• Articles by Steven Marlin

      • Although ATMs remain one of the most critical channels in a retail bank's distribution network, a mushrooming number of machines, coupled with alternate payment options like debit cards, is eroding both the number of per-machine transactions and return on investment.
      • I plan on adopting my late grandparents strategy to Christmas gift giving. They were first generation Sicilians, and they always gave the same simple present-money. This plan was partially predicated on necessity-they had 16 grandchildren and very limited funds-and culture.
      • Robeco Bank experiences an increase in productivity by using Siebel CRM products; Allied Irish Banks chooses a check fraud prevention system from Carreker; Penson Worldwide Settlements licenses an automated clearance and settlement service from SunGard Securities Processing.
      • JP Morgan Chase Bank to use check fraud detection system from Fiserv; Zions Bancorporation selects real-time Web analysis tool from Omniture; ATB Financial installs an integrated money laundering and fraudulent activities detection system from ACL Services.
      • Larry Diamond appointed senior vice president product development for S1 Corporation; Steve Jager assumes the role of president at Brasfield Technology; Ben Graboske named vice president of Technology and Engineering for Affinity Corporation.
      • NIB Capital Bank to develop a global electronic payment solution using Fundtech products; SEB Merchant Banking signs an agreement with Nordic Financial Systems to produce treasury solutions for corporate clients worldwide; JCB International and United Overseas Bank have launched the first credit card to offer benefits from all the retail tenants in a Singapore shopping center.
      • Commerce Bank upgrades its Corillian Corporation online banking platform; BankAtlantic, converts to an online product suite from FundsXpress Financial Network; World Savings Bank successfully beta tests and installs a Carreker Corporation product that protects banks from fraudulent electronic debits; The Bankers Bank enters into a marketing agreement with Guarded Networks to deliver information security and Gramm-Leach-Bliley compliance services to financial institution customers.
      • The seed that would eventually grow to become Line of Business Migration technology was planted in the minds of Michael and Frank Sanchez over a decade ago after a less-than-successful visit from a CIO of what was then Chase Manhattan Bank.

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