Free Webinar: Retail Banking Outsourcing - An executive roadmap to optimizing branch operations

Sponsor: Diebold

Date: May 27, 2010

Time: 2:00pm EDT                                                                 

Register Here                                                                                      

Is strengthening operational efficiencies a top priority for your bank?

You are not alone. Banks around the world are seeking solutions to optimize branch operations and many have turned to outsourcing.

In this free webinar you will learn:

 Market drivers causing financial institutions to adopt:
       - Outsourcing of retail banking
       - Insights into how to reduce inefficiencies and cut costs in branch operations
       - The value outsourcing can have on branch operations

Register Here

Source: ATM Market Place

State Bank of India launches State Bank freedoM - Mobile Banking Service

Customers can transfer funds, view the balance & mini statements of their accounts, pay bills, request for cheque book, recharge prepaid mobile connections, view Demat Account details, top up Tatasky/ Other DTHs and conduct mCommerce transactions.

State Bank Mobile Banking Service, “State Bank freedoM”, was launched in March 2009 on a pilot basis in all the branches of State Bank of India offering its retail customers another alternate channel for simple, convenient, secure, Anytime Anywhere Banking experience. Registration for the Service has been enabled at ATMs and customers holding Debit Cards can register for the facilities without visiting any branch. The service is offered free of charge by the Bank. However, the customers will have to pay the charges levied by the telecom operators for the SMS/ GPRS.

Western Union, Absa to Offer Cross-Border Money Transfers via Internet and Mobile

First Money Transfer Service in World to Offer Seamless Platform Across Multiple Electronic Channels

South Africa's largest retail bank, Absa, and Western Union, a leader in global payment services, have enhanced their joint service offering to Absa accountholders by allowing them to conveniently access the Western Union(R) Money Transfer(SM)service to send or receive cross-border money transfers using either a cell phone or Internet banking.

Absa -- voted as Africa's most innovative bank -- and Western Union have developed a convenient solution for Absa accountholders wanting to transfer money to friends and family living abroad.