Category: Banking
The Business Case for Digital Transformation: Starting the Conversation
Gain agility, survive, and thrive: three components financial institutions can achieve by implementing digital transformation strategies. Many financial institutions use their core provider to digitize the account opening process. However, this approach is not an...
Welcome to the Next Generation of Business Payments – Understanding Real-Time Payments
Bottomline Technologies’ Vice President of Product Management and Strategic Solutions, Jessica Cheney, sat down with Ryan McEndarfer from PaymentsJournal.com to understand real-time payments (RTP) and discuss the benefits of modernizing business payment processes. With the...
Your Bank Is Going Digital…How Do You Evaluate FinTech Partners?
As technology-savvy consumers increasingly demand digital access to banking activities such as payments, personal loans, mortgages and account opening, banks that continue to rely on in-person and paper-based processes will be left in the dust...
Digital Transformation in Banking & the Need for Inclusivity in Design
A recent report from the International Data Corporation (IDC) projected that spending on digital transformation will reach US $1.7 trillion worldwide by the end of 2019 (In terms of digital transformation in banking, banks globally...
Customer Engagement in Banking – the Key to Acquire, Deepen and Grow Relationships
Once upon a time the hallmark of a good bank was the offer of a free toaster for every new account and a superior customer relationship meant that the bank president was often in the...
How to Attract New Customers to Your Bank: It All Comes Down to Customer Experience
If you’re thinking about how to attract new retail customers to your bank (and of course you are — it’s an issue you eat, sleep and breathe), it likely comes as no surprise that the...
Tackling the Future of Digital Account Opening: Advice for Banks
Did you know that 65% of surveyed institutions are categorized in the non-digital account opening segment? That means that the majority of their accounts are opened in the branch, a fact that in and of...
Implementing Digital Transformation in Banking: Lessons from Early Adopters
Implementing digital transformation has become a major focus for banks in recent years, a critical task topping the to-do lists of every executive charged with optimizing customer retention and cross-selling, improving customer experience and engagement...
Online Account Opening Best Practices: The 6 KPI Tracking Secrets Your Need to Know
When it comes to online account opening best practices, there’s no shortage of good advice. Whether it’s 10 steps to grow digital account opening sales, a cheat sheet to achieve digital growth is just 30...
Choosing the Right Bank for Your Business: Evaluating Their Fraud Risk
As organizations undergo the arduous process of selecting banking partners, one of the critical factors they must evaluate is the security of the institution. This aspect of the process cannot be understated. It has to...