Celent Banking

SEPTEMBER 3, 2014

'Rumours of this purchase have being down the rounds for months (I was discussing it in June at EBADay), although the acquirer has only been ever referred to as a “US Vendor” In discussions with clients over the last few months, I’ve highlighted 5 potential suitors (including FIS), and of those, four for very similar reasons. All four have broad FS offerings, but have little or nothing in the core payments space, making Clear2Pay an obvious solution to plug a gap.

Resources 187

Resources Payments US Trends 187

Banking 4 Tomorrow

SEPTEMBER 1, 2014

'I recently presented at Google’s Think Finance 2014, in Sao Paulo Brazil, where I talked about the future of banking — specifically trends that we correctly predicted and trends that we got wrong. For instance, Microsoft correctly predicted that people would pay for transportation via their smartphones, but they didn’t predict that the whole taxi […].

Google 98

Google Trends Mobile 98

Jack Henry

SEPTEMBER 4, 2014

'Author: Mark Messick, MMessick@profitstars.com. After the recent financial crisis, discontent and a lack of trust with commercial banks developed among small business borrowers. The perception that credit markets among financial institutions remain tight has set the stage for an explosion of alternative lending sources. As risk-averse banks lend less money, cash-starved businesses seek out alternative sources of capital, regardless of the additional fees they may have to pay.

Lending 68

Lending Capital Meeting Groups 68

Javelin Strategy & Research

SEPTEMBER 2, 2014

'I just accepted a position on the Consumer Advisory Board of the CFPB. This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I have a lot to learn! I can’t get enough of innovation and digital strategy.

Innovation 58

Innovation DC FDIC Strategy 58

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Celent Banking

SEPTEMBER 2, 2014

'Soccer season is starting in New England, and I’m resuming my duties as an assistant coach for my daughter’s team. Just as our players strive to improve, so do I try to improve my coaching, and one of my key functions is to try to change player behavior. I do that through a variety of ways: through explaining, through modeling, and through feedback.

Customer Experience 160

Customer Experience Retail Examples 160

Your Full Potential

SEPTEMBER 4, 2014

'(Part 3 of 3 in a series). Disney’s “ Magic ,” Southwest Airlines’ “ Company Spirit,” and Zappos’ “ WOW Philosophy.” These and other great organizations don’t necessarily focus on the products they sell. They know that if they are able to provide a memorable and extraordinary experience , the products will sell themselves. Sure, they have product development teams.

Branding 40

Branding Leadership Marketing Study 40

Bankelele

SEPTEMBER 5, 2014

'Seems like there are not enough investments to satisfy local debt & equity investors in Nairobi. NSE IPO: The Nairobi Securities Exchange (NSE) IPO with 66 million new shares offered to the public, was oversubscribed by 687% in the retail pool, and the NSE now has 17,883 shareholders, up from 24 before the IPO. Local retail investors were allocated 41% of the shares, local institutional 34% and foreign investors received 23%. ?.

Exercises 28

Exercises Retail Security 28

Fintech Labs Insights

SEPTEMBER 2, 2014

'I''m just back from delivering my son to his first year of college. It was our second go-round, so most of the process was familiar. But one noticeable difference: No financial institutions on campus were seen signing up new student checking accounts. While it may just be the policy on this particular campus, selling checking accounts to college freshman is a dying practice ( note 1 ).

ATM 25

ATM California Policies Cards 25

Tomorrow's Transactions

SEPTEMBER 5, 2014

'Biometric authentication against a device with tamper-resistant hardware is a good general-purpose solution for mass-market online login. For the foreseeable future, that device will be the mobile phone and that biometrics will be the fingerprint, but Barclays use of finger vein scanning is still interesting. It was really fascinating to read today’s reports about the “new” security technology that is going to be introduced by Barclays Bank in the UK for their corporate clients.

Cards 50

Cards System Technology Security 50

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The Raddon Report

SEPTEMBER 4, 2014

'The popularity of social media is undeniable. Millions of people are accessing such platforms to interact and view content of interest. Just five years ago, the primary function of social media was community building. Today, social media has evolved to include customer service outreach, brand awareness, and new customer lead generation.

social media 18

social media Google Trends Community 18

Bankelele

AUGUST 31, 2014

'The Stable. Bralirwa (Rwanda) ?. Diamond Trust Bank ?. ICDCI (Centum) ?. Kenya Airways ?. Kenya Commercial Bank (KCB) ?. Kenya Oil Company (Kenol) ?. Safaricom ?. Scangroup ?. Stanbic (Uganda) ?. Unga ?. Review. Comparing the basket to one year ago , the portfolio, excluding new shares, is up 22% since May 2014 while the Nairobi Shares Exchange main index is up 5% over the same period.

Portland 28

Portland Maine Company 28

Fintech Labs Insights

SEPTEMBER 3, 2014

'I''m always on the lookout for digital process improvements, from the major to the minor. And this one definitely falls in the latter category. But in my 22 years of banking online, I don''t recall ever being prompted to update my income so that my card issuer could reconsider my line size. But that''s exactly what I received this morning. At first blush, it almost sounded like a crafty fraud attempt.

Capital 24

Capital Cards Online Fraud 24

Social Assurance

SEPTEMBER 5, 2014

'It’s conference season for many of us in Financial Services and whether you are headed to your state conference or a multinational conference, you can get more out of it with social media. Here are a few tips from Social Assurance: No more Egg Profiles. It’s ok, we realize that many conference goers use Twitter only when they go to conferences.

Conference 15

Conference social media Meeting US 15

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Gonzobanker

SEPTEMBER 3, 2014

'“We are stuck with technology when what we really want is just stuff that works.”. ?Douglas Adams, the Salmon of Doubt. If I were to go to most bankers today and ask them what one thing they would do to improve their systems environment, a large number would say better integration of the systems they are using. Ten years ago, if I had asked them that same question, the majority probably would have said – hang on to your hats here – better systems integration.

System 128

System Tools Mobile Lending 128

The Raddon Report

SEPTEMBER 3, 2014

'Factors That Are Important When Using a Phone for Payments/Purchases.

Payments 15

Payments 15