News & Commentary
Content posted in March 2005
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One Question For: Keith Knudsen, EVP, Security National Bank
Commentary  |  3/31/2005  | 
How is Security National Bank leveraging technology to improve customer relationships and boost profitability?
Red Light, Green Light
Commentary  |  3/31/2005  | 
I recently attended a conference on money laundering. You're probably thinking, "Don't you mean 'anti-money laundering?'"
Powerful Way to Pay
Commentary  |  3/31/2005  | 
Smart System's RFID technology allows football fans to score quick snacks and rewards.
The Benefits of a Service-Oriented Architecture
News  |  3/31/2005  | 
A service-oriented architecture can provide a bank with the robust, resilient IT architecture it needs to grow, achieve speed-to-market and optimize customer service. It also provides a platform to help meet compliance requirements and assure security and integrity of information assets.
Blade Runner
News  |  3/31/2005  | 
Commerzbank N.A. deploys Egenera BladeFrame system.
News & Rollouts
News  |  3/31/2005  | 
Starting on the Same Page
News  |  3/31/2005  | 
SunTrust Banks gains a consistent view of risk across the enterprise with BancWare software.
To Serve and Protect
News  |  3/31/2005  | 
Bank invests in Stratus server to support systems consolidation and business continuity.
Full Speed Ahead
News  |  3/31/2005  | 
Huntington Bancshares upgrades network and improves service with TNS solution.
Higher Education
News  |  3/31/2005  | 
WSFS Bank sends its ATMs back to school to capture college crowd and cut transaction costs.
Circle the Wagons
News  |  3/31/2005  | 
Banks try both high-tech and low-tech solutions to head off ATM crime.
Automated Teller Machines for the 21st Century
News  |  3/31/2005  | 
Wells Fargo is among the first banks to upgrade ATM operating technology.
Echoes of the Mortgage Boom
News  |  3/31/2005  | 
Mortgage lenders are finding success in leveraging systems that were implemented during the refi boom.
Engineering Change
News  |  3/31/2005  | 
Chris Wrenn, Managing Director and Chief Operating Officer, HVB Americas & David Dart, Chief Information Officer, HVB Americas
PayPal Names CTO
News  |  3/31/2005  | 
Grey Skies Are Gonna Clear Up
News  |  3/31/2005  | 
Despite regulatory pressures, optimism about 2005.
Big Deals
News  |  3/31/2005  | 
Lost or Stolen Identities Make Waves
News  |  3/31/2005  | 
Recent incidents involving Bank of America and ChoicePoint have stirred legislative response and self-examination by industry participants.
School for Scandal
Commentary  |  3/31/2005  | 
It's amazing how often the grown-up business world seems to replicate childhood - especially junior high school.
Swedish group seeks to globalize mobile phone ID standard
News  |  3/31/2005  | 
A group of Swedish banks and mobile phone operators has established a common standard for electronic identification in mobile phones.
Deutsche Bank Alters Workflow for Correspondent Clearing
News  |  3/31/2005  | 
Foreign correspondents will have remote capture capabilities.
HP Confirms NCR's Hurd Will Replace Fiorina
News  |  3/29/2005  | 
HP's board selects NCR president and chief executive Mark Hurd to keep the company moving forward as a full-service enterprise vendor.
HP Names New Chief Executive
News  |  3/29/2005  | 
The search for a new Hewlett-Packard CEO is over, but Carly Fiorina's successor, NCR's CEO Mark Hurd, faces a tough challenge in rebuilding HP's channel.
Wells Fargo Offers Internet-Based Remote Deposit Capture
News  |  3/29/2005  | 
Bank bets on ease of installation and time zone advantage in attracting remote depositors.
Phishers Moving Away From E-Mail ’Lures’
News  |  3/28/2005  | 
Phishing attacks were up slightly in February, the Anti-Phishing Working Group reports, but the trend toward even sneakier ways of scamming identities is growing quickly.
Feds Rule Banks Must Tell Customers Of Security Gaffes
News  |  3/25/2005  | 
Four federal agencies this week issued rules to U.S. banks that require them to inform customers when their personal data has been made public because of a security breach.
Banking, Retail Industries Urged to Fight ID Theft
News  |  3/24/2005  | 
Millions of consumers are switching banks and avoiding online shopping out of fear of having their personal data stolen and used by crooks to obtain credit cards and conduct other fraudulent activities.
