News & Commentary
Content posted in December 2000
ANZ, Barclays and Bank of Montreal Kick Off Venture for Outsourcing Back-Office Functions
News  |  12/1/2000  | 
The Australia and New Zealand Banking Group, Barclays and the Bank of Montreal have teamed with American Management Systems to form an independent trade-transaction processing company.
System Takes Drudgery Out of Application Processing
News  |  12/1/2000  | 
Since adopting the Mortgage Builder loan origination system for its Midwest operations, Findlay Savings Bank is processing a loan application in about fifteen minutes-a far cry from the hour-and-a-half it took under the old system.
Key Adds Payment Feature To Its B2B Offering
News  |  12/1/2000  | 
KeyCorp plans to include automatic business-to-business payment processing as a feature on KeyProcure, its online B2B marketplace
First United Offers Web-Based Treasury Management Service
News  |  12/1/2000  | 
First United, Oakland, Md., has begun offering Web-based cash management services to its commercial customers.
iPrivacy Helps Take the Worry Out of Online Shopping
News  |  12/1/2000  | 
iPrivacy, a New York-based ASP, provides organizations with a private transaction infrastructure designed to make customers more comfortable doing business online
Internet Bank Adds Fraud Detection Capability
News  |  12/1/2000  | 
Security First Network Bank (SFNB), an Atlanta-based Internet bank, has launched HNC Software's Capstone Express, an automated credit decision service
Just Thinking
News  |  12/1/2000  | 
An Integrated Approach To Enterprise Systems
News  |  12/1/2000  | 
Enterprise Application Integration replaces application-to-application translation of data and commands with a common messaging infrastructure.
GMAC Bank Taps e-PROFILE for Channel Integration
News  |  12/1/2000  | 
GMAC (General Motors Acceptance Corp.) Bank, has turned to e-PROFILE as its "vertical services provider."
Information Please
News  |  12/1/2000  | 
Driven by acquisitions and CRM initiatives, banks are hiking enterprise system spending
A B2B Frame of Mind
News  |  12/1/2000  | 
Donald R. Monks, senior executive vice president and manager of banking operations and technology sector at Bank of New York.
Illinois National Acquires Local Operation, Saving 54 Jobs
News  |  12/1/2000  | 
A small bank in Springfield, Ill. has come to the aid of its community, saving 54 jobs slated to be axed when a corporation shut down its local operations.
Bank Bytes
News  |  12/1/2000  | 
J.P. Morgan-Chase Merger Creates IT Powerhouse
News  |  12/1/2000  | 
Chase Manhattan's pending buyout of J.P. Morgan creates a $668 billion financial behemoth that will rank third among U.S. financial institutions, just behind Citigroup and Bank of America.
First Federal Installs a Thin-Client Teller System
News  |  12/1/2000  | 
The First Federal system comprises 400 terminals and a server in each of its 70 branches
World Briefs
News  |  12/1/2000  | 
Hewlett-Packard Lands CIBC for Its Messaging-on-Tap E-Mail Service
News  |  12/1/2000  | 
Looking to prove that the application service provider model can work for large as well as small companies, Hewlett-Packard has snagged one of the largest banks in North America as its first ASP client
Serving Up Consolidation
News  |  12/1/2000  | 
Wachovia has drastically reduced its UNIX support costs by merging its servers
Commerce Bank of Kansas City Offers Online Suite to Business Customers
News  |  12/1/2000  | 
When Commerce Bank of Kansas City decided its e-banking offerings needed some sizzle, it turned to iPortBiz, an Internet portal.
Smaller Banks Taking Up CRM Challenge
News  |  12/1/2000  | 
Midsize banks are turning to Web-based data mining and customer relationship management applications.
Seven Regional Banks Sign On With B2B E-Commerce Venture
News  |  12/1/2000  | 
eScout-a two-year-old B2B network composed mostly of smaller independent banks-has been gathering momentum.
Bank Bytes
News  |  12/1/2000  | 
Racing Against The Clock
News  |  12/1/2000  | 
Banks must establish an online presence or risk oblivion, observers say.
ABN AMRO Profiting From Self-Service HR System
News  |  12/1/2000  | 
ABN AMRO has automated HR inquiries using a Web-based application from GEAC.
U.S. Bancorp Streamlines Business Continuity Process
News  |  12/1/2000  | 
Disaster recovery planning has been made more orderly using Comdisco's Revolution software product.


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