In an era of mobile payments and online banking, checks—and the availability of funds—are still the lifeblood of small businesses.
The U.S. card industry’s move to EMV technology to combat fraud will likely accelerate because of recent data breaches, say BAI Payments Connect 2014 panelists.
Real-time payments could be moving a step closer to reality under pressure from forces both inside and outside of the financial services industry, say BAI Payments Connect 2014 panelists.
For mobile banking adoption to take off for high-value transactions, critical issues of access and awareness need to be addressed.
When financial institutions deploy major technology projects, they need to make sure that their business processes can accommodate the changes.
Financial institutions can optimize recurring fee revenues just by offering specific bundles consisting of no more than three services combined.
Banks looking to expand their global offerings should carefully assess the new risks and the full scope of their customers’ needs to avoid unforeseen (and unpleasant) surprises.
Successful process improvement programs require asking the right questions and engaging employees in the process.