Disconnect Between IT and Top Management Is Growing
News  |  3/23/2005  | 
The disconnect between business and technology executives, unhealthy to begin with, is widening, according to a study released Wednesday by the A. T. Kearney management consulting firm.
ATM Pioneer Seeks Opportunity in Healthcare Payments
News  |  3/21/2005  | 
True or False: Banks Are to Merchants as Insurance Companies Are to Healthcare Providers
Shining Light On Privacy Policies
News  |  3/20/2005  | 
Business and consumer customers are both dissatisfied with and wary of offshore call centers, according to a new Managing Offshore and Call Center Magazine study. Managing Offshore editor Rusty Weston and Call Center editor Keith Dawson team up to analyze the implications of the data for global-sourcing companies.
Early Payments Translate Into Big Savings For Gas Company
News  |  3/20/2005  | 
The Williams Cos. has found that using a new Web-based system to pay some of its bills earlier than the standard 45 days will help it save $1 million a year.
You’ve Got (potentially dangerous) Mail
News  |  3/18/2005  | 
Growing external e-mail threats and an evolving compliance and legal liability environment are forcing financial services firms to reevaluate their state of preparedness.
Consumers Spooked By ID Theft, Switch Banks
News  |  3/18/2005  | 
Identity theft, or more likely, the constant barrage of identity theft stories in the media, are eroding some consumers' confidence in their banks.
Gaining Strength From Sarbox
News  |  3/18/2005  | 
Sarbanes-Oxley compliance may be a burden, but it's helping some companies improve operations at various levels
Keyloggers Foiled In Attempted $423 Million Bank Heist
News  |  3/17/2005  | 
British authorities stymied a massive bank heist that reportedly was dependent on a keylogger, the same kind of spyware that has jumped three-fold in the last year and puts consumers at risk from hackers and phishers.
SVPCO Adds Upstate New York to Expanding Network
News  |  3/15/2005  | 
Upstate N.Y. banks can use consistent rules and procedures to exchange across SVPCO settlement network.
Migration to Business-to-Business Electronic Payments: From Theory to Reality
News  |  3/15/2005  | 
Various industry, technological and regulatory trends will propel the adoption of e-payments.
Why Bank M&A Is Complex
News  |  3/15/2005  | 
Stronger capital positions and rising stock prices don't necessarily help with the operational side of a merger.
BT Group Signs $3 Billion Reuters Contract
News  |  3/10/2005  | 
U.K.-based communications giant BT Group PLC has signed an eight-and-a-half-year $3 billion contract to supply network services to information-company Reuters Group PLC.
Instant Messaging Gets Riskier
News  |  3/10/2005  | 
Attacks grow sharply; threat center warns of more than 30 widespread IM or peer-to-peer viruses and worms so far this year
Study: Cyberattacks Initiated by Professional Criminals
News  |  3/10/2005  | 
More than half the cyber-attacks conducted in 2004 were carried out by criminals interested in only one thing: money, a security intelligence firm said.
House Sends Anti-Spyware Bill To The Floor
News  |  3/10/2005  | 
The U.S. House of Representatives moved on its anti-spyware bill by unanimously voting it out of committee and sending it to the House floor for consideration.
Bank of America Describes One-Time Password Plans
News  |  3/8/2005  | 
Two-factor authentication gains momentum in banking industry.
The True Sense of Security
News  |  3/8/2005  | 
Where are financial services providers falling short in login security?
One Question For: Jeff Van Houten, SVP, Parish National Bank
Commentary  |  3/7/2005  | 
In which areas has Parish National Bank been able to increase the return on its technology investments, and why?
A Token Effort
Commentary  |  3/7/2005  | 
Over the years, banks have taken numerous steps to increase personal security in the ATM lobby.
Sourcing Strategies
News  |  3/7/2005  | 
Banks face myriad sourcing options, from build versus buy to in-sourcing and outsourcing. To select the right strategy, banks must determine which processes or services offer the most opportunity for competitive advantage or cost savings.
News & Rollouts
News  |  3/7/2005  | 
Flexible Platform; Searchspace Boosts AML Solution; InfoVista Releases IP Telephony Product; Vontu Introduces Monitoring Tool; Recent Rollouts
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