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. 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. 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. 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. 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. Oracle Launches New Compliance and Risk Management Solutions February 22, 2013New Oracle Financial Services Foreign Account Tax Compliance Act Management targets pending FATCA requirements; expanded Oracle Financial Services Enterprise Risk Management suite addresses challenges around stress testing and model risk management. BBVA Compass Goes National With NBA Banking Product February 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. It's Time to Embrace Core Systems Transformation November 29, 2012Although U.S. banks are among the leading consumers of IT, many have resisted core transformation. Now, however, the risk of delaying modernization outweighs the long-standing risks of proceeding. Oracle and Deloitte Offer New Solution for Accounting and Financial Analytics October 18, 2012Financial Services SolutionPrint, a joint solution from Oracle and Deloitte, helps with finance accounting that can improve shareholder value for banks. mFoundry Launches New Mobile Banking Platform October 09, 2012The San Francisco-based mobile provider announced the release of Fin.X at BAI Retail Delivery.
Citi, Wells Fargo, Among Top Banks in Digital Sales September 06, 2012A new report from Forrester Research finds that digital sales at banks is growing.
Bank of America to Offer New Checking Disclosure Forms August 29, 2012The bank will provide customers with an easy-to-read form distilling the key fees and policies of checking accounts. 10 Best Practices for Jumpstarting FATCA Compliance August 28, 2012Achieving FATCA compliance will require new roles and processes, extended information gathering, and new or updated information management systems, including reporting systems. Convenience is Key for Bank Consumers: Report August 23, 2012A survey conducted by Angus Reid Public Opinion in conjunction with TD Bank also found online banking is the most frequently performed banking activity. Six Banks Choose Fiserv Account Processing Solution August 22, 2012The Cleartouch bank platform is an integrated, end-to-end solution. TruStone FCU Selects Fiserv Account Processing Solution July 20, 2012Acumen is designed to integrate with Fiserv digital services and other products. Dodd-Frank, Two Years Later: What Has It Meant for Bank IT? July 02, 2012As more provisions of Dodd-Frank go into effect, how have banks responded to comply to the new regulations? What are some technologies they are adopting to help? New Cloud-Based End-to-End Electronic Account Management Service Launched June 27, 2012The service offers new electronic bank account management through SWIFT and is the product of a partnership between Fundtech and Open Solutions Inc. PayPal, Bancorp Bank Partner on P2P Payments May 04, 2012The agreement is the first of several between the San Francisco-based payments company and Bancorp Synovus Thwarts Thousands of Account Hijacking Attempts February 24, 2012Synovus Bank deploys Trusteer's Rapport anti-fraud solution and blocks thousands of attempts to hijack commercial customer accounts.