Category: Banking
Benefits of Open Banking: How it Helps Small-Mid-sized Businesses Improve Cash Visibility and Transaction Reporting
Open Banking in the UK got really interesting as of January 13, 2018. If you are an individual or small-mid-sized business (SMB) with an account at one of the largest 9 UK banks, you can...
Open Banking and PSD2 in the History of European Payments
What significance will January 13th, 2018 -- the day Open Banking and PSD2 became a reality in the U.K. -- have on the history of payments? Surely it will someday have a place in the...
Top Trends in Online Account Opening
This ebook covers the top trends in online account opening. Follow these and keep a focus on streamlining and securing the online account opening process and your prospects will progress from click to customer in...
Business Payments Technology: What Will the Coming Year Bring?
The pace and number of new technologies that will impact the business payments landscape can be confusing. Here’s a quick download on what these technologies are, how they’re being used to move the needle in...
Selling faster payments to corporate treasurers: A guide for banks
Through our advisory board practice we’ve had plenty of opportunities lately to hear corporate customers talk about faster payments. The common theme in those discussions is the requirement for a sales process that’s very different...
Improving Bank Innovation: Don’t settle for “because.” Instead, ask “Why not?”
When you hear the word “innovation,” it’s easy to get immersed in the fantasy that it’s all about flying cars and computer chips implanted in people’s brains. The reality is, the innovation that’s truly impacting...
How to Increase Acceptance of Same Day ACH by Engaging Customers
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...
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...