Synovus Becomes Direct NACHA Member
Deeper relationship with the ACH association will enable the bank to have a more-direct hand in the future development of the payment method.
2007: In Your Dreams
Art Gillis has been telling it like it is in the banking technology industry for 36 years. In this special edition of his online blog for Bank Systems & Technology, Art offers his unique outlook for 2007. Among his forecasts, Art says vendors will be challenged with making technology a lower-cost, more-adaptive resource, and financial institutions will reap the benefits.
Source Technologies Redesigns Kiosk; SIA Automates Best Execution for MiFID; Kodak Launches New Check 21 Solutions
Show Me the Value
Industry association executives speculate on the top challenges, opportunities and trends facing the banking industry in 2007.
Controlling Your Destiny?
Today, a collection of external forces and drivers are beginning to dominate the agenda in most financial services firms.
A Delicate Balance
The major challenge for tech executives in 2007 will be how to balance the demand for business growth while improving and streamlining operational performance and managing an ever-morphing risk environment.
Discipline and Growth
The biggest challenge in 2007 will be to cope with the global growth of the banking industry while maintaining cost, risk, capital and regulatory discipline.
Banks to Explore Channel Optimization
Banking customers increasingly are using ATMs, the Web and other remote-access channels for transactions, but they still rely heavily on in-person visits to the branch and other high-cost delivery channels.
Banks Evaluate the Role of the Risk Manager
Banks evaluate the role of risk management and which technologies — including internally or externally modeled risk metrics and risk analytics — are required to support the risk function.
Druskin Moves Up at Citi; LaFue Joins Barclays; Chauvin Takes Risk at TD; Herb Goes to Columbia; FSTC Adds to Board
Move will enable firms to concentrate on core businesses.
i-flex, Oracle Deliver Power to People's; Zions Selects Infosys; 1st Source Taps Bharosa; First Horizon Finds FIS; Outsourcing Deal
Check Image Exchange Soars in 2006
NCHA and SVPCO see significant rise in the volumes of digitized checks exchanged last year. Numbers also show a trend toward doing so without the use of substitute checks.
The new Financial Crime and Intelligence Division aims to fight quickly evolving risk to Great Britain's financial sector.
Art Buchwald, thanks for the boost
By Art Gillis
June 14, 1983 - Art Buchwald sent me a letter saying he enjoyed my piece very much and I should send it to Personal Computing, Popular Computing, Info World and Byte for publication. I sent the article to Art Buchwald because after I had written it, I read it and it sounded like something he would have written. So I wanted to clear it with him first. Looking back at my records, it turns out I didn't take his advice because I was in banking, and generic publications didn't int