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Deposits & Payments
Deposit growth and strategies have always been a core focus of retail banks. Today's volatile economic climate - with consumers relying less on credit products and more on deposit account services - brings deposit growth and account management to the forefront. As technology and consumer needs evolve, so does the concept of payments. With innovations such as virtual wallets and other forms of digital currency comes new and unique challenges for the payments space. CBA monitors and addresses the issues facing retail banks in the management of the deposits and payments functions.
- February 4, 2014January 28, 2014Dear Chairman Carper and Ranking Member Coburn: The undersigned representatives of the financial services industry write to commend you on your efforts to advance bi-partisan postal reform. The financial services industry is one of the largest customer segments of the Postal Service. The statements, bills, and promotional materials sent by financial institutions account for a significant amount...January 15, 2014