Title:

Building Better Transfers: Best Practices For Account-To-Account Transfers

Price:$249.00
Publication Date:Mar 21, 2008
Source:Forrester Research
Author:Emmett Higdon
Report Type:Trends
Word Count:2477
Length:6 Pages
Description:The ability for online banking customers to quickly and easily move funds into and out of their accounts has dramatically altered how users manage their funds. The availability of account-to-account (A2A) transfers has also reshaped the account opening process online — enabling online banks like ING Direct and high-yield savings accounts like Citibank's eSavings to quickly accumulate billions of dollars in deposits. Still, adoption of A2A transfers has not gone mainstream. To encourage broader adoption of A2A transfers, eBusiness executives need to develop strategies that resolve customer confusion with transfer options and streamline the arduous account authentication process.
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Forrester Research identifies and analyzes emerging trends in technology and their impact on business. Forrester provides companies with rigorous research, practical ideas, and objective guidance to help them thrive on technology change. Research topics include Automotive, Financial Services, Healthcare, IT Security and Spending, and Media and Entertainment, to name a few.

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