Category Archives: Banking

Top 5 Reasons to Use the Services of a Neo-bank Right Now

Tanvir Zafar July 19, 2021 The development of financial technologies, decentralized finance, and decentralized autonomous organizations (DAO) has contributed to creating and popularizing fundamentally new banking institutions – neo-banks that offer traditional banking products and innovative ones, such as crypto loans and crypto payments, and much more. Here are the top 5 main reasons why … Continue reading Top 5 Reasons to Use the Services of a Neo-bank Right Now →

How to Open a Business Bank Account (and Why You Need One)

Banking

Raani Starnes February 26, 2021 Wondering how to open a business bank account or why you might need one? Although it’s possible to run a small business using your personal bank account, there are benefits to having a dedicated account for your business. Keeping your business finances separate from your personal money will make it … Continue reading How to Open a Business Bank Account (and Why You Need One) →

RPA in Banking – Use-Cases, Benefits, and Steps

Banking

Mitul Makadia — November 25, 2019 Follow @mitulmakadia It is no secret that today, banks and other financial institutions have to evolve continually to provide the best customer experience to the users and remain competitive in the saturated financial sector. With massive counter competition from virtual banking solutions, banks are under immense pressure to boost … Continue reading RPA in Banking – Use-Cases, Benefits, and Steps →

The Visa Issuer Monitoring Program Could Transform the Merchant-Issuer Relationship

Banking

David DeCorte — September 30, 2019 If you’ve ever taken a peek at the Visa Core Rules, you’ll know that the card scheme’s regulations can be pretty in-depth and complicated. These rules govern interactions between cardholders, banks, and merchants. Everything from transaction timetables and processing requirements to guidelines for managing fraud are in the book. … Continue reading The Visa Issuer Monitoring Program Could Transform the Merchant-Issuer Relationship →

Organize Your Business Bank Accounts

Banking

Kara Perez — August 27, 2019 — August 27, 2019 It’s fairly common, in my experience, for small business owners to have unorganized business bank accounts. Some small business owners don’t even HAVE business bank accounts when they start their companies. While money is at the heart of our businesses, most people tend to think … Continue reading Organize Your Business Bank Accounts →

Credit Cards Nightmare

Banking

Credit cards nightmare in simple words, without overwhelming readers with strange banking terms they cannot understand, read and enjoy. Customer Acquisition Process Banks and Financial Institutions are in race to get you enrolled into their Credit Cards programs, marketing departments collect phone numbers, and people names, sales team do the targeting to enroll you … Continue reading Credit Cards Nightmare →

Reimagine In-Branch Banking: 5 Tips

Banking

Laura Bruck — February 7, 2018 Follow @EZShield — February 7, 2018 We’re losing a staple of Main Street faster than expected. Nationwide, bank branch visits have been cut in half over the past 20 years. According to data from S&P Global Market Intelligence, this drop has led to a rash closing of physical branches. … Continue reading Reimagine In-Branch Banking: 5 Tips →

When Is the Right Time to Break the Credit Card Chain? Try Never.

Banking

Georg Richter — June 25, 2017 — June 25, 2017 Mediamodifier / Pixabay A cardinal rule when it comes to online subscription sales: Never cancel a subscription order because a payment card transaction fails. Cards are declined for many reasons. They expire, they get stolen, they fall out of back pockets, and, yes, customers often … Continue reading When Is the Right Time to Break the Credit Card Chain? Try Never. →

3 Steps to Open a Business Bank Account

Banking

Matthew Baker — February 14, 2017 — February 14, 2017 According to several sources, many small business owners and self-employed individuals do not have separate business and personal bank accounts. A survey from Citizens Bank reported 26% of small business owners say they don’t have a separate bank account for their company. Another survey from … Continue reading 3 Steps to Open a Business Bank Account →

How APIs & API Management are Changing the Banking Industry

Banking

Naman Kapur — November 17, 2016 Follow @kapur_naman— November 17, 2016 Brace yourselves: the change in banking is coming sooner than you expect. The world we live in is increasingly changing with each passing day, i.e., going digital and interconnected where devices not only talk to us but also with each other. Banking isn’t going … Continue reading How APIs & API Management are Changing the Banking Industry →