Debit and credit cards still reign as the preferred payment method today, but with mobile device usage continually growing and with the advent of new technologies (and currencies), the "digital wallet" is becoming a more viable alternative.... Read More
In our latest post, we talked about how mobile payments will impact mobile banking apps in the near future, and how customers are using cash less frequently. In an environment heading towards digital wallets and mobile payments, and with banks reducing... Read More
Dont miss Part 1 of the Measuring ROI series: Using the Payback Approach , by Jon Allen The goal of financial management in a company is to maximize the value of the company’s stock. Managers need ways to determine whether a project being considered... Read More
This is the first post in our "Understanding Fair Lending" series based on a recent fair lending webinar with Jerry Miller. 9 more articles will come over the next week. You can download the full webinar here . Not long ago we held a free... Read More
Dont miss Part 2 of the Measuring ROI series: Using the Net-Present-Value Approach , by Jon Allen The goal of financial management in a company is to maximize the value of the company’s stock. Managers need ways to determine whether a project... Read More
Update - you can now download the full webinar, free. The CFPB accurately claims that access to responsible credit is still a challenge for many consumers. To that regard, regulatory financial laws such as the Equal Credit Opportunity Act (ECOA) and... Read More
Dont miss Part 1 of the Measuring ROI series: " Using the Payback Approach ", and Part 2: Using the Net-Present-Value Approach , all by Jon Allen The goal of financial management in any company is to maximize the value for its owners. Managers... Read More
Every year there are new or enhanced compliance requirements for processing payments. The biggest challenge is knowing when you have satisfied all of the appropriate requirements for all of the regulations. In addition to complying with the NACHA Operating... Read More
This is the third post in our "Understanding Fair Lending" series based on a recent fair lending webinar with Jerry Miller. The first article ( Fair Lending and Regulation B ) is available and 7 more are coming. You can download the full webinar... Read More
In 2009, a talented programmer (or group of programmers) released the first virtual currency protocol, known as Bitcoin. The Bitcoin protocol, essentially a robust P2P payment system , has now spun several other virtual currencies (Litecoin, Dogecoin... Read More
Currency Transaction Reports have been around since the Money Laundering Control Act of 1986, and along with its stricter Suspicious Activity Report progeny implemented in 96, have greatly contributed to a financial institution’s compliance workload... Read More
Can your financial institution survive the next economic downturn? The recent financial crisis demonstrated how unexpected economic downturns and rapid deterioration in market conditions can significantly harm a bank’s financial condition and economic... Read More
NACHA's P2P rules , approved March 7 of last year, went into effect 3/21/2014 and addresses necessary changes to handle the Individual ID field, as well as the proper use of the WEB credit by Originators. In a recent Sheshunoff Webinar , I presented... Read More
This is the second post in our "Understanding Fair Lending" series based on a recent fair lending webinar with Jerry Miller. The first article ( Fair Lending and Regulation B ) is available and 8 more are coming. You can download the full webinar... Read More
This is the fourth post in our "Understanding Fair Lending" series based on a recent fair lending webinar with Jerry Miller. The first article ( Fair Lending and Regulation B ) is available and 6 more are coming. You can download the full webinar... Read More