Small business is big business for a growing number of smaller financial institutions, and mobile RDC is helping to drive this trend. One in five banks with assets under $100 million today offers mobile deposit to small business customers, according to the consulting firm Celent…
Read more Payments is a business fraught with risks, not the least of which is fraud. The possibility that a check or other form of payment used in a transaction might turn out to be fraudulent has been a perennial problem for financial institutions and their customers. Fortunately, check fraud losses are…
Read more There has been plenty of discussion – including here at Cachet – about the opportunities the mobile channel creates for financial institutions to attract a new generation of consumers, namely Millennials. However, as large a group as it may seem Millennials lack the financial clout of…
Read more Although Americans may be writing fewer checks today than they were 10 years ago, checks are not about to go the way of dinosaurs. In fact, we still write checks totaling $26 trillion a year, according to the Federal Reserve Bank of Atlanta. For financial institutions this has meant finding ways…
Read more Now that the Thanksgiving holiday is behind us, and our year-end rituals kick in (like shopping and budgeting), it seems a good time for reflection and planning. Not just as individuals; reflection and planning is critical to business success, too. This is especially the case as generational…
Read more It’s sounds incredible, but it’s true: in 21 st Century America more than one in four households is either unbanked or underbanked, according to the Federal Deposit Insurance Corporation’s (FDIC) latest national survey. In addition, the ranks of the unbanked and underbanked are…
Read more There was magic in the air in Orlando last week, and it wasn’t limited to Disney. As a lead sponsor of the RDC Summit we worked some magic, bringing to the stage a captivating and memorable performance by David Harris, a renowned corporate entertainer. David’s little sleight of hand…
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