OCC Turns up Scrutiny of Vendor Management

Feb 25, 2015 | OCC Vendor Management

By Laura Alix   In 2015, vendor management may be the new black. Or, if we’re going to use an industry-specific example, the new QM rule. That is to say, it’s an issue to watch this year. Of course, vendor management is nothing new for the banking industry. What...

Fed Paper Lays out Grand Payments Vision, Strategy

Feb 23, 2015 | Fed Payment Paper

By Laura Alix   Positioning itself as a “catalyst for collaboration,” the Federal Reserve System recently laid out its vision for a payments utopia and outlined several strategies for getting there, including the creation of two industry task forces sometime...

Long Live the Lockbox

Feb 9, 2015 | Lockboxes

By Christina P. O’Neill   Digital online, remote deposit capture and mobile payment systems are growing rapidly, but they haven’t eclipsed the growth of the analog lockbox yet. For some banks – and their customers – the lockbox remains a payment system...