According to Worldpay, card fraud is a $9.5 billion problem in the United States, and with the introduction of EMV technology and the resulting shift in liability from issuing financial institutions to merchants, much of that burden is being thrust upon your small business banking clients. Fortunately, as your small business banking clients’ trusted advisor, there is something you can do to help.
Retriever Payment Systems was featured in the Fall 2019 issue of Arkansas Community Bankers Association virtual magazine discussing how finding the right merchant services partner with the right fraud prevention and detection technology can equal a win-win for your bank and your clients.
In light of all the market and regulatory pressures community banks and credit unions face which threaten to chip away at your margin, it is more important than ever to remain on the lookout for new revenue streams. Small businesses present the opportunity for FIs to capture more market share as well as a greater portion of business deposits and opportunities to generate new loans.
Retriever Payment Systems was featured in the Summer 2019 issue of Arkansas Community Bankers Association virtual magazine discussing how to leverage your merchant services offerings to get more small business banking market share.
Part of being an entrepreneur or business owner is that you must become knowledgeable about topics that may not be that closely connected to what your business does. For example, if you opened a restaurant, it’s probably because you have experience in the industry and enjoy providing quality food to your guests. Or, you’re an […]Read More
With all the enthusiastic shopping that takes place during the holiday season, there is no shortage of thieves who want to steal your hard-earned money from you. While a lot of the problem involves packages that are stolen from people’s porches, you also have to be very careful about protecting yourself from credit and debit […]Read More
Even though it’s been three years since retailers have been able to switch to new chip-based credit and debit cards, a recent study shows that payment fraud is still a major concern in the United States as criminals take advantage of remaining vulnerabilities at point of sale, while also focusing more on online merchants. And […]Read More