Category: Banking
Don’t Go Digital Without Understanding the New Business Account Opening Regulations
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...
The Impact of Open Banking on the U.K. and Beyond
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...
Everything You Need to Know About SWIFT’s CSP & How to Prepare
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...
Ask the Experts: Same Day ACH Phase 2 — Obstacles and Opportunities
Phase two of same day ACH is upon us, which means that Receiving Depository Financial Institutions (RDFIs) now need to allow for debit transactions designated as Same Day ACH to be processed and funds made...
Slaying the Malware Beast
Malware is hardly a new threat in the security landscape. Banking Trojans that specialize in stealing user credentials, hijacking authenticated sessions and manipulating transactions in order to steal funds have been around since the inception...
Overcoming the 5 Myths of Online Account Opening
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...