Our seven minutes of fame! Industry Editor Erin Oswalt chats with Sibos’s Steven Chia and payment expert Ed Adshead-Grant about the complexity of the payment industry, cybersecurity, regulatory changes and more.
The time has come for banks to break through the barriers and implement a powerful online account opening solution that drives customer growth, cuts acquisition costs, cross-sells products and services and increases revenue. It all starts with overcoming the most common myths about online account opening that have been holding banks back.
One of the biggest challenges faced by AP leaders is finding the balance between executing today’s operations and evaluating tomorrow’s technology.
To help you clear those hurdles, here’s an overview of the 5 biggest trends in payment innovation as ranked by Ardent Partners in its State of ePayables report.
We’ve seen an interesting pattern developing among our advisory group members regarding Same Day ACH. Their initial tepid reaction to the product’s applicability within their company can turn much more favorable — but only when the discussion is kept alive. Successfully driving acceptance of same day ACH comes down to engaging customers.
Sometimes, catching insider collusion comes down to plain old common sense…
Despite being well into the 21st century, many small business account openings still occur in the branch.
Now that digital account opening is taking hold with consumers, financial institutions are trying to offer a fast and convenient experience, but that starts with understanding the regulations that first need to be taken into consideration.
Open Banking will change the way payments are managed, not just in the UK but around the world. The objective is to improve competition and innovation in the payment industry, which reinforces the UK’s position at the forefront of payments. This is great news for consumers and businesses of all sizes for whom payments will become easier, more secure, and with an improved user experience.
You’ve got enough on your plate making sure your environment is adequately protected against further attacks, so here is a brief, common sense explanation of the most important things you need to know about the CSP and what you need to do to prepare.