• Articles by Ivan Schneider

      • ABN AMRO's decision to tap EDS for a $1.5 billion outsourcing contract is the latest in a string of successes for the Dallas-based IT services company, which like its competitors has been beating the bushes for new business in a sluggish economy.
      • East Boston Savings Bank increases its loan volume by 40 percent in the three years it's used easyLender; Valley National Bank licenses branch and call center management software from S1; Charter One Bank introduces FYI Alerts.
      • Three new bank branches have opened within a two-block radius of my office in midtown Manhattan. What is interesting is that none of these new branches goes by the name of Citibank or JP Morgan Chase. My new banking neighbors are Commerce Bank, North Fork Bank, and Washington Mutual.
      • Gomez research shows consumers are not merely interested in check imaging; they are eager to the point where they are willing to forgo many other features banks offer in order to access documents online.
      • Tony Petrillo named director of technical services for TOWER Technology; BrokerTec Clearing Company appoints Frank Perrone chairman and Ronald Filler vice chairman.
      • BANCAJA Group and ABN AMRO establish trade payments partnership in Asia; The Australia and New Zealand Banking Group launches Global PAYplus payment system from Fundtech in its New Zealand properties; Cape of Good Hope Bank goes live with Trema's Finance KIT for its treasury and risk management departments.
      • Republic Bank of Chicago chooses Metavante Corporation to outsource its core processing; National City Bank Corporation selects InterChange from Netik to provide enterprise-wide application integration and automation for SWIFT message processing; American Savings Bank deploys an e-messaging suite from ZixCorp.
      • More then 200 million e-check payments were made during the first half of 2002, according to statistics released by NACHA; The Independent Community Bankers of America will recognize and support the Electronic Check Clearing House Organization rules for electronic check presentment.
      • A rule change by the major payments associations, allowing certain merchants to skip the signature requirement on transactions under $25, will allow fast-food restaurants to accept card payments at the drive-thru window.
      • Norm Balthasar named senior executive vice president and chief operating officer for Fiserv, four other promoted to division presidents; Anthony T. Anzevino appointed Banking & Investment Banking Industry Group leader for KPMG's New York Financial Services practice; Matt Semrad named chief operating officer for APPRO Systems.

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