News & Commentary
Content posted in July 2005
National City Banks On TransUnion Cross-Selling System
News  |  7/29/2005  | 
Software analyzes criteria such as estimated income and debt-to-income ratios to help the bank decide whom to extend credit-card offers to.
King of Call Center Patents Sues Citibank For Infringement
News  |  7/26/2005  | 
Banks face choice between licensing, lobbying or moving offshore.
One In Four Identity-Theft Victims Never Fully Recover
News  |  7/26/2005  | 
Making things right after a stolen identity can take months and cost thousands, a survey of identity-theft victims finds.
HSBC And SAS Building Advanced Card-Fraud-Detection System
News  |  7/21/2005  | 
Bank losses from credit-card fraud dropped to $788 million last year from $882 million in 2003.
Bill Puts Spotlight Back On Data Theft
News  |  7/19/2005  | 
Several prominent U.S. Senators, including the leaders of the Commerce Committee, have introduced another bill that takes on the growing online menace of identity and data theft.
Debit Volume Exceeds Credit, Visa Says
News  |  7/19/2005  | 
For the first time, debit transaction volume has exceeded credit transaction volume for e-commerce transactions cleared through the Visa network.
Crunch Time For Payment Processors
News  |  7/15/2005  | 
Transaction-service companies hustle to comply with security standards
The Background-Check Challenge
News  |  7/15/2005  | 
Outsourcers protect themselves from identity theft by finding out all they can about employees, but gathering information can be challenging
Works Without Wires: Capital One Builds Wireless Campus
News  |  7/15/2005  | 
Most companies are content with a couple of Wi-Fi conference rooms, but Capital One thinks a wireless campus will spur game-changing brainstorms. Is it time to reconsider the potential of wireless?
City National Bank Loses Backup Tapes During Transport
News  |  7/14/2005  | 
Latest tape loss spotlights the need for better security of transported data, including encrypting sensitive information.
JPMC Exec Advocates Real-Time Data to Prevent Identity Theft
News  |  7/12/2005  | 
The Internet is the safest channel -- or it can be, if it's supported by a real-time transaction data warehouse.
IT Complexity: Compliance Achilles Heel for FSIs
News  |  7/12/2005  | 
Research contends some banks' IT departments don't know what they have.
Diebold Staves Off Preliminary Injunction in Antitrust Lawsuit
News  |  7/12/2005  | 
Third-party ATM maintainers failed to demonstrate significant threat of irreparable harm from Diebold policies, according to U.S District Court.
Executive News: Visa USA Appoints Schwab Exec As President And CEO
News  |  7/11/2005  | 
John Philip Coghlan succeeds Pascarella, who stepped down after 12 years at helm of payments company.
Visa's Take on Open Source
Commentary  |  7/8/2005  | 
'Licensing is the one Gotcha in all of this,' Visa's Garrison says.
Capital One Puts ERP At Core Of Work
News  |  7/8/2005  | 
Just five years ago at Capital One Financial Corp., it took 10 human-resources specialists to sign off on one change-of-address form.
Spyware Criminal Hits Japan Bank Accounts
News  |  7/7/2005  | 
Several Japanese banks have reported that a spyware thief tapped compromised accounts more or less simultaneously, and spirited away hundreds of thousands of yen.
OCC Issues Guidance On Web Spoofing
News  |  7/6/2005  | 
When a bank gets "phished" or "pharmed," what's the next step?
Big Deals: Healthcare in Banking
News  |  7/6/2005  | 
Fiserv, Metavante, Fidelity Information Services, and PricewaterhouseCoopers dig deeper into healthcare banking.
Banks Will Provide ID-Theft Data To FTC
News  |  7/5/2005  | 
Move will help law enforcement spot large-scale ID-theft schemes.
Application Simulation Aids Bank Customer Migration
News  |  7/1/2005  | 
SunTrust's use of iRise helped ensure that its new online banking system met user requirements.
Congress Responds To Data-Security Fears
News  |  7/1/2005  | 
Legislation would mandate data-security programs and consumer notification
The $35 Billion Question: How Will BofA’s MBNA Deal Impact The Industry?
News  |  7/1/2005  | 
BofA-MBNA deal expected to spur further consolidation and reshuffling of partnerships. Plus, it's a way to achieve organic growth for America's biggest deposit bank.
OffLine: With John Johmann, VP, Media Relations & Advertising, Treasury Services, JPMorgan Chase (New York)
Commentary  |  7/1/2005  | 
A Night at the Opera: Banker shows his support for the arts.
Why Can’t We Be Friends?
Commentary  |  7/1/2005  | 
The tagline of a recent newspaper ad for Providence, R.I.-based Citizens Bank asks, "Have we told you lately that we love you?" This is an ad touting certificates of deposit. Sorry, Citizens, yours is an unrequited love.
It’s All About Choice
News  |  7/1/2005  | 
Experian welcomes LowerMyBills.com to the fold, expanding its financial services offerings.
Speed to Market
News  |  7/1/2005  | 
Achieving speed to market can provide banks with a competitive advantage. But they need flexible technology infrastructures to achieve speed-to-market strategies, and launching products just for the sake of offering something new won't win banks new business.
Bank Sheds Pounds
News  |  7/1/2005  | 
Sparkasse replaces PCs with ultra-thin client system.
Bringing It All Together
News  |  7/1/2005  | 
BPM helps Sumitomo consolidate customer views, improve compliance.
A Win for WAN Updates
News  |  7/1/2005  | 
Hancock Holding automates WAN updates with AlterPoint solution.
One Vendor, One System
News  |  7/1/2005  | 
Union Federal finds 'one-stop solution' in Wausau lockbox processing application.
Payments Without Borders
News  |  7/1/2005  | 
Mellon develops integrated solution that spans ACH capabilities to forex transactions.
Trading In the Ether
News  |  7/1/2005  | 
The e-trading boom is causing a growth spurt in foreign exchange.
Most Secondhand Hard Drives Still Have Data
News  |  7/1/2005  | 
Although more users are wiping clean hard drives before disposing of them, seven out of 10 disks examined still contain data that can be reconstructed, according to a study commissioned by O&O Software.
EMC Melds ECM, ILM, Virtualization Into Single Storage Strategy
News  |  7/1/2005  | 
EMC managed to bring the storage industry's two top buzzwords - ILM and virtualization - together as part of a single industry trend at its technology conference.
but its partners can. This is good news for several handset manufacturers and network operators.

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Qualcomm itself still may not import its own chips into the U.S., but its partners can. This is good news for several handset manufacturers and network operators.

News  |  7/1/2005  | 
Sun will try to meld networking computing and information life-cycle management to be more competitive with IBM and HP.
Storage Networks: One More Potential Weak Link
News  |  7/1/2005  | 
Data moving across storage networks is the most exposed information in an enterprise.
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News  |  7/1/2005  | 
As banking technology and strategy evolve, ATMs can provide consumers with all the conveniences of branch banking.
Banking for the 21st Century
News  |  7/1/2005  | 
Jay Spahr, Senior Vice President of E-Commerce, Salem Five Bank
Executive News
News  |  7/1/2005  | 


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