Reducing Risk and Seizing Revenue Streams With Electronic Invoicing
With near failures and mega-mergers around almost every corner, the banking industry is experiencing unprecedented change. With much of their focus on achieving cost efficiencies and effective resource utilization, banks may be losing sight of a key issue - finding ways to build and retain customers to remain profitable. One way to achieve this balance is to deliver new services that enable banks to simultaneously develop new revenue streams while deepening the relationship with the customer.
What Some Consumers Thought of Their Banks' Systems--16 Years Ago
Don't stop reading yet just because 16 years in bank tech is like ancient history. This is entertainment because it happened in the Big Easy, pre Katrina, when hurricanes were treated like a mosquito bite. In my opinion, the survey results are just as true today as when I first did the exercise.
Using IT to Survive Mergers and Acquisitions in a Challenging Economy
Few industries have been affected more by today's economic downturn than the financial industry. Many financial institutions have been forced into consolidations and mergers, requesting government assistance just to survive. They are pressured to show revenue increases and cost reductions almost immediately, and depend heavily on IT to meet these demands.
Bank Tech Sector Still a Learning Process
I never thought I knew it all, and every day I realize how right I was. I just glanced at the first edition of Automation in Banking. If I compared it to the 2009 edition, it would look like a 1985 Oldsmobile-couldn't compete and no longer available. I learned a lot in 24 years, but I'm still learning.