(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.data-privacy-src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-P7RK2W');

Chips off the bold block: America’s EMV compliance challenges

As the United States continues on its EMV compliance journey, the most recent major benchmark was the ATM liability shift for MasterCard. With fraud taking an even larger toll on financial institutions, EMV compliance becomes Read More

By |2022-09-15T09:46:28-05:00November 17th, 2016|Comments Off on Chips off the bold block: America’s EMV compliance challenges

Wooing deposit customers for wealth management

In the eight years since the financial crisis, the roller coaster changes within retail banking have driven large banks to more aggressively cross-sell existing customers on products and services outside of traditional loans and deposits. Read More

By |2022-09-15T09:46:07-05:00September 19th, 2016|Comments Off on Wooing deposit customers for wealth management

Banking on the future with prepaid mobile apps

Born between 1980 and 2000, Millennials, at 83 million strong, are now the largest generation in American history. These individuals are poised on the receiving end of what is expected to be the largest ever Read More

By |2022-09-15T09:43:19-05:00August 19th, 2016|Comments Off on Banking on the future with prepaid mobile apps

Real-time payments for the U.S.? Not anytime soon

Rapid changes in technology have users of the U.S. financial system facing a 21st-century paradox: services such as Amazon can guarantee two-day delivery of goods, but consumers often wait longer than that for a deposited Read More

By |2022-09-15T09:46:12-05:00August 9th, 2016|Comments Off on Real-time payments for the U.S.? Not anytime soon

Empowering customers to fight card fraud

Card fraud is one of the fastest growing crimes impacting financial institutions. A 2016 LexisNexis report found that issuers directly lose $10.9 billion per year in card fraud, with an average loss of $5.90 Read More

By |2022-09-15T09:43:52-05:00August 2nd, 2016|Comments Off on Empowering customers to fight card fraud

Time to change out legacy systems

Historically, financial institutions have adopted technology with a best-of-breed approach, utilizing different platforms from different vendors. This is especially true in check processing, where multiple platforms are leveraged to support a single financial transaction or Read More

By |2022-09-15T09:45:47-05:00July 19th, 2016|Comments Off on Time to change out legacy systems

Making printers part of your security strategy

Given the proliferation of printers in banking – a large institution may have tens of thousands in facilities spread across the country – printer management needs to play a critical role in the ongoing war Read More

By |2022-09-15T09:44:41-05:00July 12th, 2016|Comments Off on Making printers part of your security strategy

The regulatory effect in faster payments

Handing someone a $100 bill is an instant payment. Likewise, proprietary systems such as PayPal and open, un-permissioned Bitcoin offer near real-time value transfer. For most consumers and businesses however, a leather or cryptocurrency wallet, Read More

By |2022-09-15T09:45:38-05:00July 8th, 2016|Comments Off on The regulatory effect in faster payments

ValueWeb and the new age of finance

Money originated as a control mechanism for governments of ancient Sumer to control farmers, based upon shared beliefs. It was then structured during the Industrial Revolution into government-backed institutions, banks, which could issue paper notes Read More

By |2022-09-15T09:45:56-05:00June 10th, 2016|Comments Off on ValueWeb and the new age of finance

Minimizing problems in legacy software

The financial services industry is evolving at an exponential rate in this age of digital transformation. Shifting customer expectations, disruptive technology and demanding regulatory requirements are constantly reshaping the sector. Many banks are finding that Read More

By |2022-09-15T09:44:47-05:00June 7th, 2016|Comments Off on Minimizing problems in legacy software

FinTech property rights and banks

It’s an odd paradox: the financial services industry spends millions on title searches and title insurance each year, but has not been quite as diligent in exploring who actually owns the intellectual property behind its mission-critical Read More

By |2022-09-15T09:43:57-05:00May 31st, 2016|Comments Off on FinTech property rights and banks

Improving bill pay for customer retention

Customers are becoming increasingly dissatisfied with the mobile bill pay experiences provided to them by banks. According to our discussions with financial institutions (FIs), only about 55% to 60% of customers are using their bank’s bill Read More

By |2022-09-15T09:44:26-05:00May 31st, 2016|Comments Off on Improving bill pay for customer retention

Three strategies for protecting payment systems

Current payments systems are more sophisticated than their predecessors, with more functionality, higher transaction volumes and continuously operating, open environments. As banks and their partners have rapidly expanded these payments infrastructures, many have failed to Read More

By |2022-09-15T09:45:45-05:00May 25th, 2016|Comments Off on Three strategies for protecting payment systems

Managing exceptions more efficiently

Exceptions are part of every operation in all businesses, but they are a source of particular concern for financial institutions (FIs). Regulatory examinations concentrate on exceptions to regulatory requirements and exceptions to best practices. The Read More

By |2022-09-15T09:44:43-05:00May 3rd, 2016|Comments Off on Managing exceptions more efficiently

Flexible options for cloud computing migration

When it comes to cloud adoption by financial institutions, it’s no secret that the transition to the cloud has come at a slower rate for financial services than for other industries thanks to rigorous data Read More

By |2022-09-15T09:44:01-05:00April 27th, 2016|Comments Off on Flexible options for cloud computing migration

Three technology innovations to change banking

In 2015, retail banking startups raised $6.8 billion in funding, more than three times the amount raised in 2014 according to CB Insights, showing a significant investment in financial technology (FinTech) innovation. Several areas Read More

By |2022-09-15T09:45:45-05:00April 26th, 2016|Comments Off on Three technology innovations to change banking