A check is still the best P2P payment vehicle? Some say, "Sad, but it’s true!"

March 1, 2016 / 0 Comments

The vision of P2P payments is like a dream for mobile app vendors and bank executives who love digital payments. Let’s say you want to give or pay money to a friend, relative, or even small business. I recently went through this exercise several times.

And guess what? To my surprise, the best option was still a check!

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The Key to Controlling Medical Claims Billing Costs? INTEGRATION

February 17, 2016 / 0 Comments

It’s a safe bet that there will be a great deal of talk at this year’s HIMMS Conference (February 29 – March 4 in Las Vegas) regarding integration in medical claims billing.

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Omni-Channel Strategies Demand Cross-Channel Consistency

February 8, 2016 / 0 Comments

During the Omni-Channel Capture: An Evolving Strategic Direction webinar recorded live at the RDC Summit 2015 (free for RemoteDepositCapture members here), the panelists agreed that Omni-channel delivery strategies, pioneered by hospitality and retailing companies, are becoming absolutely vital for financial services.

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ECCHO Continues Strong Leadership, Reaches 25th Anniversary Milestone

March 26, 2015 / 0 Comments

In an era where “checks were away”, who would believe there are still 18B per year remaining. Luckily for financial institutions and the payments industry, we have an organization who providers leadership around checks; instituting rules which facilitate better, faster and more fair payments!  Thank you ECCHO. The list of accomplishments is impressive.  Check out…

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ABA Tool Looks Useful for Finding Routing Numbers for Consumers, but Will It be Helpful for Bankers?

March 24, 2015 / 0 Comments

The new American Bankers Association tool for finding routing numbers could be very helpful for consumers looking for routing numbers (also referred to as routing and transit/R&T). “Routing numbers are only issued to federal and state chartered financial institutions that are eligible to maintain an account at a Federal Reserve Bank. Accuity is responsible for the assignment…

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Alternate Branching Strategies to Enhance your Geographic Footprint

July 21, 2014 / 0 Comments

The summer 2014 newsletter from industry consultant, Trent Fleming, identifies important considerations for community and large banks on how to leverage technology to complement branch “brick and mortar”.

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Advice to Banks Seeking to Introduce Medical Banking Services to Healthcare Providers

April 15, 2014 / 0 Comments

Former Health and Human Services Secretary and Governor of Wisconsin, Tommy Thompson is interviewed by healthcare payments expert, Mark Brousseau, President of Brousseau & Associates in Q&A Session #11. Gov. Thompson believes financial institutions, including all banks, can add value to the revenue cycle process. Banks can be a supportive member of an integrated system for healthcare providers.

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The Real Reason Branch Traffic is Declining… Speed

December 5, 2013 / 0 Comments

I recently interviewed our Senior Integration Support Engineer, Boaz Ron, related to how he felt about going into a branch. His thoughts were the following: if I can get a deposit done through my phone, computer or ATM in under 20 seconds, why does a teller take longer? An ATM can dispense cash faster than tellers and there is always some old slow guy holding up the line.

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