• NEWS
  • Topics
  • July 2008
  • June 2008
  • May 2008
  • More
• FEATURES
  • Podcasts
  • Banking in Healthcare
  • Anti-Money Laundering
  • Retail Delivery
  • More
• OPINIONS
  • Art Gillis
  • Editor
  • Perspectives
  • Executive Q&A
  • BS&T Blog
• EVENTS
  • Upcoming Live Events
  • Upcoming Web Events
  • Recent Events
  • On-Demand Web Events
• TOOLS
  • Buyer's Guides
  • Digital Library
  • Career Center
  • Education
  • Internet Banking Systems
  • Online Mortgages
• CAREERS
• RESOURCE CENTERS
  • IT Management Strategies
  • Payments
  • Outsourcing
  • Retail Strategies
  • CIO Strategy Center
  • Mobile Banking

Bank Systems & Technology: The Blog

« November 2007 | Main | January 2008 »

Domestic core system vendors vs. International core system vendors. Every week I read about a new sale made by either i-flex solutions, TEMENOS, Infosys, Misys, or Tata Consultancy, and they are mostly significant sales. But their marketplace is not the U.S. There's a more active market out there called "the rest of the world." While this robust new business activity is taking place, U.S. vendors are still looking for the passport office.

To all the guys in our business who have made the tough loans during good times and bad times, let me confess. I've never been there. I only watched, and here are some things I discovered about lending.

Two new reports, both issued within the last week, detail methods that financial institutions could employ to lessen their environmental impact. While many banks are starting to take steps to become greener, lack of regulatory guidance leave many institutions unsure of what paths to pursue and where to start. TowerGroup and Gartner offer some advice for those looking for some direction.

Well, it looks like it's finally getting through to the world's corporations. Information security IS about more than just staying out of trouble. Ernst & Young issued findings from its tenth Global Information Security Survey and concluded that a growing number of firms recognize the other fringe benefits of keeping data safe.

By Michael Ellison - Corporate Insight

In the course of our weekly research of bank websites, we recently encountered a Chase Panel splash page when logging into our online account. The page announced that customers could join the Chase Panel, a forum designed to collect feedback from customers about Chase products and services through online studies and surveys.

Computerworld just published its list of the top 100 innovators. I am not one to be impressed by "beauty contests" but I like to see how others rank the best performers.

Any marketing consultant will tell you that one of the best ways to increase sales is to market to existing clients. They already have a relationship with you and - presumably - trust you. Consequently, they should be easy targets for cross-selling or up-selling. Call it low-hanging fruit. Financial marketers even have a fancy (if somewhat dull) name for it: increasing share of wallet.

While interviewing an executive from Bank of America for a mobile banking article, I learned of a new online banking function, the ability to transfer money from my account to that of another Bank of America customer.

It was on August 29, 2005 that I took my first cheap shot at the now fired CEO of Citi, after I had read a PR-type article in the American Banker. This was the shot: Mr. Prince says, with surprise, "Citibank can't put together four accounts of a retail customer." Even a rookie in today's bank tech world has to ask, is the year 1965? I believe the next operating committee meeting at Citibank might well begin with, "This is not about insurance, brokerage or other financial services. This is about banking. Is there a banker in this room who can lead the discussion?"

It looks like credit card issuing banks are starting to take a leadership position when it comes to the whole "green" craze in which we now find ourselves. Sure, we've heard news about banks building green data centers and others that are constructing new offices that are Earth friendly. Now, we're seeing credit cards getting creative with their rewards programs by promoting green initiatives rather than the typical airline miles.

July 2008 Sun Mon Tue Wed Thu Fri Sat     1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Categories Art Gillis BS&T Contributors BS&T Podcasts Editorial Calendar Guest Column In the News Weekly Roundup M&A Mobile Banking Outsourcing Payments Privacy/Security Retail Banking Strategies What We're Doing What We're Reading What We're Thinking Archives July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005