Chexar reaching underbanked customers Atlanta Business Chronicle by Doug DeLoach, Contributing Writer Date: Friday, February 10, 2012, 6:00am EST It can be difficult sometimes identifying which came first, the development of a technology that fits a niche or the development of a niche for which a particular technology happens to fit. Regardless of which scenario …
Read More
Regions bank pursues non-customers for business 0
Services aim to make up profit lost to rules, soft loan demand By Bobby Allyn | The Tennessean Regions Financial Corp., the biggest bank in the Nashville market, has started TV and print advertising in Middle Tennessee aimed at capturing a share of business from customers who don’t keep checking or savings accounts. “Banks are …
Read MoreWhy Banks Shun 30 Million Americans 0
Christian Science Monitor | 06 Jan 2012 | 09:51 AM ET As read on CNBC. They are 30 million consumers, representing a quarter of U.S. households, who earn a collective $1.3 trillion a year. But banks don’t want to serve them, because they lose money. And the nonfinancial institutions who do serve them may not …
Read More12 Big Ideas for 2012 0
As read in the American Banker magazine. JAN 1, 2012 ONE: THE HEALTH-WEALTH PORTAL Banks know health care is a big opportunity. They are spending more than $100 million a year acquiring and building technology to process claims and other transactions for providers of health services, according to the Healthcare Information and Management Systems Society …
Read MoreRegions pursues unbanked 0
Fee-based services like check cashing offered to those without accounts. J. Scott Trubey – Staff, Atlanta Journal Constitution Regions Bank, the sixth-largest bank in metro Atlanta, is pursuing revenue from services long ceded to Walmart and the so-called shadow banking industry. More than 60 million adults in the U.S. either don’t use traditional banks or, …
Read More