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.
Fraudsters have developed a variety of methods for initiating fraudulent wire transfers, but a security approach based on data and analytics from customer behavior can be an effective countermeasure to these wire fraud schemes.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
The Evolving Branch EnvironmentMay 20, 2013While many banks are rethinking their long term strategy for expensive branch networks, there are steps banks can take now to reduce costs and inefficiencies in the branch while providing a better customer experience.
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.
Check Scanners That Detect Fake I.D.'s Help One Bank Fight FraudJanuary 30, 2013Check scanners from CTS North America have been enabled with technology that detects fake I.D.'s that have helped one community bank secure branch transactions and can authenticate remote check deposits.
Mobile RDC for Commercial Clients On the HorizonDecember 14, 2012While some banks are still catching up to offer mobile remote deposit capture for retail customers, some banks are already looking to offer it to commercial clients in early 2013.
Walmart Takes on BanksOctober 08, 2012The retailing giant and American Express have teamed up to offer an alternative to traditional checking and debit accounts.
American Red Cross Using RDC to Process DonationsSeptember 26, 2012The American Red Cross announced today that it is introducing a mobile check deposit capture solution to help process donations from around the country.
Mobile Check Deposit Is Quickly Becoming a Must-HaveJune 21, 2012Customers increasingly expect to be able to deposit checks via their smartphones, and BB&T has become the latest bank to add mobile check deposit capabilities to its app.
B to B Payments Fraud Down Slightly in 2011: ReportMarch 21, 2012A survey conducted by the Association of financial Professionals also found that larger corporations were the more frequent target of attacks.
Ally Bank Surveys Customer on Bank FeesNovember 11, 2011The recent survey asked customers what they consider the least acceptable bank fees, whether they know what they're currently paying in fees and what they really want out of their banks.
Bank of America Announces Executive ReorganizationSeptember 07, 2011Price and Krawcheck leave while Darnell and Montag are promoted to COOs in the bank's latest efforts to streamline operations as it grapples with losses.
