Device shines light on fraud.
Byline: ED RUSSO The Register-Guard A small device resembling a kitchen appliance more than a crime-fighting tool is helping Wells Fargo detect fraud. Branches throughout Oregon and other states are getting the devices so tellers can detect counterfeit money, bogus checks and fake credit cards....

Applying the feedback loop to payment innovations.
As we approach the end of the year, it is wise to think about the significant changes which have take place this year and how riley will impact the coming year. One of these certainly has to be the adoption of new payments devices by our customers, both commercial...

Most customers prefer to have their money in a single place. (Figuratively Speaking).
Percentage of banking customers who say it wouldn't take much to persuade them to move their business elsewhere, according to NewGround Resources: 48 Average number of years banking customers have stayed with their current bank: 10 Percentage of customers who complain about fees and minimum...

New frontiers in free Enterprise. (In Brief).
You probably thought you had enough competition already, what with expanding national banks, insurance companies and brokerage firms all encroaching on your turf. Time to make room for one more: dear old alma mater. Drexel University recently opened AJDrexelBank.com, an online consumer bank available to students, faculty,...

Nat'l e-commerce congress to lead SMEs to profitable, affordable IT.
How small and medium enterprises (SMEs) can do e-business affordably and profitability is the thrust of the 2nd National E-Commerce and Exhibit, which will be staged at the Philippine Trade Training Center (PTTC) on December 2 to 4. The details and mechanics of how affordable and profitable...

What do they want from US? (Marketing News).
Convenience, mostly. More branches, more ATMs, longer hours, drive-through services and, in a limited way, Internet services. But a sort of residual ambivalence about Internet banking continues to linger in consumer' minds. These observations are the product of a new survey conducted by researchers at the University...

Avoiding fraud when shopping online. (Consumerism).
The National Fraud Information Center (NFIC), a project of the nonprofit National Consumers League, was established in 1992 to combat the economic and social menace of telemarketing fraud. In 1996, the Internet Fraud Watch (IFW) was created to operate with the NFIC, expanding the scope of the League's fraud-fighting...

Digital lobby sign: something to keep an eye on.
A new digital sign in the Lobby of the Bergen Commercial Bank, Hasbrouck Heights, N.J., can be programmed to automatically change and update content throughout the day. The signage is used about 50 percent of the time to promote community events. At other periods, the digital sign informs customers...

Class action bar discovers free trial offers and Reg E.
Free trial offers and other types of advanced consent marketing techniques have been a prime target of regulatory scrutiny by both the Federal Trade Commission (FTC) and the State Attorneys General. Free trial offers were subject to specific disclosure requirements under the Telemarketing Sales Rule, and numerous enforcement actions...

Online rivals seek slice of remittance market. (Politics).
An estimated $800 million in remittances are sent annually by Cuban-Americans to their families and friends in Cuba. Getting that money to the island has spawned a lucrative business in itself. For a long time, independent services like Montreal's Antillas Express and Miami's Va Cuba were the...