Today, Flux released a new white paper, "Agile eBAM for Banks: Zero Implementation". Electronic Bank Account Management (eBAM) is already supported by major players like JPMorgan Chase, Bank of America, and SWIFT. However, smaller banks that are also interested in offering eBAM can follow an "Agile eBAM" path, as described in the new white paper, to get up and running with eBAM very quickly.
The new "Agile eBAM for Banks" white paper describes a method whereby banks can offer eBAM services to their corporate customers in a very short amount of time, without being burdened with obtaining across-the-bank approvals and department buy-ins.
"By following Agile eBAM, your corporates immediately enjoy the benefits of eBAM. These agile first steps let your bank highlight critical differentiators when trying to expand and retain its wholesale banking presence, all within a short amount of time" stated Ron Schultz, Senior Banking Solution Architect for Flux.
By tracing the agile footsteps in this white paper, bank mandates to attract corporate customers by providing a differentiated product offering, such as eBAM, can be fulfilled quickly, without engaging other bank departments.