Tag Archives: banking

#AFP2011 – I have no direct insight after all. Some news on #cashmanagement #onlinebanking

I did technically go to AFP this year but didn’t attend sessions. Instead I got a little exhibit hall time and connected with customers and associates.

I will say that it was well attended and the crowd was interactive. As far as cash management banking software vendors. The verdict is still out on what will happen with FundTech and BankServ combination. And the ACI – S1 combination will be tumultuous – especially for the folks at S1. Fiserv continues to invest in Corillian commercial services but they aren’t all there, the Fiserv Ecorp Product survives and BankLink chugs on. But no breakthrough there. FIS same old ADP Brokat mash up.

We have our BFS, the iteration of Magnet that is in its third gen with still superior functionality but still not part of our unified platform. Look for that in 2013, with cross platform small business solutions in 2012. We did have strong interest in our new Business Mobile Banking and the market segmentation that allows for packages and unique user experiences for small business has helped our banks gain fee income and retain customers. We will leverage the Intuit small business franchise heavily in 2012 – that will be market changing.

#Intuit Financial Services will be at #AFP2011 with #digital #banking – sold to and provided by #banks and #credit_unions

Intuit’s online business banking and small business solutions, Business Banking and Business Financial Solutions (BFS), had great interest at the client conference and we continue to explore new avenues for our financial institution client’s business customers. From integration of new payment methods and merchant services like mobile payments to enhanced reporting tools within the administrative platform. We will be showcasing these solutions at the annual AFP Conference in Boston, MA this week.  I’ll be at our booth #2804 where we will be showcasing:

  • Business Mobile Banking – Empower your business customers to execute critical cash management tasks on the go.
  • Business Financial Solutions – Serve simple to sophisticated businesses on a single platform with financial tools that evolve as a business grows.
  • Online Payroll – Deliver the online payroll solution preferred by more than 1 million businesses within your branded Business Banking site.