Online financial management tools are developing rapidly and new and new solutions appear day by day. Since these kinds of services are considered as the future of online banking, it is essential to follow them carefully. I am going to introduce different online financial management solutions in the next couple of weeks. The first one [...]
READ MORE »2011 has not been an easy year at all: the overall economic situation was hard and several banks had to even reduce their branch networks. The online channel became vital for retail financial services providers thanks to its cost effectiveness. But usually this channel had been created as a service channel and now it has [...]
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Personal Finance Management (PFM) is a service which gains on market share rapidly. Several global (ABN AMRO Bank, ING Bank etc.) and local players (Banca Transylvania in Romania or MKB Bank in Hungary) launched this service. And customers do require this service. As the Online Banking Report of 2010 May stated: “Customers love PFM, particularly [...]
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