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Bank Technology News August 2007 Dan Fisher |
Pay And Settle At Warp Speed The innovation of the payment system will not be in speed, but in total end-to-end processing. |
Bank Technology News January 2005 John Adams |
On-Line Foreign Exchange: Wells, S1 Tag Team International Trade International trade is growing by leaps and bounds for Wells Fargo, which hopes a Web-based foreign exchange alliance with S1 will place it firmly ahead of the curve as cross border business banking continues to grow. |
Bank Systems & Technology July 5, 2004 |
CHIPS Extends Hours In order to maximize liquidity for participating financial institutions, the Clearing House Interbank Payment System (CHIPS) extended its processing hours to overlap the business hours in Asia |
Bank Technology News January 2005 John Adams |
Processing: BB&T Cashes In Its CHIPS For a Better Backstop By reducing the costs of entry, banks can hook up with CHIPS and have a viable backup that's less expensive than in the past. |
Bank Systems & Technology March 29, 2006 Maria Bruno-Britz |
Sticking With the Tried and True The days when large U.S. banks could sustain their old core systems on the IT version of life support are numbered, according to TowerGroup. |
Bank Systems & Technology September 28, 2007 Maria Bruno-Britz |
Transaction Processing Not Enough to Succeed In Commercial Banking Banks will need to move away from the transaction processing model to become the advisers of choice for their corporates. |
Bank Technology News May 2011 John Adams |
BankSimple Pursues Faster Payments As BankSimple, the hip startup that says it's "reinventing personal banking" for its bank partners and consumers, preps for its formal launch, the firm is partnering up with TxVia to enable payments processing for its 'all in one' payments card. |
Bank Systems & Technology September 27, 2004 Peggy Bresnick Kendler |
Clearing and Settlement Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together. |
Bank Systems & Technology March 30, 2007 Maria Bruno-Britz |
Aite Urges Consolidation of Wire and ACH Systems A new study says convergence of wire transfer and ACH will lead to efficiency and cost savings for banks and their commercial clients. |
Bank Systems & Technology February 1, 2007 Nancy Feig |
Financial Institutions Must Treat Payments Processing as a Business Line to Gain Competitive Differentiation As competition in the payments space continues to heat up, more and more banks will take an enterprise-wide view of the payments business and corresponding technology. |
Bank Systems & Technology October 30, 2007 Richard Winston |
Mobile Wallet Will Take Time to Mature In U.S. Contactless payments are a transitional technology on the way to the anticipated wallet phone. |
U.S. Banker April 2009 Glen Fest |
Is BofA/ Wells Venture a Threat to ACH Network? A forthcoming joint payments venture between Wells Fargo and Bank of America, through which both banks will share a platform to process their automated clearing house transactions, continues to percolate debate. |
Bank Technology News June 2007 Glen Fest |
Wholesale Banking: Client Demands Force B2Bank Integration Financial firms are consolidating the traditional platforms and protocols for data file exchange, messaging, cash management and funds transfer into what's knows as business-to-banking, or B2Bank, capabilities. |
Bank Systems & Technology February 1, 2007 Robert Blair |
Standardizing Payments Payment transactions, when applied to either global or national transactions, will present industry technology executives with increased challenges for 2007. |
Bank Systems & Technology July 23, 2009 Maria Bruno-Britz |
J.P. Morgan Introduces Total Settlement A/P Tool Total Settlement is designed to help the bank's treasury clients better connect with their suppliers. |
Bank Systems & Technology December 1, 2006 Phil Britt |
Banks to Allow E-Bill Pay Customers to Pay With Cards The growing popularity of online bill payment services presents a revenue opportunity for banks. |
Bank Technology News July 2006 John Adams |
Electronic Billing: Partners in Payments Creditron and MyOnlineBill.com join forces to tap the small volume market. |
Bank Technology News December 2008 Jim Gahagan |
Centralizing Payments With SOA Recent standards and advancements in imaging, real-time data access and service-oriented architecture (SOA) technology have now made it possible to centralize payments without costly replacement of systems. |
Bank Systems & Technology April 8, 2010 Penny Crosman |
NACHA Reports 18.76 Billion ACH Payments in 2009 Year-over-year transaction volume is up 2.6 percent, unauthorized debit transactions are down 9%. |
Bank Systems & Technology May 25, 2006 Maria Bruno-Britz |
Corporates' Wishes Are Banks' Commands Between industry consolidation and the entrance of new players in the market, banks have their work cut out for them when it comes to serving business customers and meeting their demands. |
U.S. Banker May 2007 Kenneth Long |
Reinventing the Checking Account Banks that haven't reinvented their checking accounts to better serve their customers, thus more firmly sealing them to the institutions, may soon find they have fewer customers about which to worry. |
Bank Systems & Technology April 28, 2008 Nancy Feig |
Banks Told to Prep for New International ACH Rules The NACHA rule and format for international ACH transactions presents both opportunities and challenges for banks. |
The Motley Fool November 9, 2011 Navjot Kaur |
No Slowing Down for MasterCard MasterCard posts a good third quarter |
Bank Systems & Technology May 1, 2006 Maria Bruno-Britz |
NACHA Takes Page From PayPal Electronic payments association NACHA plans to test a program that allows banks to act as intermediaries for consumers' online financial transactions, such as bill payments and purchases. |
Bank Systems & Technology September 15, 2008 Katherine Burger |
Sibos News: Postbank Deploys SAP Payments Engine German retail bank Postbank goes live on the SAP Payment Engine application. |
Bank Systems & Technology August 24, 2006 Deena M. Amato-McCoy |
The New Integration While expanding data volumes and regulatory changes are putting more and more pressure on banks' core processing systems, they can't diminish their original services. |
National Real Estate Investor July 1, 2006 David Cardwell |
