News & Commentary
Content posted in January 2005
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Citigroup Sells Travelers Unit To MetLife For $11.5 Billion
News  |  1/31/2005  | 
Move may signal the end of the "financial supermarket" that provides banking, insurance, and investment services.
Vendor Views: Online Exclusive
News  |  1/31/2005  | 
Round out your perspective on 2005 with these additional, Web-only vendor views to supplement BS&T's second-annual Business Technology Forecast.
Security Techs Go Begging for a Clear Safety Strategy
News  |  1/31/2005  | 
Even the most determined industry watchers underestimated the growth of security technologies, but an overall strategy is even harder to detect.
ABN Amro Unveils Trade-Finance Portal
News  |  1/31/2005  | 
New version of MaxTrad features supply-chain financing and purchase-order-management services.
One Question For: Kim Ravenda, Huntington Bancshares
Commentary  |  1/30/2005  | 
How does Huntington Bancshares leverage technology to market to underserved customers?
What’s In Your Toilet?
Commentary  |  1/30/2005  | 
I was very literal-minded as a young boy. Once, my mother handed me a roll of toilet paper and asked me to put it in the toilet in the upstairs bathroom.
Northern Trust Powers Trust Businesses
Commentary  |  1/30/2005  | 
Financial institution licenses financial technology to low-overhead, start-up trust departments.
Anti-Money Laundering
News  |  1/30/2005  | 
As concerns about terrorism and fraud intensify, money laundering has become both a compliance and a competitive issue, with attendant consequences.
News & Rollouts: High-Volume Processing, and more.
News  |  1/30/2005  | 
Bank taps futures and exchange-traded derivatives solution.
Rural Bank Turbo-Charges WAN
News  |  1/30/2005  | 
First National Bank of Iowa boosts application response times with data compression.
Who Goes There?
News  |  1/30/2005  | 
Bank of America cuts through password confusion with Netegrity solution.
Long Views for a Short Month
News  |  1/30/2005  | 
BS&T's report on top IT challenges and priorities lays the groundwork for 2005.
Running Ahead of the Pack
News  |  1/30/2005  | 
To gain competitive advantage, Union Bank of California is constantly seeking improvement through technology innovation. Next on its list: server consolidation, network upgrades and imaging solutions.
Complexity Theory
News  |  1/30/2005  | 
Former NACHA chairman hails momentum on electronic payments.
Less Is More
News  |  1/30/2005  | 
Zions Bank gains by consolidating on common platforms.
Real Simple
News  |  1/30/2005  | 
The future of Wells Fargo's business offerings: easy-to-use tools.
Solid Returns
News  |  1/30/2005  | 
Expect robust spending growth, particularly for enterprise IT projects.
Doing Diligence
News  |  1/29/2005  | 
Synergy goals should reflect an understanding of IT systems and capabilities.
Monitoring Credit
News  |  1/29/2005  | 
Sophisticated analytics and credit derivatives are helping banks stay solvent.
Time to Digitize
News  |  1/29/2005  | 
To truly formalize business processes, firms must pursue an enterprisewide strategy.
Blue Skies
News  |  1/29/2005  | 
Along with bankers and consultants, BS&T asked several technology providers and experts for their views on the prospects for financial technology in the new year. The common thread among their visions: optimism.
Exec News
News  |  1/29/2005  | 
JCB Joins MasterCard, Visa in EMVCo
News  |  1/29/2005  | 
Move to accelerate IC cards standards adoption.
Study: ECM and BPM Not Understood
News  |  1/29/2005  | 
Banks fail to realize technologies' full potential.
RFID Gains Traction
News  |  1/29/2005  | 
Amex and CVS partner to provide contactless payments.
IBM Acquires ID Resolution Capabilities
News  |  1/29/2005  | 
Purchase of analytics firm brings bank customers into focus.
Wachovia Leverages Image Replacement Documents To Launch Remote Deposit Capture Service
News  |  1/29/2005  | 
With an Internet connection, a PC and a small desktop scanner, businesses can make check deposits from anywhere.
Wells Fargo Decides It Is Better To Share Than to Exchange
News  |  1/29/2005  | 
Bank signals a shift away from image exchange to image sharing as it joins Viewpointe.
Recipe for Failure
News  |  1/29/2005  | 
Krispy Kreme's rise (no pun intended) and decline presents a classic cautionary tale to any organization that cares about profitable growth, brand value, business intelligence capabilities and management responsiveness (that is, every business).
Fortifying Your Network-Access Control
News  |  1/25/2005  | 
Passwords are still the dominant method of securing data, but with blurring network borders, higher stakes transactions and stricter regulations, you need more powerful tools to prevent unauthorized access.
JPMorgan Releases WebConnect
News  |  1/25/2005  | 
Customers can access data and reports via the Web.
Oracle’s Customer Crusade
News  |  1/25/2005  | 
Company outlines ambitious program to develop a suite of merged software.
To Linux or Not to Linux
News  |  1/25/2005  | 
A Linux-dominated environment is not necessarily inevitable.
Recruiters Top Interview Stories
News  |  1/18/2005  | 
Most people are aware of the applicability of smart cards to payments, but have seen many programs fail in the US. Industry estimates of when smart cards will have a strong US presence range from five to 10 years and beyond. Celent does not expect them to have a significant presence for at least seven years.
Mantas CEO Describes ’Wall’ of Compliance
News  |  1/18/2005  | 
Money launderers prevented from using heavily-protected financial institutions
Click to Pay
News  |  1/18/2005  | 
Harvard Pilgrim Health Care looks to edocs online billing solution to improve cash flow and boost customer satisfaction.
IBM Begins Integration of Identity Resolution Technology
News  |  1/11/2005  | 
For the banking industry, the technology of identity resolution can help to unravel the nasty effects of a long history of mergers and acquisitions.
Wells Fargo Acquires Stake In Check-Imaging Company
News  |  1/11/2005  | 
Demand for sharing check images between banks is growing under the Check 21 legislation.
Just Looking: Best Practices in Catering to the Most Common Online Banking Task
News  |  1/11/2005  | 
E*Trade and Bank of America lead the pack in terms of user experience for online banking.
Commission Ready To Work On National Health-Records System
News  |  1/11/2005  | 
Eleven-member commission, sworn in Monday, has until Oct. 31 to create a plan for electronic health records.
One Question For: Iain Cheyne, First MicroFinanceBank
Commentary  |  1/7/2005  | 
What technology is Kabul-based First MicroFinanceBank leveraging to make banking possible for the residents of post-conflict Afghanistan?
The Flap Over Float
Commentary  |  1/7/2005  | 
I can hear the campaign ads already: "Congressman So-and-So voted for Check 21 to help the big banks collect your money faster when you deposit a check," intones The Voice.
U.S. Bank Offers Mobile Minutes at the ATM
News  |  1/7/2005  | 
Customers can fill up their wallets and their phones at one stop.
News & Rollouts
News  |  1/7/2005  | 
First National Joins the Party; Mitek's QuickStrokes Recognition Tool; IBM Enhances Workplace Solutions; Fuego's BPM 5.5; Bank of India Deploys Misys; Hancock Implements AlterPoint; Hancock Implements AlterPoint; Maybank Rolls Out Welcome
Better Safe Than Sorry
News  |  1/7/2005  | 
Banco Santander secures its data with data replication solution from VERITAS.
Location Isn’t Everything
News  |  1/7/2005  | 
California Bank & Trust targets corporate customers with remote capture solution.
Product Showcase
News  |  1/7/2005  | 
800
News  |  1/7/2005  | 
The techniques of field research pay dividends at the bank branch.
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