- David Thomas elected CBA Chairman; Lynn Pike Chair-Elect
David Thomas, Vice Chairman- Retail Banking, Bank of Hawaii, Honolulu, was elected Chairman of the Consumer Bankers Association. Lynn Pike, Managing Director of Consumer Banking & Distribution, FleetBoston Financial Corporation, Boston, was elected Chairman-Elect, CBA President Joe Belew announced. As Vice Chairman and member of the Managing Committee of the ......
- Banks Battle for Key ATM Spots
Small store owners discover cash machines are not always cash cows while big retailers opt for major bank-branded machines.
- ATM FEE DISCLOSURE.
Most banking laws carry a one-two punch. Banks get something they want, and consumerists get something the banks don't want. Comparatively speaking, the new law has less of this, but, as the privacy section above demonstrates, it wasn't wholly lacking in new duties. Another example is automated teller machine fees, ......
- Peering into the Future of Online Banking Security
With the deadline for meeting new requirements for strengthened online banking security less than half a year away, two words have become pertinent: risk assessment.
- Citibank goes global.
Citibank's decision to join the System Inc. network of automated teller machines is part of a global strategy to provide uniform service to customers around the world. Under the agreement, Citicorp will share at least 75% of the 1,200 ATMs it operates in the New York area. Altogether, the link ......
- High-tech banking centers add value to
branches.
The banking industry is split into two camps," says Robert E. Moll, a director with Arthur D. Little, Cambridge, Mass. "One camp is struggling with ways to keep customers out of the branches so they can lower their operating costs, and the other is figuring out how to leverage the ......
- Survey shows retail banks aren't
retailing.
Survey of more than 100 customers exiting their primary banks shows most long-term retail banking customers cannot name a majority of the bank's products, although customers visit the bank more than once a week. As a result, the industry is increasingly vulnerable to losing its customers. The Stern Marketing Group, ......