Visa Rolls Out Managed Mobile ServiceFebruary 14, 2013The card giant announced it is rolling out a plug-and-play mobile service targeted to the underbanked.
Adding Salt to Wounds: Consumers Shun Banks for AlternativesSeptember 14, 2012FDIC data shows that the number of households managing their finances without a bank is growing. It sounds like bad news for banks – but maybe it’s actually an opportunity.
Banking the Unbankable Requires a Targeted EffortFebruary 28, 2012To tap the growing number of unbanked and underbanked consumers worldwide, banks need to be more aggressive in offering services and products specifically designed for the market.
3 Hot Banking Markets Beyond the ObviousFebruary 27, 2012When it comes to identifying potential geographic markets for growth and investment, banks have been focusing on the prominent BRIC nations: Brazil, Russia, India and China. While these four countries are attractive to financial services organizations se
Do Banks Deserve What’s Coming to Them?January 13, 2012Challenging market conditions, coupled with new legislative restrictions, make it essential that banks take a new approach to realizing revenue earned and to innovate for new revenue growth.
Mobile Payments Offer Opportunity to Reach the UnbankedDecember 17, 2011Two recently launched mobile payments initiatives target migrant workers and consumers in developing countries, offering banks a possible avenue to reach the underbanked market.
How Has the Banking Industry Changed in a Decade?September 09, 2011The banking industry survived, the 9/11 terrorist attacks, only to be confronted in 2008 with the challenges of the global financial crisis. Both events, along with some key technology developments, shaped the financial services industry in which we work t
KPMG Study: Reconsidering the Underserved MarketAugust 03, 2011Banks have barely tapped the $1 trillion market of the unbanked and underbanked. According to a recent KPMG study, they do so profitably with the right tools and risk management practices.
Temenos and Microsoft Make Cloud-Based Core Systems a RealityJuly 19, 2011Six microfinance institutions in Mexico are now running Temenos' T24 core banking clients on the Windows Azure platform, with more implementations to come around the world.
How Ken Rees Helps Banks Bank the UnbankedOctober 12, 2010Banks has the opportunity to acquire customers among the 60 million Americans who use alternative services such as payday loans.
