News & Commentary
Content posted in January 2009
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Sovereign Bank Automates Imaging With Adlib Solution
News  |  1/30/2009  | 
To automate document imaging, Sovereign Bank deploys Adlib's ExpressRecognition Server, which quickly proves to be a transformative technology.
Silanis Brings STP Capabilities to E-Signatures
News  |  1/29/2009  | 
Silanis' ApproveIt Web Server 3.0 E-Signature Process Management Solution addresses business complexity via STP capabilities for banks and financial institutions.
A Code of Ethics for Outsourcing
News  |  1/28/2009  | 
I ran across this article in sister publication InformationWeek that discusses the creation of an outsourcing bill of rights.
An Upside to a Down Economy?
News  |  1/28/2009  | 
One Week Into a New Era and This Pessimist Sees a Glimmer of Positive Promise
News  |  1/27/2009  | 
After the events of last week in DC, things like the stock market, banking crisis, business closings, devastating earnings reports, CEO firings, and even banking technology seemed so insignificant in the scheme of larger issues. I was hearing about "a dream," "change," and values far greater than what Marketwatch, Bloomberg and the WSJ report. Why, I even got a temporary feeling of comfort yesterday when a pooch licked my knee during my trek at Katy Trail. The owner apologized, but I asked her i
Umpqua Hires New CIO
News  |  1/26/2009  | 
'EKG' for Document Processes Helps Financial Institutions Get Lean
News  |  1/26/2009  | 
By Stephen Olson, Océ Business Services Just like everywhere else, it's belt-tightening time in the financial services industry. Between mergers and acquisitions and general cost-cutting, financial institutions are consolidating services and trying to do more with less. How do executives know when the belt is tight enough? Or too tight?
BofA_help Making Good on its Tweets
News  |  1/23/2009  | 
After being on Twitter for barely two weeks, Bank of America's virtual helpdesk seems to be making a good first impression on some users. If the often-cynical readers of consumerist.com are happy with it, then it looks like BofA has figured out
ATMs Beat Other Marketing Methods: News from Wincor World
News  |  1/22/2009  | 
Inspired by a 35 percent hit rate Pireaus Bank of Greece is taking ATM marketing international.
Big Bank Failures Leave Hole in Tech Spending
News  |  1/21/2009  | 
The failure and consolidation among big banks will leave a long-term deficit in industry technology spending.
Many Bank IT Vendors Won't Survive 2009
News  |  1/21/2009  | 
One in eight U.S. bank IT vendors will fall victim to a long-term drop in bank technology spending, Financial Insights predicts.
News from Wincor World: Fake Smoke Detectors the Newest in ATM Fraud
News  |  1/21/2009  | 
Wincor-Nixdorf user conference hears German ATM fraud attacks are up 70%.
Obama's Economic Balancing Act
News  |  1/20/2009  | 
Everyone will have something to say with regard to the inauguration of Barack Obama as our next president. Like him or not, you have to have some sympathy for the man who is inheriting this economic mess. Obama is going to have an uphill battle on his hands as he tries his own formula for helping America's economy recover. However, diverging too radically from what Pres. Bush instituted during his last few months in office isn't necessarily the answer either-at least not right away. Obama will m
Do You Tweet?
News  |  1/20/2009  | 
Tweet. I think that's the verb. I'm referring to what people do on the social networking site Twitter. I've only begun experimenting with this medium. However, it seems like financial institutions are starting to see some value in Twitter as a way to "Web 2.0-ify" themselves and connect with their customers and staff differently.
New Bank IT Projects are Dead in the Water
News  |  1/20/2009  | 
The productivity of current bank IT staff reminds me of the Y2K days. Two years prior to Y2K, every programmer who worked for a bank or a bank tech vendor was busy doing something to make sure systems would perform their functions correctly on Jan. 2, 2000. As necessary as the work was, and as successful as it was, how productive was it when you consider nothing new was added during the two-plus years worth of pedestrian tech work?
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