Archive for June, 2012

Payment technology changes consumer perceptions of money

June 29, 2012

Many consumers who are still wary of electronic wallets, but want to explore new convenient ways of paying for items are utilizing new payment technologies that do not require them to input their personal financial information. Experts say that these new types of payment technology are becoming popular among demographics that are concerned about their [...]

Posted in Banking, Mobile Banking | No Comments »

Executives, Employees Disagree On Social Media’s Impact on Workplace Culture

June 25, 2012

Social media services are designed to connect individuals, offer networking opportunities and provide several channels for social interaction. However, when it comes to the role of social media in regard to building a workplace culture, executives and employees have different opinions about the impact of popular networking sites. According to a Deloitte study conducted by [...]

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Square adds loyalty features to boost customer base

June 21, 2012

Millions of small businesses and individuals have turned to Square technology to accept credit cards, giving customers more payment options. However, as many Americans become more interested in the convenience of electronic wallets, some retailers fear that credit cards will be phased out. In an effort to encourage consumers to continue using credit cards, Square [...]

Posted in Finance | No Comments »

Mobile technology impacts business relationships with customers

June 12, 2012

Online shopping, mobile banking and electronic wallets have changed retailers’ and banks relationships with customers. As consumers can more conveniently and expediently shop from home or with their mobile devices, many businesses are losing face time and more personal interactions with their customer base. However, experts say there are various ways that businesses can still [...]

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Mobile Remote Deposit Capture: Meet the Pocket Bank

June 5, 2012

It would be so much easier if all customers adopted the same new technologies, all at the same time, and if we knew it was coming, say, a year in advance, so we’d have plenty of time to plan and implement the appropriate strategies. But customers are all over the place. Some want to talk [...]

Posted in Banking, Mobile Banking | No Comments »