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Federal Reserve Cuts Another Check Processing Center
Reduction in facilities and headcount parallels decline of paper check
Banks Delay Transfers To Stop Phisher Thievery
The explosion in phishing scams has forced some banks to delay intrabank fund transfers - sometimes for up to a day -to stop the resulting attempts at account pillaging.
Chase To Issue RFID-Embedded Credit Cards
The technology, called "blink," will let consumers make purchases by passing RFID-chip-embedded cards in front a point-of-sale terminal.
https://www.crn.com
Bank relies upon training software to get customers ready for a rapid transition.
Direct Exchange: Faster, Better, Cheaper
Visa Officially Rolls Out Streamlined Network
Metavante to Acquire Healthcare Payments Company
Purchase of MBI helps company to provide services in the growing field of Health Savings Accounts.
Cards
Product innovation is key to growth in the card business, but the ability to grow without sacrificing security, speed and reliability is critical. Banks that can provide these things, along with convenience for consumers and increased sales opportunities for merchants, will achieve success.
Balancing Act
Banks must weigh paper-based workflows as they guide corporate clients toward e-payments.
Creating Virtual Value
By integrating business channels, consolidating customer histories and beefing up security, banks are improving their online offerings to provide customers with all the conveniences of branch banking in the comfort of their own homes.
Online Billpay on the Rise
Trend presents banks with customer retention opportunity.
BofA, ABN Amro Offer Healthcare Receivables Management
HIPAA applies to clearinghouses, but what about lockbox services with outsourcing partners?
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