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Featured Speakers:
 
  • Kathy Burger,  Editorial Director, Bank Systems & Technology (moderator)
     
  • David O’Connell,  Senior Analyst, Aite Group
     
  • Chris Peper,  VP, Mobile Channel Management, US Bank
     
  • Keith Gray,  Vice President, Banking Solutions, Mitek
     
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    A Bank Systems & Technology Live Webcast:

    The ROI of Mobile Photo Bill Pay

    Duration: 60 minutes

    Banks are looking for new ways to increase profitability. Enabling mobile bill payment is a huge opportunity to forge stronger and more lasting bonds with their customers as a mean means to increase profitability. According to Aite Group, only about 15 percent of U.S consumers' currently pay their bills through their banks. Banks looking to seize this "85% opportunity" face considerable competition, not to mention the current difficulties in onboarding payees. Overcoming these barriers will improve banks' ability to attract and retain mobile banking users, especially the increasingly important 20- to 35-year-olds who rely on their smartphones to handle most tasks and transactions in their lives.

    The introduction of technology that enables mobile bill payment can be the key to taking advantage of the business benefits bill pay offers to banks. Several "first mover" are pursuing the business and revenue benefits which include: increases customer stickiness, higher DDA balances, new revenue from expedited payments and more.

    At this free, one-hour webcast moderated by Bank Systems & Technology editorial director Kathy Burger and featuring Aite Group senior analyst David O'Connell, they will examine the ROI of mobile photo bill Pay. They will be joined by Chris Peper, VP of mobile channel management at U.S. Bank, who will share insights about its Mobile Photo BillPay deployment. At the conclusion of this event, you’ll understand why mobile photo bill pay is more than simply the next cool technology -it is a technology for that banks can leverage to improve profitability.

    Key learnings:

    • How to make the business case for mobile photo bill pay.
    • Ways to leveraging fee/revenue opportunities related to bill pay.
    • How important the user experience is to mobile bill pay adoption.
    • Best practices - what does it take to realize the potential of mobile photo bill pay.

     
     

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