Digital Wallets Turn A Corner
11/30/2012The beginning of the holiday season has brought some positive tidings for the growth of mobile wallets. Bank Systems & Technology looks at the road - and challenges - ahead.
Profile of Jonathan Camhi
Associate Editor, Bank Systems and Technology Member Since: 6/16/2014Author
Blog Posts: 492
Posts: 798
Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School of Journalism.
Articles by Jonathan Camhi
posted in November 2012
posted in November 2012
The beginning of the holiday season has brought some positive tidings for the growth of mobile wallets. Bank Systems & Technology looks at the road - and challenges - ahead.
5 Predictions About the Future of Digital Wallets
11/30/2012Bank of America announced this week that it is piloting Visa's V.me digital wallet service with its online customers, firing up the ever-hot topic of digital wallets in the banking sector. Here are some recent quotes on the evolving digital wallets market that we selected to share.
Chase Looks to Refashion Branch Customer Experience with Debit Card Initiative
11/29/2012Chase's instant issue debit card initiative is part of a continuing effort to streamline and digitize the customer experience and onboarding process in in its branches.
Core Banking Systems Winners And Losers
11/29/2012Don Free, research director at Gartner, shares his views on how the core vendor market is changing, and what banks and vendors must do to stay competitive, with BS&T associate editor Jonathan Camhi.
Wells Fargo Launches Mobile RDC Nationwide
11/28/2012After a soft launch in select states over the summer, Wells Fargo announced today that it is launching its Wells Fargo Mobile Deposit service nationwide.
U.S. Bank Expands Prepaid Services With Acquisition of FSV
11/27/2012The bank announced today the acquisition of FSV Payments Services, a prepaid processing company, to offer more varied prepaid services.
UBS Fined By British Regulators For Lack of Internal Controls in Rogue Trader Case
11/26/2012UK regulators levied a fine against UBS today after finding that the bank's weak oversight of its investment operations allowed a trader to book over $2 billion in losses and conceal them for months.
Guitar Center Accepts PayPal In-Store
11/19/2012National musical instruments retailer Guitar Center is now offering PayPal mobile and card payments at the point-of-sale.
Unresolved Issues Swirl Around Securing Mobile Payments
11/16/2012While many mobile payments startups are using both traditional and nontraditional authentication methods, regulatory uncertainty still exists around liability for fraud attacks on customers using mobile payments.
Mobile Payments Will Top $1 Trillion by 2017, Report Finds
11/16/2012IDC Financial Insights, a research firm, released a new study predicting rapid growth in m-commerce and NFC payments over the next five years.
CFPB's Project Catalyst Aims to Influence Product and Service Innovation
11/15/2012A new CFPB project aims to increase innovation of "consumer-friendly" financial products and services.
How to Better Coordinate Data and Processes Across Risk and Finance
11/14/2012While CRO's have gained increase independence as a result of the regulatory environment, that same environment also requires strong integration between risk and finance.
Huntington Bank Scores Highest in Small Business Customer Satisfaction, Report Says
11/12/2012J.D. Power and Associates released a new report last week showing lower levels of customer satisfaction among small business banking customers than retail customers.
New Mobile Payments Platform for EMV Cards
11/9/2012VeriFone's SAIL EMV payments platform offers a solution that plugs into tablets and smartphones for accepting chip-and-pin payments.
Square Wallet Now Accepted at Starbucks
11/8/2012After the partnership between Square and Starbucks last summer, Starbucks customers can now pay for their coffee in-store with the Square Wallet.
Banks and Servicers Agree To Mortgage Relief for Sandy Victims
11/7/2012A number of mortgage lenders in New York State have agreed to waive late payment fees and postpone foreclosures for Sandy victims.
New Survey Identifies Trends in Regulations, M&A, IT Spending For Community Banks
11/6/2012A new study by KPMG found that regulations are stifling organic growth and driving mergers and acquisitions among community banks.
BillGuard's Transaction Monitoring Added To Lemon's Digital Wallet
11/5/2012BillGuard is extending it's reach in the digital wallets space, forming a new partnership that will add it's solution for transaction monitoring to the Lemon Wallet.
AML Compliance Makes Know Your Customer More Important Than Ever, Report Says
11/1/2012Regulators are taking a deeper look at anti-money laundering and anti-bribery corruption compliance, and banks had better be prepared.
Risks and Rewards of Disaster Recovery in the Cloud
11/1/2012Compliance considerations and clear benefits in terms of recovery speed and cost are driving community banks to move their disaster recovery centers to the cloud. But some larger banks are hesitating to follow that path.
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