Content posted in November 2010
|
Q&A: Adrian Kunzle, JPMorgan Chase, Expects More Hybrid Clouds to Emerge in 2011
Kunzle, a steering member of the new Open Data Center Alliance, expects large banks to continue to grow their private clouds and to explore and experiment with hybrid clouds and platform-as-a-service offerings.
Researcher Shows How Fraudsters Might Use iOS Browser Loophole to Fool Users
A loophole in how some mobile browsers display website address bars could represent an opportunity for fraudsters to trick users into believing they are visiting a trusted site.
How Do I Love Banking? Let Me Count The Ways
Banks should stop trying to tell customers how to bank.
WikiLeaks' Next Target to Be A Major Bank, Assange Tells Forbes
WikiLeaks founder says he has tens or hundreds of thousands of documents showing a U.S. bank committed flagrant violations and unethical practices.
Tablets, Smartphones Take a Bite Out of PC Sales
Although worldwide PC shipments in 2010 will still surpass shipments in 2009, the increase won't be as much as initially expected, reports IT research and advisory company Gartner. The culprit for lowered PC sales expectations? Mobile devices, namely media tablets such as Apple's iPad.
Are Mobile Payments Primed for Exponential Growth?
In the developing world, those with cell phones outnumber those with bank accounts. And, as The New York Times reports, global usage of mobile-based banking is on the rise domestically, as well.
DBS Bank To Start Contactless Mobile Payment Trial in Singapore
1,000 bank customers will be offered the opportunity to make mobile payments through a small device embedded in their mobile phone.
PayPal Saw 310% Increase in Mobile Payments on Black Friday
PayPal appears to be on track to move $700 million in mobile payments this year.
Isis Sees Mobile Payments Succeeding Through Partnership
Formed through the partnership of three of the four largest mobile phone operators in the United States, the recently-announced Isis payment network could be the first successful attempt at getting domestic cell phone customers to ditch plastic and start paying with their phone.
What India Provides in Low Labor Rates, U.S. Can Return in High Experience
India's banks could use U.S. help in IT security.
Chase Mobile Hits the Android Marketplace
New York-based JPMorgan Chase Bank has released its Chase Mobile app in the Google Android Marketplace, bringing features popularized by its iPhone app - including mobile remote deposit capture - to a wider base of customers.
Mobile Payment Alternatives Expand: To Be or Not To Be?
Mobile payment alternatives : Has the mobile payments landscape has reached a tipping point for one or more alternatives?
5 Ways to Improve BI Using Publicly Available Data
By tapping the vast amount of data available on the web, banks can dramatically improve their business intelligence.
3 of Banking's Most Unusual Analytics Deployments
Detecting possible bankruptcies, identifying bank robbers and creating 10-year forecasts are among the more novel deployments of analytics in banks.
Data Management: The Heart of Financial Reform
As financial reform takes shape, new regulations that give the government the power to examine financial institutions' data are driving banks to modernize and standardize their data management capabilities.
Q&A with RainStor Advisory Council Chairman Frank Fanzilli
As chairman of the RainStor Advisory Council, Frank Fanzilli is applying his expertise to help the financial services sector manage "Big Data," the enormous task of retaining and referencing huge stores of data.
How Kirkpatrick Bank Protects Customers From Online Fraud
Bank offers card data encryption device to customers to protect their online shopping and provides network monitoring to identify potentially fraudulent transactions.
Beth Mooney to Become Keycorp CEO
Current bank president Mooney to become the first woman to lead a top 20 U.S. bank.
Schmidt, Zuckerberg, Bartz Share Mobile Payment, Internet Strategies at Web 2.0 Summit
Google CEO describes the mobile payment features in the next Android operating system as a replacement for credit cards.
Business Technology Spending to Increase in 2011
Preparing for an onslaught of regulation, and driven by a need to improve performance, financial services firms finally are spending more on IT.
60% of Financial Institutions Consider Themselves Social Media Novices
But 90% of banks plan to have dedicated social media budgets by 2012, Aite Group survey finds.
Is Telecom Carriers' Isis Mobile Payment Venture An Opportunity Or A Threat to Banks?
Banks are wary of the mobile payment joint venture formally announced this week by Verizon, T-Mobile and AT&T, but at least one expert says they shouldn't be.
SunTrust Announces Several Leadership Changes
Atlanta-based SunTrust Banks on Tuesday announced several leadership changes within risk management, consumer banking and investor relations.
Mobile Payments to Reach $214 Billion By 2015, Aite Forecasts
Analysts anticipate a 68% compound annual growth rate in U.S. mobile payment volume over the next five years.
