Category: Banking
Banking Innovation Ideas: Attracting the Best Innovators
When it comes to transforming your institution, there’s certainly no shortage of banking innovation ideas. Here's how to attract the right innovators...
Identify and Eliminate Employee Fraud Collusion: a 5-Step Guide for Banks
Employee fraud collusion is a serious and underestimated threat to businesses. Here's a guide for banks to identify & eliminate employee fraud collusion...
Customer Engagement Banking & the ROI of Digital Account Opening
Here are the results of an American Banker survey analyzing Customer Engagement Banking & the ROI of Digital Account Opening...
Evaluating the latest trends in banking technology: Guidance to help banks compete with Amazon, Google, Facebook & Apple
In my varied experience as a serial entrepreneur, regulatory advisor, corporate consultant and angel investor, I have witnessed the evolution of the banking sector first hand, from all of its sometimes unflattering angles. Given the...
Creating a Real Time Payments Strategy-A Guide for Banks
Nearly a year ago The Clearinghouse’s Real Time Payments launched in the U.S. amid much fanfare. Since that time, the industry has been hard at work trying to create a real time payments strategy that...
3 Keys to Winning with Digital Banking Technology
In today’s digitally competitive financial industry, staying on top of emerging digital banking technology trends is a necessity for banks looking to win and retain business customers. The good news is that although many small...
Three Ways Banks Can Reduce Payment Fraud
According to the Association of Financial Professionals, 78% of organizations experienced attempted or actual payments fraud in 2017. These breaches put banks at increased risk as fraudulent transactions are processed through their payment systems. It’s...
10 Steps to Growing Digital Account Opening Sales
One of the biggest myths in digital account opening is that online sales will automatically result once the technology is in place. However, according to reports from Javelin Research and Mercator Advisory Group, although 70%...
4 Ways to Improve Banking Services & Up Your Digital Banking Game
Tech providers are making a successful play for traditional business banking territory. Here are four strategies for banks to stay ahead of the competition.
API Standardization vs. Flexibility with B2B Payments: NACHA and Bottomline Technologies Sound Off
APIs are not new, but the rapid growth of technology in B2B payments has encouraged banks to embrace them as a means of connecting more seamlessly and effectively with technology and customers. In a fintech...