Providing businesses with mobile banking and preventing fraud were top of mind for a group of banking brass gathered for a confab in California earlier this year. Social networking, maybe not so much.
|Fundtech Ltd., a provider of global payment processing and ACH solutions, said more than 100 transaction banking executives from 53 American financial institutions participated in the polling in May at its Insights Conference in Santa Monica.
|Fundtech, based in Jersey City, N.J., and London, said 39% of the respondents planned to deploy mobile business banking services within the next 12 months, 53% said payments fraud monitoring is their biggest challenge and 23% "think adding social networking to business banking is a 'ridiculous idea,'" although 36% thought there was some potential to it.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