FDIC Is Investigating 50 Failed Banks for Role in Financial Crisis; Are They Going After the Right Guys?
If the small community banks were the biggest gamers of the system, wouldn't they still be around, reveling in their spoils?
U.S. Bank To Test Visa payWave Contactless Payments
Bank will issue contactless payment microSD chips that fit into smartphone devices and allow mobile payments.
Smartphone Manufacturers Commit to NFC, but Will Banks?
With Google CEO Eric Schmidt's announcement yesterday at Web 2.0 Summit in San Francisco that the next edition of Android — officially version 2.3, or Gingerbread — will have Near Field Communications capabilities baked in, came new evidence of smartphone manufacturers' and developers' continuing commitment to turning mobile phones into something more akin to digital wallets.
While Generic Tech Companies Are On An Aggressive Acquisition Hunt, Bank Tech Companies Have Pulled Back
Core banking vendors no longer need to acquire other companies at their former rate.
First Look at Facebook Messages
Facebook's move to expand its purview into email, chat and instant messages will add another wrinkle to banks' social media initiatives.
Zeus Malware Found to Be Targeting Citrix Users
The latest version of the popular (with criminals) malware is designed to steal Citrix login credentials.
Bank of North Carolina's Credit Analysis Tool Will Pave the Way for Risk Dashboard
Central platform for analyzing and approving loans will lead to risk management dashboard for stress testing, identifying loan concentrations.
PNC Launches Mobile Banking Tailored to Commercial Customers
Pittsburgh-based PNC last week introduced Pinacle Mobile online banking capabilities for financial executives who wish to access commercial services through a mobile device.
J.P. Morgan Launches iPad Research App
Offers online and offline investment bank research via the iPad.
Royal Bank of Canada's Futuristic New "Stores" Blend Self-Service With Assisted Service
Microsoft Surface and Cisco telepresence help Canadian branch staff ease customers into online channels and in-depth financial discussions.
Many Consumers Don't Believe Their Financial Interests Are Being Protected
Less than half of American consumers believe laws and regulations are appropriately protecting their financial interests, and many are dissatisfied with financial services.
Is It OK for Women in Banking To Have Personal Lives?
Is it OK for women in banking to have personal lives? NY Times profile of Morgan Stanley's CFO, Ruth Porat, raises questions about work/life balance.
Debate Swirls Around Banks' Social Media Efforts
Are banks' social media network initiatives succeeding or a waste of time? Observers disagree.
SunTrust Joins Ranks of Banks Beefing Up Online Banking Security
Online treasury management clients eligible for free download of Trusteer Rapport security software.
ING CEO Kuhlmann Offers Tips on Creating A Great Customer Experience
Three elements of ING's winning formula: don't outsource call centers, don't use IVRs, get rid of complaining customers.
Scotland Eager to Grow its Financial Services and BPO Industry
Why, when there are lower-cost alternatives, do Scottish officials believe the country is a desirable location for financial services operations in Europe?
SunTrust Names President William Rogers to Added Role of COO
Rodgers will oversee the technology arm of the company, which is led by chief information officer Tim Sullivan.
Americans Exposing Personal Data on Social Networks, Survey Finds
Harris Interactive survey finds more than 24 million U.S. adults leave their profiles public, millions more reveal sensitive information such as birthplace, address and pets' names (answers to common security questions) to potential fraudsters.
Lending Club Offers 7 Reasons Banks Fail At Social Media
In a blog, the social lending site offers criticism to banks that want to improve their social media efforts.
Bank of America Most Talked About, Wells Fargo Highest Regarded Bank in Social Media
But Citi and Bank of America receive low "net perception" scores in social media analysis conducted by Serendio.
4% of Businesses Use Mobile Banking, But 65% Would Like to Use It, Aite Survey Finds
Demand greatly exceeds supply, although security is still a concern, survey of treasury executives finds.
If Any Bank Does Real-Time Transaction Processing, It Shouldn't Sleep
It's time to put payments processing optimization at the top of a bank's priorities.
Citi Gives Wealthy Clients An iPad App for Research
Private banking research app now available at the App Store.
U.S. Bank to Use PayPal-Like, Bank-Centric Online Payments System
First large bank to offer online payments through NACHA's Secure Vault System.
Citizens Bank Launches Mobile Banking for Businesses
Sybase 365 software will let corporate and business banking customers monitor accounts remotely, receive bank alerts, approve and release wire transfers, and obtain account balance snapshots from their mobile devices.
Only Half of Top 100 U.S. Banks Offer Mobile Banking, Study Finds
Only 32% of the largest U.S. banks offer mobile banking apps, a First Annapolis study finds; others offer SMS and web-based mobile banking.
|
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.
Tweet This