American City Business Journals Inc.

Recent Events

News & Analysis

american city business journals inc. and bank - All News and Analysis

• Bank Industry Prepares For Electronic Check Law

  BNET - 2004-08-13

  Most banks believe that the introduction of new banking rules will help in checking frauds. The new rules allow banks to process cheques electronically. Experts say that it could hamper investigations into forgeries and other crimes. The banks believe that the rules could encourage more customers to use online banking...

  Tags: Bank, American City Business Journals Inc., Online Banking, Bank Industry, Banking, Financial Services

• Banking On The Net

  BNET - 2004-07-30

  From the executive summary: ‘Internet banking, with the assistance of willing customers, is saving money for financial institutions. Internet systems are relatively inexpensive compared to bank employees and even automated teller machines. The Internet is the cheapest method of delivery for transactions, while the branch is the most expensive. Banks,...

  Tags: Bank, American City Business Journals Inc., Internet System, Internet, Banking, Financial Services

• Banking On Convenience

  BNET - 2004-03-26

  From the executive summary: ‘Till a decade ago, plasma screens TVs, Internet kiosks, and coffee stations were not even viable options in bank branch design. But today, the aforesaid items are becoming as common as teller windows, money-counting machines, and automated teller machines. And, most local bank locations have joined...

  Tags: American City Business Journals Inc., Bank, Banking, E-business/E-Commerce, Financial Services, Internet, Management, Online Banking, Strategy

• The Check's In The (E-)Mail

  BNET - 2004-01-23

  From the executive summary: ‘Banks are so good at clearing items today that most of that float is gone already anyway. Any revenue that banks make from float management could also be reduced. For banks the new law will ultimately result in cost savings in transportation of checks and back-office...

  Tags: Bank, American City Business Journals Inc., Transportation, Financial Services

• Check Imaging Makes Transfer, Storage, Sorting Easier For All

  BNET - 2003-03-28

  From the executive summary: ‘The days of stuffing bulky envelopes of canceled checks into drawers and boxes in the bottom of a closet are becoming a thing of the past. Increasingly, banks, particularly small, community-oriented banks, are using check imaging instead of returning canceled checks as a basic service for...

  Tags: Bank, Check, American City Business Journals Inc., Storage, Imaging, Document Management, Financial Services, Enterprise Software, Software, Finance, Managerial Accounting

• Banks Face Tough Fight On Bill-Pay

  BNET - 2001-05-04

  From the executive summary: ‘The electronic bill payment procedures have become immensely popular in the corporate sector. Electronic bill payment customers receive their bills and make payments via their computer. Such systems save money on billing and payment processing, and customers save on the cost of checks and postage. In...

  Tags: Bank, Payment, American City Business Journals Inc., Bill Payment

• Internet Banking Helps Level Playing Field For Banks, Thrifts

  BNET - 2000-12-12

  With the advent of Internet revolution, online banking has become widely popular. The concept of Internet banking is growing by leaps and bounds. As a result of online banking procedures, people can check their account balances, transfer funds among accounts, and pay their bills online. Most organizations are also developing...

  Tags: Bank, American City Business Journals Inc., Internet Banking, Online Banking, Banking, Internet, E-business/E-Commerce, Financial Services

• Banking Online Replaces Standing In Line

  BNET - 2000-11-03

  The trend of standing in long queues for getting the bank cheques cleared is passé. The traditional forms of banking procedures have given way to new and improved banking techniques. Today, people can browse through their accounts at the click of a mouse. Most banks today provide the option of...

  Tags: Bank, American City Business Journals Inc., Banking, Financial Services

• New Money

  BNET - 2000-02-25

  From the executive summary: ‘Though much of the early focus has been on electronic bill payment, bill presentment is possibly even more important to banks. It is a digital version of the lucrative multi billion-dollar business of lock-box services banks already provide to corporate clients, receiving, and processing customer payments....

  Tags: Bank, American City Business Journals Inc., Bill Payment, Financial Services