We’re pleased to announce a new Dragnet Solutions Web seminar: Growing Profitable Accounts in Challenging TimesMay 7, 2014 11:00 a.m. PT/2 p.m. ET REGISTER NOW For many financial institutions, non-interest income remains flat, and regulatory burdens grow heavier by the year. Banks, credit unions, and other institutions all need to find new paths to profits. One […]
Without launching new mobile apps or remodeling branches, institutions can take immediate steps to help grow profitable accounts while reducing losses from fraud and charge-offs. Here are 5 steps for making business more profitable and less risky. Run the numbers, and understand the cohorts in your customer base. You’ve probably analyzed your customer base, know […]
Moving beyond Today’s IT Security Silos Can financial institutions make authentication more convenient and flexible for customers without sacrificing the rigor of the IT security? This question came up repeatedly at the recent BAI Payments Connect Conference in Las Vegas. Today, most institutions enforce different and limited authentication requirements for each channel: branch, Web site […]
Technology has changed dramatically over the past decade, but for many institutions, account opening has changed little since the advent of Check 21. As a result, institutions are missing opportunities to improve customer experience and operational efficiency. Read this white paper to learn how financial institutions can take advantage of recent advances in software architectures and scanning technology to make account-opening more pleasant for customers and more cost-effective and profitable for institutions.
We’re pleased to announce that we’ve just certified two Epson scanners, the TM-S2000 and the TM-S9000, for use with Intercept, our real-time ID document authentication service. We’ll be demonstrating the two products working together in Booth #313 at BAI Payments Connect next week in Las Vegas. (For more about Payments Connect, see the official Web […]
Dragnet Solutions, Inc. is pleased to announce that Jeff Sargent has joined the company as Eastern Regional Director of Sales. Jeff will be responsible for introducing Dragnet account-screening and identity verification solutions to financial institutions in the Eastern U.S. Drawing on his experience in the Alternative Financial Services (AFS) market, his work will include introducing Dragnet Accelerated Insight to institutions interested in serving the unbanked and underbanked.
Lessons in Core Technology, Integration, and Customer Security from the NAFCU Technology and Security Conference
Presentations at this year’s NAFCU Technology and Security Conference focused on a few key themes, which we came to imagine as layers making up a credit union’s IT environment, starting with a core system at the center, moving out to integrations with various other systems such as identity verification and account-screening services, and eventually reaching that all-important community, customers.
By breaking “Big Data” down to some of its constituent components, financial institutions might find a useful road map for upgrading some critical IT services without having to embark on bold, expensive, and risky IT initiatives.
To begin, we need to get beyond that catch phrase, Big Data. It’s time to dispense with the hype and ask what Big Data really is.
BAI Retail Delivery 2014 November 12-14, 2014 Chicago Leveraging BAI’s extensive reach and long-standing relationships with retail banking executives worldwide, BAI Retail Delivery draws the largest and most influential group of financial services leaders of any industry conference, fostering extensive opportunities for idea exchange and inspiration. Dragnet Solutions will be exhibiting at this conference. […]
If some financial institutions find it difficult to grow profits from their DDA business, it’s probably because of the column of numbers listed here. The typical bank or credit union spends $150 to $200 to acquire a DDA account customer. About 12-15% of those customers will turn over every year, and only 40% of them […]