Mobile banking users are not necessarily more affluent than nonmobile bankers, according to Boston-based research firm Aite Group, and credit unions should invest in debit cards, prepaid cards and merchant-funded awards to attract new members.
clearXchange billed as the first bank-owned P2P; credit union impact seen more in long term.
Capgemini, UniCredit and Efma recently published their annual World Retail Banking Report. Lots of interesting data in the report, definitely recommend that you give it a look.
Kinect for Xbox 360, a controller-free, $150 gaming device that allows users to operate their Xbox consoles solely through bodily gestures and voice commands, has made a splash among video game and electronics enthusiasts. But is there a practical application for Kinect outside the gaming world–say, in credit union branches?...
A combination of factors has credit unions seaching for noninterest income in earnest.
Guest blogger Matt Davis works in applied research at the Filene Research Institute in Madison, Wis.
While it may be unclear if the two are connected, some financial advisers that use social media professionally are seeing higher revenue growth and larger client bases compared to advisers that do not use the network channels.
Where and how to spend scarce information technology dollars is the focus of a new report from the Filene Research Institute.
When consumers spend their money, they don't just spend it on businesses and organizations in exchange for goods and services. They also spend it on each other.
Social media has become a lightning rod for debate. While its detractors say it's all hype and its evangelists tout social media as marketing's great panacea, the reality of its merits lies somewhere in the middle.