by TScholl | Jul 24, 2017 | Banking, Electronic Payments, Small Business Tips
Rewarding Customers Changes Their Behavior. True? Do you believe that rewarding customers changes their behavior? When it comes to attracting and retaining customers, how important are incentives? Well, as far as customer retention is concerned, it is a good...
by TScholl | Mar 31, 2017 | Banking, Electronic Payments, Industry Changes
 What is IoT in Banking?  The Internet of Things (IoT) is spreading like wildfire across different industries. Even banks are now exploring opportunities to determine the role of IoT in banking. Financial institutions plan to spend $153.5 million by 2018 to monitor...
by TScholl | Nov 4, 2016 | ACH Processing, Banking, Electronic Payments, Industry Changes
 Will Faster ACH Payments Cause Problems for Fraud Monitoring? More and more consumers are looking for faster payment options. Mobile banking is a highly preferred payment option. However, it is important that financial institutions take stringent steps to...
by TScholl | Sep 9, 2016 | Banking, Electronic Payments, Industry Changes
 Banks Must Make It Easy If They Want More Customers.  Banks and financial institutions are always looking to win more customers. But this isn’t an easy task. So what can banks do to create a new stream of loyal customers? It could be useful to check out customer...
by TScholl | Jul 29, 2016 | Banking, Electronic Payments
Banks Trying to Get New Customers With Creative Apps. With the advent of the Smartphone and the huge leaps that FinTech is taking, creative Apps have become a new way to engage consumers when it comes to electronic payments. Financial institutions of all types are no...
