News & Commentary
Content posted in January 2001
The Digital Signature Law Could Put an End to the Paper Trail
News  |  1/10/2001  | 
Banks will see a much faster impact on their bottom line if they concentrate on document imaging, storage, and retrieval benefits of the Digital Signature Law.
PeopleSoft HRMS System Ends HR and Payroll Data Woes At Amcore Financial
News  |  1/10/2001  | 
Stuck with a 20- to 30-year-old legacy system, Amcore Financial decided to skip the testing and move straight to a new HR management system.
Screen Savings
News  |  1/10/2001  | 
Video advertising is one way banks can reduce ATM surcharges and maintenance costs.
Checks and Balances
News  |  1/10/2001  | 
To avoid disintermediation in the evolving cash management marketplace, banks need to develop Internet-based electronic payment systems.
Timely Delivery
News  |  1/10/2001  | 
Careful planning and a clear mission allowed Abbey National to quickly push its products and services into e-commerce delivery channels.
Branching Out
News  |  1/10/2001  | 
Brick-and-mortar branch outlets and electronic delivery options must work hand-in-hand to insure bank prosperity.
Wait-and-See Strategy Pays Off for BB&T
News  |  1/10/2001  | 
BB&T's online cash management service attracted 200 clients during its first weekend of operation.
BofA Monitoring Threats Centrally
News  |  1/10/2001  | 
Bank of America is using its intranet to keep mission-critical networks up and running.
Southern Exposure
News  |  1/10/2001  | 
Latin American banks face a number of obstacles pushing consumers from branch to online delivery options.
Net Gains
News  |  1/10/2001  | 
Laila Samawi-Utley, executive vice president of systems and operations and CIO of NetBank, discusses the technology of Internet banking.
Paradigm Lost
News  |  1/10/2001  | 
Banks ponder whether the PC-based model is headed for oblivion
The Profit Picture
News  |  1/10/2001  | 
Banks take a close look at applications that measure customer value
Product Stores Information Directly on User PCs
News  |  1/10/2001  | 
Encirq has come up with a new twist on the data aggregation theme: Let bank customers be their own aggregators.
National Penn Delivers 'Big-Bank' Service By Outsourcing
News  |  1/10/2001  | 
National Penn is aiming to switch 350 to 400 commercial customers from its direct-dial, PC/Windows-based banking to an Internet system.
Fifth Third Offers L/Cs As Financing for B2B Exchanges
News  |  1/10/2001  | 
Fifth Third Bancorp is issuing L/Cs for customers of online exchanges using ec-Finance's online platform.
Mellon Service Removes Paper Obstacles for Custody Clients; More Than 100 Are Online
News  |  1/10/2001  | 
A new Mellon Trust online service has eliminated bulky, voluminous paper statements for global custody clients.
everbank.com Targets Niche Through Affinity Marketing
News  |  1/10/2001  | 
everbank.com is targeting "self-directed individuals"- those who have relationships with a mutual fund company or discount broker and like to control their own financial destiny.
First of Omaha Inks Deal With Risk Management Provider
News  |  1/10/2001  | 
Through a deal with Retail Decisions, First of Omaha Merchant Processing will offer card-not-present risk management and fraud detection services.
World Briefs
News  |  1/10/2001  | 
Sakura Bank Opens An Internet-only Bank in Japan and Plans To Back Another
News  |  1/10/2001  | 
Sanwa Bank abandoned plans to create an Internet-only bank in conjunction with credit card issuer JCB, publisher Recruit, and Hitachi, citing concerns about profitability.
50 Leading Banks Kick Off Online FX Venture
News  |  1/10/2001  | 
Fifty of the world's leading banks have launched Atriax, an Internet-based marketplace for foreign exchange trading.
Bank Woos Net Clients
News  |  1/10/2001  | 
A forecasted jump in the number of people banking online prompted Metcalf Bank, a six-branch community bank in Overland Park, Kan., to offer Internet services.
Bank of America Boosts Web-Enabled Test
News  |  1/10/2001  | 
Bank of America is expanding its trial of Internet-enabled ATMs, and by next year may upgrade its entire 14,000 ATM network, the nation's largest.
BANK BYTES
News  |  1/10/2001  | 
USPS Draws Fire Over New E-Billing Service
News  |  1/10/2001  | 
Recent e-commerce initiatives by the U.S. Postal Service are raising concerns about unfair competition from some quarters.
Chase and Bank of America Launch Image Archive Venture
News  |  1/10/2001  | 
Looking to jumpstart the industry's adoption of check imaging, Chase Manhattan Bank and Bank of America have uncorked a venture for capturing and storing vast numbers of digitized checks.
BANK BYTES
News  |  1/10/2001  | 
Just Thinking
News  |  1/10/2001  | 


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