Small time spans make a big difference for banks trying help customers manage their finances.
With the rapid proliferation of tablet usage by consumers, banks need to tailor their own tablet services to this fast-growing segment.
Banking will be revolutionized as billions of tiny Internet-based transactions take place every second – all of them requiring aggregating, accounting, clearing and settling.
Financial services firms increasingly deluged with data can benefit from storage tiering, a method by which data is stored in several different levels based on priority.
To compete for commercial clients, community and mid-size banks need to improve their mobile treasury management services.
Banks don’t have to keep giving away mobile banking services for free; under a ‘fair value exchange’ approach, they can actually charge for value provided.
Full speed ahead – but proceed in stages – is the best approach for financial institutions to take in building their mobile banking capacity.
With the coming launch of his Movenbank venture, Brett King intends to prove that banks can replace branches with all-digital service delivery.