Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
TowerGroup Be a technology leader
NEEDHAM, Mass. (12/11/09)--Consumer-based financial institutions, including credit unions, either can choose to be technology leaders or be pulled into a wake created by competitors, according to TowerGroup research. TowerGroup recently released a study, “Emerging Consumer-Facing Technology Trends: Change is the Only Constant,” which focuses on the technological changes that will affect financial institutions in the future. “Web 2.0, mobility, rich Internet applications and social networking must be come part of a consumer banker’s vocabulary, or the phrase ‘Do you want fries with that’ will,” the study said in its findings. Technology vendors also should help financial institutions create realistic business cases for emerging technologies and demonstrate their business value--more than just their “coolness.” Several consumer self-service technologies have already demonstrated economic value--such as account alerts, e-statement and check images, account-to-account transfers, and expedited payments, TowerGroup added.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago