BAI Banking Strategies Executive Report:
Connecting to Payments Change
The changing world of payments technology confronts bank executives with many tough decisions in regard to allocating scarce investment dollars. Should we play in the mobile wallet space, and if so, with which partners? Should we enable our mobile devices with near field communication (NFC) technology or some of the newer alternatives? And how do we handle this transition to Europay, Mastercard and Visa (EMV) chip cards?
All of these issues will be discussed in depth at BAI Payments Connect 2013, to be held March 11-13, 2013 in Phoenix, Ariz. This BAI Banking Strategies Executive Report is designed to provide our readers with a flavor of the conference by asking some of the speakers to provide highlights from their forthcoming presentations.
Articles in this Executive Report include:
Going Mobile With QR Codes
Mobile payments technology using quick-response (QR) codes may provide financial institutions with an attractive alternative to third-party mobile wallets.
Next Generation Fraud Prevention Solutions
As they confront ever-increasing fraud schemes, financial institutions should consider defending themselves with smart-agent technology.
The Revenue Growth in Prepaid Cards
While prepaid cards have traditionally been seen as an option for ‘underbanked’ customers, they can also help financial institutions build profitable long-term relationships.
Screening Fraud Risk in the Underbanked
While financial institutions can find long-term and profitable customers among the underbanked, they also need to take their fraud prevention procedures up a notch.