Electronic Payments Accelerate Cash Flow Adept property managers are encouraging the use of electronic payments and customizing options to meet residents' needs. Electronic payments help close new business faster, accelerate the availability of funds, reduce delinquencies, and enhance security. |
Bank Systems & Technology September 27, 2004 Ivan Schneider |
Strategic Milestones Lazaro Campos, Head of the Banking Industry Division, SWIFT (La Hulpe, Belgium) |
Bank Technology News February 2011 John Adams |
A Batch of Trouble for NAB National Australia Bank's season of IT horror, a span of several weeks that featured everything from periodic Web outages to the stalling of thousands of automated transactions, is a stern warning to the industry. |
Bank Systems & Technology September 30, 2006 Maria Bruno-Britz |
Speaking the Same Language Banks are faced with a dilemma around the extent to which they should remain in the payments business. |
Bank Systems & Technology February 21, 2008 Jim Eckenrode |
Exclusive TowerGroup Research Report: Bank Tech Spending in 2008 In light of the current market turmoil, North American banks appear to be approaching technology planning and budgeting for 2008 with caution. |
Bank Systems & Technology February 1, 2007 Kere Lewis |
Banks to Explore Channel Optimization In 2007, many banks will explore channel optimization and the alignment of products and services with sales and service delivery channels to balance a positive customer experience with the need to better control costs. |
Bank Systems & Technology August 30, 2005 Maria Bruno-Britz |
Commercial Payments: From Many, One All the major players - banks, corporations, regulators and vendors - are attempting to standardize and simplify the commercial payments process. But, everyone seems to have a different idea as to the best way to do so. |
Bank Systems & Technology September 28, 2005 Maria Bruno-Britz |
Is the End of Cash at Hand? The growing comfort with digital and wireless technologies may be largely responsible for the recent upswing in e-payments. Of course, the trend has not gone unnoticed by the financial services industry. |
Bank Systems & Technology January 1, 2007 Maria Bruno-Britz |
Banks Starting to Embrace Concept of Financial Supply Chain Management Financial supply chain management represents a growing opportunity for banks. |
Finance & Development March 1, 2002 Christine M. Cumming |
September 11 and the U.S. Payment System What lessons can we draw from September 11 to help us safeguard the financial system against possible future disasters? |
Bank Systems & Technology March 9, 2010 Penny Crosman |
Accenture Launches Mobile Payment Platform This hosted, pay-per-transaction solution can connect to users on mobile operators or web sites for large-scale implementation of mobile financial services and is said to adjust to extremes of network traffic. |
Bank Technology News June 2007 John Adams |
Payments: RBS Targets U.S. for e-Payments Business It's a huge payments player in Europe, and RBS hopes its multinational payments expertise can help it win business accounts in the United States. |
Bank Systems & Technology November 29, 2004 Ivan Schneider |
Miller Time Miller was struck by the banking industry's reliance on paper- and people-intensive tasks. "The amount of customization in this industry and the lack of standardization across countries and across market infrastructures truly amazes me," she told attendees. |
Bank Systems & Technology January 11, 2007 Peggy Bresnick Kendler |
Reconciliation, Investigations and Exceptions Management Take Center Stage Effective exceptions management and reconciliation can improve transaction speed, cut costs, reduce risk and improve customer satisfaction. But banks first must break down payments processing silos to gain visibility into the transaction life cycle. |
The Motley Fool April 25, 2007 Mary Dalrymple |
Hey, Give Me My Money! Fewer check processing sites means that, for consumers, more deposit checks get categorized as "local." That means more of your checks must be deposited under the two-day rule instead of the five-day rule. |
AskMen.com Terence Channon |
Online Banking Your bank may offer you access to more services online than you think -- services that might make your life a whole lot easier if you use them properly. |
Bank Systems & Technology February 1, 2007 Esther Pigg |
Meeting the Corporate Challenge With corporate customers challenging their financial institutions to provide a more-integrated, end-to-end array of payments origination, information management, clearing and dispute resolution solutions, 2007 will be an exciting time in the U.S. payments industry. |
Bank Technology News July 2008 Shari Krikorian |
B2B Payments Face Major Transformation Across the globe, market forces such as innovation, the need for efficient cash flow management models, cross-border trade and new industry standards are shaping the future of the B2B payments industry. |
Bank Systems & Technology October 16, 2008 Peggy Bresnick Kendler |
Jack Henry Expands Electronic Bill Payment Options Its new NetTeller Bill Pay online bill payment solution includes guaranteed bill payments by ACH and expedited overnight check delivery. |
Bank Systems & Technology April 12, 2010 Penny Crosman |
Payments Startup Aptys Supports ACH, Wire, Check Images The new Aptys platform PayHub will give correspondents one platform to offer payments of all types to community bank clients. |
PHONE+ May 19, 2009 Khali Henderson |
Cashing In on Payment Processing It may seem counterintuitive for telecom agents to add payment processing during a retailing slump, but the goal is to provide multiple payment options for nearly every business in the country. |
Bank Systems & Technology April 25, 2008 Nancy Feig |
Enterprise Payments Architectures Are Gaining Ground at Banks The aim of an enterprise payments architecture is to leverage technologies and services across the payments business and throughout the entire organization. |
InternetNews October 28, 2004 Jim Wagner |
PayPal's Restitution Some of PayPal's 50 million account members are getting a break on their transactions Thursday as an apology from the company for a service outage that hobbled the site earlier this month. |
Bank Systems & Technology November 4, 2003 Katherine Burger |
Channel Strategies On a Massive Scale As EVP, technology solutions, for Inovant, the information technology and processing services subsidiary of Visa International, Scott Thompson is focused on critical issues such as transaction volume, speed and reliability, security, and support of newer business initiatives. |