Our blog is dedicated to sharing our thoughts and expertise about the banking industry and how you can experience quantifiable results for your financial institution. We invite you to hear the perspectives from our banking professionals through our posts.
While a current group of experts is loudly touting the importance of financial technology, or fintech, community institutions must evaluate for themselves whether it is really the end-all, be-all to running their organizations. They also should ask whether fintech is vital to competing with large FIs and, if so, whether any data processing company in […]
As the article title insinuates, there are many examples of the two sides of any interchange story – sale vs. purchase, interchange paid vs. interchange earned (aka acquiring vs. issuing OR expense vs. income), SIG vs. PIN, card-present vs. card-not-present. The list is nearly infinite. For our purposes though, let’s focus on an age-old example of the two basic sides to every story.
Many financial institutions provide ATMs at each branch location because that’s the way it’s always been done. However, is this profitable for the financial institution and how would you know? ATMs first appeared in the late 1960s, and by 2015, there were nearly 3.5 million ATMs installed worldwide, according to the ATM Industry Association (ATMIA). They […]
Convenience is still the No. 1 driver in delivery channel development. It’s just that “convenience” continues to be redefined at a rapid pace in today’s world.
Experts expect the bank mergers and acquisitions environment to remain highly competitive in 2019 due to continued strong earnings in acquiring banks, along with relatively good stock prices
This BAI infographic highlights some of the industry trends that may impact your bank in 2019. In this blog series, we’ll address some of the trends and how you can be sure that your bank is ready to survive and thrive.
Profit Resources (PRI) has helped many community institutions get their piece of the pie. Do not allow your processor to make your card brand decision for you... it will cost you more than you know.
You are suffering from PHOBIA if you have a card brand loyalty agreement negotiated by your processor for you. If so, it may be time to handle your own brand incentive agreement.
