News Updates
Privacy Policy Considerations for Your Bank Card Program
The May/June 2023 issue of the ABA Banking Journal included a Regulatory and Compliance Q&A related to co-branding relationships. The example used in the scenario closely aligns with the BBOK bank card program with your bank. The content explains the recommendation to disclose joint marketing in the bank’s privacy policy, even if you are not ...
Build a Plan for Instant Payments
Instant payments are the future in financial services. It is the first new payment rail to be put into operation in over 50 years. Settling immediately, this payment type provides customers with the ability to pay anyone, anywhere, anytime so that funds can move as fast as people. Some banks have implemented or are planning ...
Are Your Business Customers Ready for the Holiday Season?
Do the hot summer days have you dreaming of fall leaves and pumpkin spice? If so, you’re not alone. Many small businesses have started looking ahead to the upcoming holiday season. One important aspect of being ready for one of the busiest times of the year is the capability to accept payments. In Mercator Advisory ...
Fixed-Rate Lending Solution Gives Your Bank a Competitive Edge
In a fluctuating rate environment, customer demand for a long-term, fixed-rate loan typically increases. BBOK customers have the opportunity to meet this need with Borrower’s Loan Protection (BLP). BLP provides your customers with the long-term, fixed-rate payment structure they want, while your bank receives a floating rate over the full term of the loan. Learn ...
Help Your Mortgage Team Become Stronger
Great rates and products are critical to a successful mortgage program, but having a strong team is the key to increasing your volume and serving more customers. As the market begins to slow-down, it is important to make sure your team is stronger than ever to take on opportunities as they come. Regularly Measure Success ...