Archive for June, 2009

Celent Senior Vice President Neil Katkov, Asia Research Group Celent Senior Vice President Bart Narter, Banking Group This event is only open to Celent clients. Please click here for more information.

Jun 26th, 2009 | Filed under Events

“A Different Kind of Bank: Why you’ll Never Need a Branch Again” was the title of last evening’s USAA Webinar merchandizing its mobile banking initiative. USAA was the first bank that we’re aware of to deploy remote deposit capture to consumers in any meaningful scale. With three years under its belt, USAA now supports well […]

Jun 26th, 2009 | Filed under Corporate Banking, Retail Banking

I am currently in the process of wrapping up Celent’s latest round of HSA (health savings account) benchmarking. The report is due out shortly, but I thought I’d share a “sneak peek” of one of the report’s most surprising findings. In the latest round of our benchmarking study, we asked banks and HSA administrators a […]

Jun 24th, 2009 | Filed under Healthcare Banking

The press seems to focus a lot of its coverage on competition for retail banking business in Asia, but from where I sit it looks as though the corporate banking side is at least as hot, if not more so. One reason is that retail products and services are already fairly well developed in the […]

Jun 21st, 2009 | Filed under Banking, Corporate Banking

At the end of April I had the opportunity to attend Finovate Startup in San Francisco. I already blogged about my experience the day after returning. I also decided to writeup a report on financial technology startups – that report will be coming out next week. I decided to produce the report because much of […]

Jun 18th, 2009 | Filed under Retail Banking

The inverted bell shaped curve in DDAs. The most profitable DDA customers are those at the top of the scale who keep large balances and provide low cost deposits, and those at the bottom of the scale who keep very low balances and generate NSF or overdraft fees. They subsidize the other half of customers […]

Jun 16th, 2009 | Filed under Banking

Despite not having researched the mobile banking & payments in quite some time, I’ve recently been in closer contact with this space, including Celent’s I&I Day (see Jacob’s post below) and conversations with a number of industry players. Through this renewed contact with mobile, I’ve been reminded of the addage, “the more things change, the […]

Jun 12th, 2009 | Filed under Retail Banking

NACHA and the ACH have been on a roll for most of the decade, posting impressive network transaction growth rates year after year. From 2000 through 2008, total ACH volume (network + off-network) has almost tripled from 6.9 billion to 18 billion transactions. But from our perspective, the Glory days are nearing an end. This […]

Jun 10th, 2009 | Filed under Corporate Banking

Celent held its 2nd Banking Innovation and Insight Day last Wednesday. The event was a great success, and attendance was up 10% over the 2008 event. That’s a mighty impressive feat given current economic conditions. The Celent/Oliver Wyman team delivered very interesting and captivating presentations: We opened up with a great presentation by Celent SVP, […]

Jun 8th, 2009 | Filed under Banking

Celent’s AML vendor evaluation reports have become something of a de facto standard, referenced by banks and regulators around the world. We began covering the sector in 2003, and are about to start work on our 3rd edition of the report. AML has not gone away as a concern for banks; indeed it has expanded, […]