Blog

Featuring commentary from the editors of Bank Systems & Technology, as well as other bank technology industry experts.

Stress Testing and Data Collection
May 23, 2013 @ 14:06 PM | By Cathy Moore- Sageworks

Exactly what kind of data do banks need for bottom-up stress testing?

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Predicting Success In Banking & Politics: It's All About The Analytics
May 22, 2013 @ 11:02 AM | By David M. Wallace- SAS

At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.

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Q&A: Banks Must Take a Holistic Approach to Cybersecurity
May 16, 2013 @ 10:37 AM | By Bryan Yurcan

As cybercrime becomes more prevalent, due to the widespread access to technology that criminals now have, banks must remain eternally vigilant, says Booz Allen Hamilton's Bill Stewart.

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Don’t Break the Bank: Back up Your Files
May 10, 2013 @ 13:03 PM | By Michael Krutikov- Symantec

The loss of sensitive and confidential information, be it by theft, accident or natural disaster, can be devastating.

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Are Spreadsheets Lurking in Your Infrastructure?
May 06, 2013 @ 10:23 AM | By John Nerenberg- AlixPartners

Bank management teams should focus on correcting vulnerabilities within their own operations.

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Critical Bank Management Skills for the 21st Century
April 22, 2013 @ 15:28 PM | By Michelle Katics- BankersLab

In the past, your teams needed to be able to demonstrate a detailed grasp of policy, rigor in analyzing reports, and dedication to data quality -- but to tackle today’s challenges, a different form of expertise is required.

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API: Entry Point to the New 'Open' World of Banking
April 21, 2013 @ 22:18 PM | By CeCe Morken- Intuit Financial Services

The greater flexibility provided by API technology means banks can quickly provide the kind of product customization and experience customers expect. This depends on open infrastructures and data feeds.

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The Bitcoin Bubble Explained, Colbert-Style (Video)
April 21, 2013 @ 16:26 PM | By Kathy Burger

The comedian analyzes the volatile online currency.

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Mobile Payments: Moving Ahead At Full Speed
April 18, 2013 @ 09:46 AM | By Bryan Yurcan

This week saw more major movement in the ever-growing mobile payments space.

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The Impending Modernization of Your Banking System: You Can't Afford to Wait!
April 05, 2013 @ 14:38 PM | By Dinesh Venugopal- MphasiS

Although legacy systems replacement is a major undertaking for any bank, the global banking industry could regain a significant proportion of the profitability lost during the financial crisis by adopting modern core systems.

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Science Versus Art in Risk Management: Lessons from Merrill Lynch
April 04, 2013 @ 11:54 AM | By Kathy Burger

Merrill Lynch’s former head of market risk oversight sounds off on what he sees as the failures of current risk management practices. Is he right?

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How To Improve Customer Onboarding
March 07, 2013 @ 14:06 PM | By Dennis Hooks- Equifax

Effective customer on-boarding continues to be a challenge for many financial institutions.

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What Will Retail Banking Look Like in 2020?
March 01, 2013 @ 07:51 AM | By Joe Brady- Jones Lang LaSalle

Today, the definition of “bank branch” is being transformed by technology, competitive dynamics and economic pressures.

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Technology the Key for Reaching the Underbanked
February 26, 2013 @ 10:33 AM | By Hamed Shahbazi- TIO Networks

In order for banks to capitalize on this revenue stream, they have to do a better job at anticipating the underbanked consumer’s need for a mobile experience.

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How Personalized Videos Can Move Banks to Top of Wallet
February 22, 2013 @ 10:55 AM | By Jim Dicso- SundaySky

Financial institutions have reached a tipping point in which they need to leverage technological advances, while maintaining focus on the individual customer, to ultimately move to the top of the consumer’s wallet.

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The New Bank Fee Model?
February 07, 2013 @ 11:00 AM | By Bryan Yurcan

Deloitte reports that there is growing consumer sentiment for a pay-by-transaction plan when it comes to bank fees.

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Will Tablets Be the Key for Corporate Mobile Banking?
February 05, 2013 @ 10:21 AM | By Bryan Yurcan

The tablet will provide tools for the corporate treasurer that a smart phone currently doesn't, some say.

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Fintech M&A Keeps On Coming
February 01, 2013 @ 11:17 AM | By Bryan Yurcan

Two more significant acquisitions were announced this week in the financial services technology space.

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New Threats, New Solutions: Combating Cyber Attacks
January 31, 2013 @ 11:46 AM | By Tom Hinkel- Safe Systems

Small to medium-sized financial institutions need to reevaluate their own security controls.

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The Compliance Risk of Social Media
January 29, 2013 @ 10:49 AM | By Bryan Yurcan

The guidelines recently issued by the FFIEC on risk management and the use of social media for financial institutions only scratches the surface of this burgeoning issue.

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How Capital One Uses Video to Drive Social Strategy
January 17, 2013 @ 10:19 AM | By Bryan Yurcan

The bank launched a humorous digital video series designed to promote its mobile banking offering.

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4 Areas of Focus for Competitive Advantage in Banking in 2013
January 11, 2013 @ 12:01 PM | By Jim Eckenrode- Deloitte Center for Financial Services

2013 may end up as "the year of regulatory implementation in banking," but compliance is not the only challenge facing banks that want to outpace the competition.

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NFC Moves Forward With Case-Based Payments
January 11, 2013 @ 09:21 AM | By Bryan Yurcan

U.S. Bank is among those testing an NFC-enabled iPhone case

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Corporate Mobile Banking Slowly Gaining Traction
January 07, 2013 @ 10:26 AM | By Bryan Yurcan

Though adoption has been slower than on the consumer side, the growth potential is still there.

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Qualitative Risk Factors Banks Must Consider
January 04, 2013 @ 11:16 AM | By Regan Camp and Ed Bayer- Sageworks Inc.

Banks face intensified regulation and scrutiny pertaining to their ALLL calculations.

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