Why it pays to offer cross-border payments Feb 01st 2021 12:02am on Focus, Other / Payments, Products & Services, Retail, Tech Why it pays to offer cross-border payments Feb 01st 2021 12:02am on Focus, Other / Payments, Products & Services, Retail, Tech Offering cross-border payments used to have a high barrier of entry, but thanks to new technology and increasing revenue opportunities, they may be an untapped growth opportunity for enterprising community banks.
The case for why businesses need faster payments Nov 01st 2020 12:11am on Focus, Other / Payments, Products & Services, Retail, Tech While the data shows that businesses still largely rely on traditional payment methods, many financial professionals believe faster payments boast huge benefits to business customers. Here’s how businesses could put them to good use.
3 ways to improve your customers’ overdraft experience Jul 31st 2020 08:07am on Commercial/Business, Consumer, Experts, Other / Payments, Payments, People & Banks, Products & Services, Regulation & Compliance, Sponsored, Tech SPONSORED | Make sure your customers have a 5 star overdraft experience. Customers shouldn’t have to worry about whether their transaction will be covered. A reliable overdraft service should be easy to understand and easy to access. Here are 3 ways to ensure successful outcomes and improve overall growth for your bank.
Your cardholders, your interchange. Are contactless payments squeezing you out? Jul 23rd 2020 11:07am on Experts, Other / Payments, Payments, Products & Services, Sponsored, Sponsored Content, Tech SPONSORED | As consumers gravitate towards contactless payments, learn how your community bank can avoid financial risks and maximize your debit card program’s routing choices.
Why small business payments have big potential May 01st 2020 08:05am on Focus, Other / Payments, Tech To their small business customers, community bankers are more than just lenders. They’re advisors, collaborators and cheerleaders. That close relationship puts them in an ideal place to offer these customers the payments options that will help them grow. By Colleen Morrison Picture a black-and-white television showing The Andy Griffith Show. Opie Taylor walks down Mayberry’s […]
Why the speed of business payments matters Feb 01st 2020 12:02am on Focus, Other / Payments, Products & Services, Tech The timeliness of B2B payments raises the stakes for all parties involved, as a missed or delayed payment can cause a ripple effect across a business and its network. But how can community banks speed up these payments? And what are the challenges they’ll need to solve? By Karen Epper Hoffman Many a consumer has […]
FedNow is coming. Here’s what you need to know Jan 01st 2020 12:01am on Focus, Other / Payments, Products & Services, Retail, Tech Years of advocacy culminated in the Fed’s announcement of a real-time payments and settlement service. Here’s what to know about FedNow and what remains to be answered. By Colleen Morrison The community banking industry released a collective breath on Aug. 5, 2019, when the Federal Reserve announced its intent to offer a 24/7 real-time payments […]
Why digital payments are exploding in popularity Oct 01st 2019 12:10am on Focus, Other / Payments, Tech In a short time, the ways customers make payments have changed alongside technology. But what are digital payments, exactly? And why is the U.S. digital payments market set for huge growth over the next few years? By Colleen Morrison By 2023, the value of the U.S. digital payments market will be an estimated $1.3 trillion. […]
3 reasons to put P2P at the heart of your payments strategy Aug 01st 2019 12:08am on Focus, Other / Payments, Tech P2P has gained widespread acceptance in the U.S. Here’s why your community bank should make it an institutional priority.
Put your payments strategy on the fast track Jul 01st 2019 12:07am on Focus, Other / Payments, Tech The pace of change of real-time payments technology and infrastructure has only gotten quicker in the past year. Here’s what you need to know about what’s changing and what resources exist to help your community bank adopt new payments technology.