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.
Wells Fargo Named Best Consumer Internet BankJuly 29, 2010San Francisco-based Wells Fargo was named Best Consumer Internet Bank and Best Corporate/Institutional Internet Bank in the United States by Global Finance magazine, the bank said in a release.
Online Bill Payment Tops Among Internet HouseholdsJuly 12, 2010Online bill payment has grown to become the No. 1 method of bill payment for Internet-connected households, according to data released today by Synergistics.
Chase Hires Stephenson to Expand Mobile, Internet Payments ServicesJune 14, 2010New York-based JPMorgan Chase announced today it has hired Jack Stephenson as director of mobile, e-commerce and payments. Stephenson previously served as senior vice president of strategy, partnerships, analytics and new ventures at PayPal.
Internet Banks Poised to Prosper Amid CrisisApril 06, 2009As consumers seek the best rates and banks look to cut costs, direct banks will enjoy a surge in deposits, TowerGroup predicts.