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News & Commentary
Content tagged with Infrastructure posted in July 2009
ProfitStars Launches Document Capture Service
News  |  7/31/2009
ProfitStars has unveiled Enterprise Conversion Solutions (ECS) Document Capture Solutions, a scanning service.
Making the Case for Business Intelligence Investments in Tough Economic Times
News  |  7/20/2009
By Rajat Sharma, Onward Systems Many banks are in survival mode. Some will survive, some will merge or get bought, and some unfortunately will have to close business. What does a bank need in tough economic times? A bank needs cash flow, customer retention, to maintain profitability, and to find ways to increase revenue. How is all this possible in a survival mode? By investing in business intelligence is one promising way.
80% of U.S. Banks Are Low-Intensity Banks When it Comes to Using Technology
News  |  7/13/2009
Definition: a low intensity bank uses its IT system or outsourced service to do accounting, just like the old ledger card machines used to do. So if you should go to the back room of such a bank after 7:00 PM, you'll see: (1) item processing to get all the transactions into the core system, (2) posting transactions and updating customer accounts, (3) transmission of EFT transactions to connect with the outside world, and (4) regulatory reporting to satisfy banking laws. At the end of that run (t
American Express Commits to Five-Year Technology Services Agreement with EDS
News  |  7/6/2009
American Express commits to five-year technology services agreement with EDS, an HP company.


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