News & Commentary
Content posted in July 2006
Growing Rewards
News  |  7/28/2006  | 
Debit card issuers are starting to ride the rewards wave that started with credit cards.
Corillian Maps to ISO Security Standard
News  |  7/28/2006  | 
Company's certification to ISO 27001 standard to provide greater assurance to clients.
U.S. Bank Automates Mortgage Workflow With Wolters Kluwer
News  |  7/28/2006  | 
U.S. Bank automates mortgage workflow and reduces paper-based processing.
Offering High-Rate CDs Online Is Banks’ Latest Customer Acquisition Play
News  |  7/28/2006  | 
To entice customers and secure deposits, some banks are offering high-rate CDs online.
Executives from HP, Novell, Microsoft and Sun Microsystems Discuss Different Types of Operating Systems Available to Banks and How They Should Go About Selecting the Right One
News  |  7/28/2006  | 
Selecting the right operating system can help banks support critical applications, driving growth while providing scalability and security. With an almost overwhelming array of choices, however, how can banks decide which operating environment is the right one?
Encrypting From the Inside
News  |  7/28/2006  | 
Stillwater National Bank encrypts e-mail with PGP.
The Next Level in Business Intelligence
News  |  7/28/2006  | 
To improve the value of business intelligence to the enterprise, banks are centralizing BI efforts and improving data management, as well as turning to predictive analytics.
Phishers Beat Citibank’s Two-Factor Authentication
News  |  7/28/2006  | 
Phishing scheme circumvents two-factor authentication.
Arcot Systems and EMC to Integrate Digital Signature and Documentum Technologies
News  |  7/28/2006  | 
Arcot, EMC add digital signatures to document management.
Off-Network Computing Assets Represent Risk to Information Security for Banks
News  |  7/28/2006  | 
Off-network computing assets can pose big risks to information security for banks.
Joseph Antonellis Has Played a Role in Making State Street Corp. the World’s Largest Investment Manager of Institutional Assets
News  |  7/26/2006  | 
Since selling its banking business to Citizens Bank in 1999, State Street Corp. has targeted the institutional investor community with a vengeance, becoming the world's largest investment manager of institutional assets with $10.7 trillion in assets under custody and $1.5 trillion in assets under management.
BS&T Blogosphere
News  |  7/26/2006  | 
News  |  7/26/2006  | 
Streamlining the Contact Center; Turnkey Authentication; GemStone to Deliver Data Platform
Targeting the Unbanked/Underbanked With the Right Solutions
News  |  7/26/2006  | 
Banks already know the vast opportunities awaiting them in the underbanked market. Now, they are searching for the right IT formula to finally tap these elusive customers.
IT and LOB Managers Must Work Together, Say Celent and Bank CIOs
News  |  7/26/2006  | 
Collaboration with the business will drive IT, experts say.
awolfe@cmp.com
News  |  7/26/2006  | 
ING has hired a group of outsourcers in deals worth about $1 billion.
Rude Awakening?
Commentary  |  7/26/2006  | 
I'm sure I wasn't the only one startled a few weeks ago to hear the morning news mention, "Swift, an international banking organization."
Americans Ready for Mobile Payments: Visa
News  |  7/25/2006  | 
Visa says U.S. consumers are becoming more aware of the possibilities around cell phone payments.
Digitization and Automation Will Yield Great Returns in Mortgage Biz
News  |  7/25/2006  | 
BearingPoint report illustrates the importance of digitization and automation in streamlining the mortgage process.
Strong Authentication " Friend or Foe?
News  |  7/25/2006  | 
Organizations around the world, particularly those with large, online consumer user communities such as banks, brokers and retailers, are under relentless attack by global identity thieves.
UBS Trial Aftermath: Even Great Security Can’t Protect You From The Insider
News  |  7/21/2006  | 
The story of the systems administrator found guilty of attacking UBS's network should stand as a warning to every company: Beware the insider you trust to protect your system--he or she could be your worst enemy.
Domain-Based Phishing Attacks on the Rise
News  |  7/18/2006  | 
MarkMonitor reports that domain-based phishing attacks now represent 73% of all phishing scams.
Phishers Beat Citi’s Two-Factor Authentication
News  |  7/18/2006  | 
Attackers are targeting Citibank in a "man-in-the-middle" phishing attack that circumvents the company's hardware token system.
What are a few bankers and tech vendors thinking these days about their technology?
News  |  7/17/2006  | 
By Art Gillis There are 30 stories in the 2006 Edition of Automation in Banking, in addition to 473 pages of stats and facts. Sixteen stories are from the mouths of bankers. Fourteen are from the keystrokes of prominent tech vendors. I served as the humble messenger. The primary value of the stories, in my opinion, lies in the fact that the subjects were their choices. Here are the topics they chose: Bankers: Core Systems as an in-house mode of processing 38% Core Systems an an outsourc
Analysts Forecast Positive IT Spending
News  |  7/14/2006  | 
Budgets are up compared to last year, most observers agree, but the question is what the money is being spent on.
In Depth: How Businesses Can Attract The Next-Generation Of IT Workers
News  |  7/14/2006  | 
Internships aren't enough. IT-dependent businesses need to take the talent pipeline as seriously as they do other critical industry risks.
Researchers Break Down NAC Defenses
News  |  7/6/2006  | 
Researchers will demonstrate new ways to bypass Network Access Control technologies at the Black Hat conference later this month.
Defense Witness In UBS Trial Says Not Enough Evidence To Make Case
News  |  7/5/2006  | 
Forensics investigator says the lack of mirror image data from the attacked UBS server calls into question exactly what was done and by whom.
EMC Acquires RSA Security
News  |  7/5/2006  | 
Deciding that security is essential to information management, EMC has acquired RSA Security to enhance its data storage and management offerings for financial institutions with a security portfolio.


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