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Blog

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

Dimon's $2 Billion Bet Proves the Volcker Rule
May 11, 2012 @ 11:43 AM | By Phil Albinus

As Wall Street firms were making a case against Dodd-Frank and The Volcker Rule, JP Morgan loses big on a prop trading bet that blew up in their face.

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Speed Is the Key to Beating New Account Fraud
May 08, 2012 @ 12:13 PM | By Keir Breitenfeld, Experian Decision Analytics

Speed is key to beating new account fraud; banks and other lenders need more advanced tools to help them detect and catch fraud perpetrators, as well as find new ways to improve profit margins on their credit holdings.

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IT, Marketing Have Tense Relationship: Deal With It
April 17, 2012 @ 09:07 AM | By Larry Tieman, InformationWeek

Tension between IT and the marketing department is inevitable. CIOs must lead, not make excuses, in order to help the business deliver innovative products and services.

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BYOD is Only Beginning
April 10, 2012 @ 10:47 AM | By Bryan Yurcan

Data from Forrester Research indicates that employees are willing to invest their own money in work-related technology.

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How To Prevent Data Leaks From Happening To Your Organization
April 09, 2012 @ 14:16 PM | By John H. Sawyer Dark Reading

Data can find its way out through accidents or malice. Here are some tips for keeping your essential information from walking out the door.

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Tracking And Measuring Cloud Providers' Security Performance
April 09, 2012 @ 10:41 AM | By Chris Clymer, Dark Reading

Is your cloud provider meeting its promises for security? Here are some tips for finding out

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Will We Learn Authentication Lessons From Global Payments Breach?
April 05, 2012 @ 11:11 AM | By Ericka Chickowski, Dark Reading

Weaknesses in knowledge-based authentication and mag stripe highlighted in security experts speculation about the breach

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How an AWOL U.S. Soldier Got Paul Allen's Debit Card From Citi
March 28, 2012 @ 10:54 AM | By Bryan Yurcan

The recent case of identity theft highlights the need for strict security protocols.

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Rethinking the Biggest Threat to Banks
March 14, 2012 @ 16:01 PM | By Olivia LaBarre

A panelist at the BAI Payments Connect conference says the most disruptive and threatening force to banks is not PayPal or third-party technology vendors, but a retailer.

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Do Employees Want Their Personal Device Controlled By IT?
March 09, 2012 @ 14:24 PM | By Jonathan Feldman, InformationWeek

In the end, most employees will give up some privacy in return for convenience if their employers level with them.

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Of Supercomputers and Big Data
March 06, 2012 @ 10:54 AM | By Bryan Yurcan

Citi's partnership with IBM's Watson is the next frontier in the realm of big data.

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Will the Mobile Wallet Ever Replace the Real One?
February 29, 2012 @ 14:54 PM | By Bryan Yurcan

One survey suggests that consumers are loathe to abandon the familiar for new technologies.

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Rebuilding the Revenue Model: 5 Benefits of Core Systems Transformation
February 24, 2012 @ 11:18 AM | By Juan Pedro Moreno and Fiaz Sindhu, Accenture Core Banking Services

Leading banks are investing in their cores to reorganize their businesses around their customers -- enabling opportunities for new revenues.

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Cordray: Overdraft Fees Similar to Payday Loans
February 23, 2012 @ 10:19 AM | By Bryan Yurcan

The head of the Consumer Financial Protection Bureau said the agency will scrutinize the practice.

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Is EMV the New Metric System?
February 13, 2012 @ 10:58 AM | By Bryan Yurcan

EMV is the global standard for credit and debit cards -- except in the U.S.

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Can Banks Utilize Data Analysis to Play 'Moneyball'?
February 08, 2012 @ 08:30 AM | By Katherine Burger

It's likely there has been plenty of conflict and fear in the room as financial institutions have tried to come to grips with the implications of big data, but big data will break down organizationl boundaries and force people out of their comfort zones.

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Google Could Benefit from Gupta's Resignation
January 27, 2012 @ 11:37 AM | By Olivia LaBarre

The resignation of Vikas Gupta, Google's head of consumer payments, may be exactly what the company needs.

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How Satisfied Are Consumers With Their Banks?
January 25, 2012 @ 11:31 AM | By Bryan Yurcan

A survey commissioned by TD Bank finds that most bank customers are satisfied, and that avoiding fees is the key to satisfaction.

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Are Banks' Legal Costs 25% Higher Than They Need to Be?
January 19, 2012 @ 12:11 PM | By Rich Walsh, Viewpointe

New research from a Viewpointe-sponsored AIIM report reveals that without a comprehensive records management system in place, financial institutions may be exposed to costly and potentially damaging legal action due to their limited ability to identify and isolate key records.

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It's Time for Banks and Financial Services Institutions to Rethink the Data Warehouse
January 18, 2012 @ 12:00 PM | By Venkat Krishnamurthy, Oracle Financial Services

The new reality of data management requires financial institutions to undertake a shift from passive data warehouses to integrated analytical platforms.

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Do Banks Deserve What’s Coming to Them?
January 13, 2012 @ 12:00 PM | By Jack Leach, CAST Management Consultants

Challenging market conditions, coupled with new legislative restrictions, make it essential that banks take a new approach to realizing revenue earned and to innovate for new revenue growth.

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The Path to SmartPhone Banking Apps
January 10, 2012 @ 11:15 AM | By Michael Stevenson, Royal Banks of Missouri; Robb Gaynor, Malauzai Software Inc.; and Steve DuPerrieu, Computer Services Inc.

Despite mobile banking's growth, many financial institutions still view it as a cost rather than a revenue opportunity. In this roundtable we discuss how banks can speed up adoption rates and increase profit margins, and where deployment of apps fits into the strategy.

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Why Banks Should Support CFPB's Cordray
January 05, 2012 @ 12:05 PM | By Katherine Burger

A day after a recess appointment officially made him head of the Consumer Financial Protection Bureau, Richard Cordray defended the agency's role, reported on accomplishments so far, and identified upcoming agenda items -- including more scrutiny of non-banks.

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Will Yahoo Make a Play In the Payments Space?
January 04, 2012 @ 16:42 PM | By Bryan Yurcan

Its incoming CEO, former PayPal head Scott Thompson, grew the eBay subsidiary in the digital and cloud payments arena.

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Collateral Benefits: Reducing Inefficiencies in Collateral Management
December 26, 2011 @ 15:03 PM | By Bob Gach and Owen Jelf, Accenture

Banks historically treated collateral management as something of an afterthought, but there are opportunities and profits for those can that get this function right.

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