Content posted in September 2004
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Community Banker Sounds the Alarm
Against superior technological firepower and the expansionary ambitions of larger banks and credit unions, community banks may be faced with a difficult choice: gear up on technology, or sell.
Phishers Fake FDIC Web Site
Phishers spoofed the Federal Deposit Insurance Corporation's Web site -- again -- using bogus e-mails.
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Automated devices like smart cameras, cash dispensers, wireless terminals and teller-assist stations can make the branch more effective and better for the customer.
One Question For: Bob Mandala, Team Bank of America
How does technology play a role in the volunteering efforts of your organization's employees?
Opening the BS&T Mailbag
In the same way that movie moguls check out the overnight box office receipts, television executives pore over Nielsen reports and Red Sox fans monitor their blood pressure, I have made it a daily habit to check out our Web statistics.
Carrying On With Convenience
7-Eleven offers customers round-the-clock financial services through in-store kiosks.
Clearing and Settlement
Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together.
New Products
Wachovia Builds Next-Generation Platform; Source Technologies' MICR Laser Printer; Postini E-mail Perimeter Manager; Office 3.0 From Equitrac
Who Goes There?
Excel Bank Minnesota picks Datakey smart card solution to authenticate network users.
Allied Irish Banks Sets Sights on Application Performance
To improve service and leverage existing IT investments, AIB taps BSM solution.
Alpine Bank Adopts Higher Security
Bank chooses Norlight to detect and prevent network intrusion.
Tracking Innovation in Financial Services
The idea of innovation has been on a conceptual roller coaster in recent years.
Collaboration Conundrum
Too many standards groups can spoil the broth.
Wiring Funds Faster
First National Bank of Arizona uses Fundtech's browser-based payment tool.
Strategic Milestones
Lazaro Campos, Head of the Banking Industry Division, SWIFT (La Hulpe, Belgium)
GE Brings SWIFT to Life
Corporate treasury seeks automation, information and simplification through adoption of financial messaging standards.
Viva Standards!
Proprietary interfaces are out, and common message standards for banks (and their clients) are in.
Exec News
PNC's New Risk Officer; James Monroe Taps Fouse; TowerGroup Hires Sales VP; National City Promotions; Bottomline Execs Move Up
Bank of America Names New Retail Exec
Combined role highlights organizational focus on tech apps.
JCB Pilots Payments via Mobile Phone
Embedded smart card allows contactless payments.
Customers Not Crazy for Contactless
Study finds that consumers can wait for card technology.
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Citi Deploys Reveleus; Southwest Licenses AFS; M&I Bank to Use; STB Teams With COCC; ICBA Extends Contract; Georgia C.U. Offers EBP; First Hawaiian/BANKLINK; FTI Finds Volante; ING Canada Selects Fincentric ING; Keycorp/Digital Dispatch
court ruling that set a strong precedence for open source licensing. Not ">
The other week, the open source community enthusiastically welcomed a court ruling that set a strong precedence for open source licensing. Not Secret Service and Carnegie Mellon's Software Engineering Institute release insider-threat study.
UFJ’s Purchaser to Gain Scale in IT Outsourcing
In the battle for Japan's UFJ, the stakes include more than the bank's assets.
FSIs Offer Financial Relief to Hurricane Victims
Bank One and Western Union offer help to customers affected by Hurricane Charley.
My Kind of Town
It must be a great time to be a sign-maker (or to buy stock in one), based on what I'm seeing in the neighborhoods where I work and live.
IBM’s SWIFT Expert Describes Industry Transformation
Strategic transformations in the financial industry include the bank/corporate relationship and the consolidation of back offices at European banks.
The Days of the Outsourcing Megadeal Are Over
Celent Communications expects to see more focused outsourcing contracts.
Something New -- Usually Something Old
A gap persists between the introduction of Web banking features at one bank and the widespread awareness and adoption among all banks.
JPMorgan Chase Cancels Outsourcing Deal With IBM
'The writing was on the wall,' observers say.
Chase Cancels IBM Outsourcing Deal, True To Its President’s Form
J.P. Morgan Chase president and chief operating officer Jamie Dimon believes technology is better done in-house.
Disaster Recovery Planning Grows, Slowly
Banks may be prepared for disaster, but most companies aren't.
Pegging the Right Outsourcing Strategy
As outsourcing takes hold, the provider landscape is shifting and so is the way decisions are made. CIOs must consider: What's the key value proposition and what differentiates my business from those of competitors?
https://www.informationweek.com/
Speedy decisions have enabled GreenPoint to bring new products to market in record time.
Former Amex Chief Joins BitPass Board
Micropayment firm BitPass has received $11.75 million in its latest round of funding.
https://www.informationweek.com/
Pegasystems relationship demonstrates IBM vertical industry strategy
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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.
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