Finovate is part of the Informa Connect Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
September, October and November are traditionally great months for new product announcements. True to form, at least five major U.S. mobile banking announcements appeared last week. Brandon McGee posts a quick synopsis here. Of special interest were the announcements by Firethorn/CheckFree and Monitise/Metavante, all of which will be presenting at our upcoming FINOVATE conference in Read more…
In 2007, we'll be spending more time researching mobile banking, payments, and finance applications. So that we all understand each other, here are some of the key terms that will be used: General terms/acronyms: SMS >>> Short message service (also known as text messages, texts, SMSes, txts): A service available on most newer mobile devices Read more…
Yes and no. PayPal offers a full range of payment services that includes debit and credit cards, a savings account paying more than 5%, and loan options on major eBay purchases. Sounds pretty much like a bank, doesn't it? But are they the biggest? According to eBay's earning release yesterday, PayPal ended the quarter with Read more…
We are huge fans of Wired magazine <wired.com>, having read just about every one of its 190 monthly issues. In fact, eight or nine years ago I used to tell friends that the goal of Online Banking Report was to translate the technology magazine into "banking terms." I still recommend the magazine to anyone Read more…
In the 2002 study of small business, TNS (formerly NFO Global Financial Services) looked at which banks had the largest share of small businesses relationships and which were ranked highest by small business clients. SunTrust ranked highest in customer loyalty, followed by Wachovia and Washington Mutual. 1. Bank of America Pros: · Three Read more…
Looking at the entire universe (including self-employed and contractors), for 2004 we project growth of 2 million new small business online banking users, a slight decline from the 2.5 million who came online in 2003. And the rate of growth, due to the higher base, will slow to 17% from 2003’s 28% (see Table 9, Read more…
Types of Small Business Small business means different things to different people. For the sake of simplicity, in this report we’ll usually use the term “small businesses” to refer to the following segments: Two major classifications used in this report: 1. Microbusiness: Basic financial needs, such as Quicken support, simple invoicing, credit card processing, bill Read more…
By Annette M. Jacobs, CEO SafeHarbor Online banking is no longer a competitive advantage. Today, the value is to offer an experience that is simple, user-friendly and provides the highest completion rates. Customer satisfaction with the quality is critical. Online banking customers have high expectations regarding system reliability and content quality. The level of sophistication Read more…