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Mobile remote deposit capture – once consumers use it they love it
Financial institutions will need to aggressively promote the benefits of mobile remote deposit capture service in their marketing communications in order to grow its usage, according to a recent survey by SYNERGISTICS Research entitled, Maximizing Online and Mobile Banking and Payments. Almost seven in ten mobile phone users are aware of this service, with awareness [...]
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Getting to grips with ISO20022
ISO20022 is becoming the de facto standard for financial services messaging. This is undoubtedly a good thing – increasing globalisation is driving cross-border payments volumes so any harmonisation is welcome. Most central infrastructure providers, such as VocaLink, welcome the arrival of this standard on the basis that it potentially delivers strategic benefits: Service consolidation. There [...]
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Mobile banking transactions in UK double
Brits have now downloaded more than 12.4 million mobile banking apps while the number of transactions made using them has nearly doubled in a year, hitting 18.6 million a week in 2013 – figures from the British Bankers Association show. The Royal Bank of Scotland app has clocked up more than a billion logins since [...]
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Steep rise in detected and prevented fraud attempts for financial services
Experian has revealed a significant rise in detected and prevented fraud attempts in H2 2013 as financial services providers push forward in the fight against credit application fraud. According to Experian’s latest Fraud Index, the overall level of detected and prevented fraud attempts rose by 18% in 2013 across all credit products. In 2013, an [...]
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Spire Payments acquires Altius Plus for R&D and strategic positioning within Central Eastern European market
Spire Payments has acquired Altius Plus, experts in the development of payment applications, terminal management systems, loyalty schemes, ticketing solutions and client server-based architectures within the payments industry. With a client list including top Romanian Banks such BRD (Group Societe Generale) and BCR (Erste Bank Group) together with Raiffeisen Bank (Romania, Croatia, Albania, Kosovo) and Payzone [...]
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