Posts Tagged ‘Bill Pay’

Are you at risk for person-to-person bill pay fraud?

Are you at risk for person-to-person bill pay fraud?

Financial institution employees and accountholders should be extra cautious of the increase in transaction risk especially when someone signs into online banking and creates a P2P bill pay type of transaction. Adopt fraud monitoring tools [...]

Getting to know you, all about you

Getting to know you, all about you

Digitally connected people expect their days to go something like this: Put on an outfit handpicked by Stitch Fix based on preferences, body type and budget. Order a few household necessities from Amazon, recommended from [...]

Why it pays to address consumers’ concerns about bill pay security

Why it pays to address consumers’ concerns about bill pay security

Consumers want to move money quickly and easily, but they also have clear ideas about security. Financial organizations and billers that are able to check all the boxes – convenience, speed and security – position their organizations [...]

Bill pay trends and how to compete

Bill pay trends and how to compete

Bill pay is no longer limited to desktops or even financial institutions. New players have recognized the inherent value of a bill pay relationship and have big plans for capturing that business. What can your [...]

Bill pay rewards improve consumer engagement

Linking rewards to important activities that increase engagement, reduces attrition and improves loyalty is a way to move past traditional barriers to adoption. by: Tom Roberts It’s a classic win-win scenario. Well-constructed rewards programs [...]

Mobile is key to boosting credit union bill-pay adoption

Mobile is key to boosting credit union bill-pay adoption

Entice members away from biller websites Financial institutions must take action to alter the fate of flat online banking adoption through 2018, says Javelin Strategy & Research. The company estimates financial institutions can increase household [...]

Maximize Noninterest Income with a Transparent Sales Culture

Align your efforts to best serve your membership's needs. To grow noninterest income in today’s economy, credit unions must focus on the areas they can control—in particular, building deeper relationships with current and [...]

Consumers Rank Available Financial Services

A recent study on financial services shows a high demand among consumers for identity theft alerts, same-day bill pay and others. The report was produced by Market Rates Insight Inc., which examined 13 developing financial [...]

Automatic Payments Are Great, But Be Watchful

Automatic Payments Are Great, But Be Watchful

BY SIMON ZHEN In the very hectic lives that we lead, having to pay the monthly bills is a just another chore that sucks up our time. To make it easier, there’s automatic payments — [...]

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