increasing bank income Tag

19 Mar 8 Questions to Ask a Prospective Merchant Services Partner

Posted at 09:30h in All Blogs, Banking, Customer Service, Merchant Services, PCI Compliance by Sara Sajwaj 0 Comments

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Once your bank decides to offer merchant services to its customers, the next step is choosing a processing partner. This choice will impact everything from revenue and retention, to customer support, so it’s not one to be taken lightly. But, in an industry that can...

26 Feb The Potential Consequences of Choosing the Wrong Processing Partner

Posted at 12:00h in All Blogs, Banking, Customer Service, Merchant Services by Sara Sajwaj 0 Comments

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If your merchant services program is supported by the right processing partner, it can provide a substantial amount of non-interest income. But not all providers will be a good fit for your bank, and choosing the wrong partner can have unforeseen consequences. Here are just...

12 Feb The Difference Between Buy Rate and Revenue Share in Merchant Services

Posted at 13:17h in All Blogs, Banking, Credit Cards, Ecommerce, Merchant Services by Sara Sajwaj 0 Comments

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Providing a merchant services program to your banking customers can be a lucrative business move that leads to additional clients and profits. However, low profit, stagnant portfolio growth, and high rates of attrition can all be signs that your merchant services partner is not providing...

18 Jan 4 Common Misconceptions About ISOs

Posted at 09:25h in All Blogs, Banking, Credit Cards, Customer Service, Merchant Services by Sara Sajwaj 0 Comments

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The payment processing industry is convoluted, filled with so many moving parts that it can be difficult to keep up. ISOs are a great example of something that is often misunderstood. You may have heard (incorrectly) that ISOs are more expensive. Or maybe you’re not...

23 Jan 5 opportunities for business bankers to use LinkedIn to win new clients and deepen relationships with existing ones

Posted at 09:10h in All Blogs, Banking by Pat Redd 0 Comments

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The internet is packed with best practices on banks leveraging social media to market to business owners. Less has been written, however, about how the individual banker should lean into social media, particularly LinkedIn. Here are 5 opportunities for business bankers to use LinkedIn to...

BASYS - 3 Common Mistakes When Selling Treasury Services

13 Dec 3 Common Mistakes When Selling Treasury Services

Posted at 08:17h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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A key difference between a top performing bank and an average bank can usually be found in the quality and usage of the needs assessment when selling Treasury Services. A thorough assessment can help you avoid mistakes that derail new business proposals, and shorten...

21 Nov 5 Missed Opportunities When Opening a New Business Account

Posted at 14:14h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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You are a sales professional at a bank. You opened a new business account. CONGRATS! Now what? Beginning a relationship with a new business customer is exciting. But, opening the new account is just the beginning. ...

08 Jun Beyond the Cross-Sell: Deepening Relationship Banking

Posted at 09:03h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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Deepening customer relationships isn’t a trend that is going to fade any time soon. In fact, some in the industry say that it is becoming core to the banking model. On-boarding shouldn't be the end of the relationship; it should be the beginning....

BASYS-Increase Non-Interest Income-Header

09 May Increase Your Bank’s Non-Interest Income

Posted at 12:57h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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Are you interested in growing your bank's non-fee and non-interest income by expanding your Merchant Services portfolio? BASYS Processing has proven strategies to significantly increase your bank's credit card processing income, while enhancing your reputation with your customers....

07 Feb The State of Social Media in Banking

Posted at 10:14h in All Blogs, Banking by Pat Redd 0 Comments

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Having a presence on social media is no longer a choice for banks - it’s a reality, plain and simple. Social Media in banking has become a must. Even if your bank isn’t actively tweeting, Facebooking, YouTubing, or otherwise posting on social media, rest assured...

24 Jan 8 Things Banks Should Look for in a Merchant Services Partner

Posted at 09:11h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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For a bank, the choice of a merchant service partner is extremely important. To ensure your bank is receiving the maximum benefit from the relationship, here are 8 things banks should look for in a Merchant Service partner....

04 Jan “What Merchant Services Program is Best for My Bank?” is Topic of Latest BASYS Video

Posted at 12:54h in All Blogs, Banking by Pat Redd 0 Comments

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“What Merchant Services Program is Best for My Bank?” is the subject of the latest BASYS Processing video. Released today, this 5th and final installment in BASYS’ Merchant Services Bank Education Series provides a detailed description of 3 different programs, and walks bank leaders...

What are Reasonable Goals to Set for a 1st year Merchant Services Program?

21 Dec BASYS Releases Video featuring 4 Steps to setting 1st Year Merchant Services Program Goals

Posted at 14:14h in All Blogs, Banking by Pat Redd 1 Comment

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BASYS Processing released the 4th video in their Merchant Services Bank Education Series today. The video, entitled “What Are Reasonable Goals To Set For A 1st Year Merchant Services Program?” details 4 steps for bank leaders to create customized, realistic goals for a 1st...

BASYS Processing - Tapping into Merchant Services with Analytics video

07 Dec “Tapping Into Merchant Services With Analytics” Video Released by BASYS Processing

Posted at 09:57h in All Blogs, Banking by Pat Redd 2 Comments

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BASYS Processing released the video “Tapping Into Merchant Services With Analytics” today, highlighting 6 key metrics to help bank executives effectively monitor and manage their merchant services program. It’s the 3rd of 5 videos in BASYS Processing’s Merchant Services Bank Education Series....

BASYS Processing - 5 Steps to Identify Your Merchant Services Potential

22 Nov BASYS Releases 2nd Video in Merchant Services Bank Education Series

Posted at 11:00h in Banking by Pat Redd 3 Comments

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The 2nd video in BASYS Processing's Merchant Services Bank Education Series, "5 Steps to Identify Your Merchant Services Potential," was released today. This installment in the 5-part series focuses on identifying potential merchants, creating a pro forma, and charting progress toward merchant service revenue growth....