Keeping the Bank Account at the Center of Payments April 11, 2014Changing consumer behavior in payments is something banks cannot ignore.
Revisiting the Health Savings Account Opportunity March 20, 2014With market forces likely to drive significant HSA growth, financial institutions must refine their strategies and solutions to capitalize on the revenue potential of these tax-advantaged accounts. Online Account Opening Goes Mobile, Research Suggests January 21, 2014New data from Andera shows more consumers are completing new account applications on their mobile devices. BBVA Compass Offers New Accounts for Both Digital and Branch-Centric Customers November 25, 2013BBVA Compass’s new accounts aim to attract customers who favor the branch or online channels. Big Banks and Receivables Mass Data November 04, 2013In our third article on receivables data, we describe how banks can leverage and implement a real mass receivables data strategy. 5 Ways Mobile Banking Is Evolving: Finovate September 13, 2013Several new technologies demoed at Finovate this week showcased new ways that mobile is solving pain points for banks and their customers. ProfitStars Rolls Out Simplified Online Bill Pay July 25, 2013ProfitStars has released new products from iPaySolutions for one-click bill pay and easier deployment of mobile products and services. Javelin Report: Improving Mobile Account Opening A Must July 25, 2013A new study suggests that banks need to conform their account opening process to the mobile device to attract mobile-centric customers. Andera, Intuit Partner on Account Opening Technology June 24, 2013Andera's oFlows solution has been selected as the new account opening technology by Intuit Financial Services.
Online Account Opening: Switching to a Smooth Road June 14, 2013A step-by-step guide to streamlining the online account opening process. U.K. Payments Council Announces New Account Switching Service June 11, 2013The service is designed to make it simpler for consumers to switch bank accounts.
Leveraging Alternative Data to Increase New Account Openings, Reduce Charge-Off Risk June 10, 2013Banks looking to grow their deposits can look to alternative data that is not included in traditional credit reports to find new customers and protect themselves form fraudsters. Banks Fail to Provide Key Protections for Checking Account Holders, Study Finds June 03, 2013A Pew Study of the top 50 U.S. banks found that all of them were lacking in at least one important area of consumer protections for account holders. 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.