Lower costs, higher flexibility and timely reissuance make for a smart plan in the face of identity theft and more.
With the replacement of paper checks by electronic check processing, banks can now reduce the cost of courier services and regional processing centers.
To improve their document management processes, banks need to do the upfront classification and description work while leveraging the automation systems now available.
By increasing its efficiency, a bank can both facilitate the implementation of new technologies and fund the investments required.
Intelligent process automation can help banks drive operational process improvements in wealth management, investment banking and mortgage origination.
Managing a successful client-vendor relationship requires give-and-take on both sides.
Too many banks these days, in an urge to grow, overlook the basic analytical procedures required when acquiring another institution.
The traditional single overdraft fee should be abandoned in favor of a tiered approach – potentially including no fees – to accommodate the distinct customer segments involved.