Why small business payments have big potential May 01st 2020 08:05am on Focus, Other / Payments, Technology Why small business payments have big potential May 01st 2020 08:05am on Focus, Other / Payments, Technology 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, Technology 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, Technology 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, Technology 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, Technology 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, Technology 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.
Why fintech has a role in your bank’s payments strategy Jun 01st 2019 12:06am on Focus, Other / Payments, Technology A digital payments strategy can offer guidance on where to start and what’s right for your community bank amid an avalanche of emerging payments technology.
How to create an effective digital payments strategy May 01st 2019 12:05am on Focus, Other / Payments, Technology Faster payments. p2p. It would be easy to feel overwhelmed at the speed of change. The key, say experts, is to ensure your payments strategy aligns with your corporate strategy.
Transaction compliance from E to Z Feb 01st 2019 12:02am on Focus, Other / Payments, Technology From smartphones to credit cards, modern consumers are making a wide variety of transactions, and each have their own regulatory requirements.
The business case for contactless payments Jan 01st 2019 12:01am on Banks, Focus, Industry Insight, Other / Payments, Technology Following global trends away from cash and chip cards, industry professionals say U.S. banks have an opportunity to benefit from contactless payments.
