Post Tagged with: "Retail"

Best Practices for Monitoring Multi-channel Banking Environments

Best Practices for Monitoring Multi-channel Banking Environments

by March 15, 2013 at 3:53 pm 0 comments

Integrated, multi-channel retail banking is a reality – presenting increasing operational risk…and endless revenue opportunity for those retail financial institutions that are “ready”.

Key recommendations included:
* Adopt real-time transaction monitoring
* Monitor every transaction coming to and from your core banking system
* Use transaction-based monitoring and analytics to track the performance of external and internal service providers

PayPal at the Pump [VIDEO]

by February 26, 2013 at 12:45 pm 0 comments

Gas up with PayPal! The popular payments platform is now available at the gas station. Simply scan a QR code with your mobile device or enter a unique ID for the pump, and you’re ready to fill up and be on your way. PayPal is increasing its presence at point-of-sale,Read More

Signature Bank Offers a Peek at Pricing Competition, and It’s Brutal

Signature Bank Offers a Peek at Pricing Competition, and It’s Brutal

by January 23, 2013 at 11:00 am 0 comments

Not a day goes go by that banking competition does not seem to ratchet higher. In the latest sign of more pricing competition, Signature Bank offered investors a sneak peak at the money market rate war today, and it’s not pretty. Joseph J. DePaolo, president & CEO of Signature (ticker:Read More

Chase ‘Active’ Mobile Accounts Up +50% YOY to 12.4M

Chase ‘Active’ Mobile Accounts Up +50% YOY to 12.4M

by January 16, 2013 at 9:29 am 2 comments

The number of “active” mobile banking accounts at JPMorgan Chase & Co. climbed more than 50.7% last year to 12.4 million, the bank reported today. However, the growth rate of mobile banking accounts seems to have slowed at Chase in the fourth quarter. The company booked a 6.8% growth rateRead More

Jumiya, a Bank Account that Rewards Healthy Living

Jumiya, a Bank Account that Rewards Healthy Living

by December 13, 2012 at 10:11 am 1 comment

Put down that donut! Your bank account is watching. Meet Jumiya, a new venture seeking funding that is billed as “the [bank] account that improves as you do.” Jumiya’s promotional video (below) states that “health and finance are intimately linked.” Uh oh. Jumiya will reward members for checking into theRead More

Want a Sneak Peek at PayPal’s New Experience Marketing Center?

Want a Sneak Peek at PayPal’s New Experience Marketing Center?

by December 12, 2012 at 9:35 am 0 comments

Does your company have an experience marketing group? Do you even know what experience marketing is? If the answer to both those questions is “no” (or even if it is “yes”), take heed of PayPal‘s new experience marketing initiative, which recently unveiled in New York. Bank Innovation got a sneakRead More

Extraco Walks the Walk with a Branch of the Future

Extraco Walks the Walk with a Branch of the Future

by November 23, 2012 at 9:00 am 2 comments

You’ve heard about the bank branch of the future, haven’t you? It will be smaller, with a more specialized staff, will include plentiful self-service options, and be highly customer-centric. That sounds a lot like the new branch Extraco Financial Group opened last week in Marble Falls, Texas, a small town outside Austin.Read More

Trading in the Currency of Trust: An Opportunity for Banks to Enhance Economic Relevance

Trading in the Currency of Trust: An Opportunity for Banks to Enhance Economic Relevance

by November 13, 2012 at 9:45 am 0 comments

What you do online matters, and perhaps more so than what you do offline. Why is that true? Well, what you do online lasts a long time, your actions can been quantified, sorted, aggregated, and, most importantly, scored. That’s not always the case offline. Increasingly, the import of your onlineRead More

NCR Launches Silver for Small Business

NCR Launches Silver for Small Business

by October 16, 2012 at 2:14 pm 0 comments

NCR introduced Silver, a POS solution for small businesses at BAI Retail Delivery last week. This app-based product with a cloud backend is offered for sale through financial institutions. The merchant installs an app, attaches a small device to an iPhone or iPad, pays a $79 monthly fee to useRead More

Where Will I See Contactless Technology in My Everyday Life?

by October 16, 2012 at 11:03 am 0 comments

As contactless technology embeds itself into the fabric of everyday transactions all over the world, numerous industries are fine-tuning integration of this latest payment technology into their operations. Employee Badges: Organizations all over the world are using contactless technology to verify individuals’ authenticity before granting access to a restricted facility,Read More