BankThink

Banks Load Up on Cheap Debt; Supervalu Hacked?

For some time now, I’ve been using the mobile alerting capabilities offered by my bank and card issuers. The reassurance from knowing that I’ll be notified via text message of typical and not-so-typical transactions puts my mind at ease and gives me a sense of playing a part in the fraud prevention game.

The time spent preparing these reports has increased exponentially over the years, leaving bankers with less and less time to help customers, and communities, prosper. Allowing highly rated banks to file short-form call reports could significantly ease that burden, writes the ICBA's Camden Fine.

Banks can use advanced database marketing techniques to identify current customers who may be shopping for a mortgage, writes Garth Graham.

Amazon Jumps into Card Readers; New Subprime Mortgage Trend?

Between record low net interest margins on credit card portfolios, continued downward pressure on debit card interchange rates, industrial-grade fraudsters, and anemic consumer spending, the ability for banks to profit from their payments businesses has never been more challenging.

Social media won't drive profits until banks figure out how to direct traffic to their blog and provide the kind of emotional content that people like to share, writes John Siracusa.

Though leveraging credit prescreening can be complicated, organizations that are proactive in developing clear policies and processes can safely market themselves to desirable customers, according to consultant Rich Walker.

Housing Recovery Stalls; Ocwen Financial's Woes

All of us who work in the technology sector can play a part in helping to figure out how to deliver economic services to nearly half of the world’s population, many of whom live without access to basic financial services such as a savings account.