06 February 2016

Electronic Bank Account Management

A Finextra Community Group

5Posts 27,481Views 1Comments

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a non-active Finextra member

UK account switching gathers pace

24 April 2014  |  2607 views  |  0  |  Recommends 0

Customer experience the key as UK account switching gathers pace The in-bank customer experience has always been important for financial institutions, but two current trends are placing even greater emphasis on this point of contact Firstly, switching bank accounts has never been easier. Since the UK Payments Council introduced its current acco

TagsRetail bankingTransaction banking
Chris ErringtonGresham Computing plc - London

FCA rules on client money loom: are you ready to reconcile?

26 March 2014  |  4682 views  |  0  |  Recommends 0

While innovations such as Faster Payments in the UK have accelerated banks’ transaction processing, many client money managers are still lagging. Manual processes are still prolific and this can result in inaccuracies when matching incoming cash receipts to outstanding invoices with virtual accounts. Regulatory pressure is on the up when it comes ...

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Vilmos Levente KovacsSimplexion Informatikai Kft. - Budapest

Why all bank closed at weekend?

24 August 2011  |  5483 views  |  1  |  Recommends 0

Since Saturday became non working day bank have been the only closed service on weekend. Although in that accelerated world retail purchasing is shifted to weekend. Paying cashless seller only can rea...

TagsPost-trade & opsRetail banking
a non-active Finextra member

My impressions of the EBAM event

26 February 2010  |  9432 views  |  0  |  Recommends 0

I just returned from London, where I attended a two-day conference on EBAM (more specifically, SWIFT EBAM). While it was a relatively targeted audience (approximately 60 people were in attendance), it...

TagsPost-trade & opsWholesale banking
a non-active Finextra member

That's the way we've always done it

08 July 2009  |  5277 views  |  0  |  Recommends 0

I can’t agree more with Hilary Ward from Citi. In her recent article on GTNews, Hilary talks about the benefits of automating the process around on-boarding and bank account management, between corpo...

TagsSibosWholesale banking
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Founded by Retired Member
Date 17 Jun 2009
Group profile
A group for discussion of how banks and corporates are moving towards standardisation and more efficient, automated processes for opening, maintaining and closing bank accounts.
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