spreadsheets Lurking in Your Infrastructure? May 06, 2013Bank management teams should focus on correcting vulnerabilities within their own operations.
MasterCard Uses Social Media to Rebrand Its Mobile Wallet Through Real-Time Monitoring May 03, 2013MasterCard’s Conversation Suite tool allows it to monitor social media conversations in real-time in 43 different markets and 26 different languages. The “Age of the Customer” Demands Effective Onboarding May 02, 2013Giving customers a truly convenient onboarding process means moving towards automated processes, electronic documents and enabling the customer to sign up with their mobile device. How to Attract Generation Y Customers April 25, 2013Generation Y will be the highest-earning generation in 10 years and banks need to develop strategies for mobile and social to appeal to these digital natives. Big Data: Uncovering Newer Dimensions in Fraud Preemption April 10, 2013Big data is opening up new opportunities for financial institutions to combat external and internal fraud by beginning to monitor user behavior in addition to tracking account activity. USAA, Credit Unions Rule the Customer Experience Roost April 05, 2013Overall, the banking industry has improved in customer experience, according to the annual Temkin Experience Ratings. Improving the Customer Experience Across Every Touch Point April 02, 2013How banks can improve their customer communications by improving data collection and management, and developing a consistent multichannel strategy for customer interactions. Can Your Bank Make the FATCA Deadline without Jeopardizing Your Business? March 29, 2013Over the next month Bank Systems & Technology will run a series of articles from experts at Capgemini concerning the upcoming FATCA regulations. This article, the first in the series, explores five strategies to meet the FATCA deadlines without h FDIC Insurance Added to Bluebird Debit Program from American Express and Walmart March 26, 2013American Express and Walmart are adding new checking capabilities to their Bluebird debit joint program designed for unbanked consumers, which also now offers FDIC insurance for account holders. Proactively Adopting AML Best Practices Saves Money and Averts Government Headaches March 15, 2013Most financial institutions have the same issue -- the AML department has more work than it does resources. How does a bank solve this?
State-Free Bank Safety Net Still Work in Progress: Regulators March 13, 2013Reforms to the world's financial system still fall short of ensuring that big and systemically important banks will not need to be bailed out by governments if they fail, regulators say. 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. As Mobile Reshapes Payments Business, Fiserv Combines P2P Payments & Mobile Banking Offerings March 07, 2013Fiserv's integration of Popmoney and Mobiliti is intended to enhance the functionality of mobile banking while expanding reach of Popmoney payments network. Number of Undercapitalized Banks At Lowest Level Since 2009, Report Says March 05, 2013A report released today by SNL Financial shows that the number of undercapitalized banks has declined significantly in recent years, but much of that decline has been caused by bank failures. 7 Big Data Players To Watch March 05, 2013New York City, IBM, State Street and four other organizations are developing innovative ways to leverage the ever-increasing volumes of data they're amassing.