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Why We’re So Excited About FinTech

Banks are not glamourous — FinTech is. It’s fancy to get excited over FinTech these days. But why exactly should we? Some background information for novice readers: FinTech means financial technology. It encompasses a new wave of companies changing the way people pay and send money, but also borrow, lend, invest. The most disrupted sectors — or at least […]

Bank of America’s Mobile Deposit Volume Booms 30%

Bank of America might be lagging some of its competitors in mobile banking user growth, but the bank is increasing its remote deposit business at an enviable rate.  The bank said yesterday that 13% of its deposits last quarter — or roughly $4.5 billion of a total $34.2 billion of new deposits last quarter, by our […]

The Seven Steps to Cost Savings

Back in 2011, the U.S. Department of Treasury mandated the implementation of electronic invoicing in support of President Barack Obama’s campaign to cut waste. In the case of the federal government, this executive order reduced the cost of invoicing by as much as 50 percent, or roughly $450 million per year.

Expert Interview Series: Authorize.net founder and Payment Gateway inventor, Jeff Knowles

Payment Gateways play an integral role in facilitating ecommerce. Without the creation of a secure method for moving sensitive data the ability to conduct non face to face commerce could not have happened. Today there are many gateway providers serving up diverse solutions. But before 1996 there was no option. We wanted to understand the history and […]