Blog
Featuring commentary from the editors of Bank Systems & Technology, as well as other bank technology industry experts.Elizabeth Warren Says Technology Is Key for Consumer Agency
October 29, 2010 @ 11:05 AM | By Penny Crosman
Monitoring and business intelligence tools will help the new government agency detect and correct problems, Warren says.
continued...Citi CEO Pandit Applauds Intent of New Regulation, But Cautions That Basel III is Not Enough
October 27, 2010 @ 11:31 AM | By Matt Gunn
While Dodd-Frank and the CARD act have paved the way for a new level of consumer protection, U.S. financial institutions will have some uncertainty as to their affect until the regulators solidify the rules behind them. Where in some cases Basel III is a step in the right direction, in others it could potentially make matters worse, Citigroup CEO Vikram Pandit said.
continued...Credit Unions — 1970s Good Attitude, 21st Century Technology
October 26, 2010 @ 09:21 AM | By Art Gillis
Why credit unions are the new banks.
continued...Setting Priorities and Budgeting for 2011
October 24, 2010 @ 22:08 PM | By Bill Bradway
How can banks make the annual budget-crunching process a thoughtful effort, rather than a reactive one?
continued...Vendors at BAI Offer Advice, Products for Reaching Millennials
October 22, 2010 @ 11:31 AM | By Penny Crosman
Fiserv, Microsoft among those helping banks come up with strategies for serving younger customers.
continued...Twitter Co-Founder Biz Stone Tells Bankers to Be Authentic on Twitter
October 22, 2010 @ 07:52 AM | By Penny Crosman
At the BAI Retail Delivery show this week, Stone shared stories about Twitter's early days and offered advice to Twitter newbies.
continued...Heads Up, Bankers: Gartner Identifies Top 10 Strategic Technologies for 2011
October 21, 2010 @ 14:18 PM | By Kathy Burger
Heads up, bankers: Gartner identifies top 10 strategic technologies that are likely to have “significant impact” on businesses in 2011.
continued...Card Act, Reg E Spawning New Price, Revenue Analytics Tools
October 20, 2010 @ 15:37 PM | By Penny Crosman
SAP and Fiserv among vendors coming out with business intelligence tools aiming to help banks be profitable in spite of a loss of fee income.
continued...Young Americans' Values and Spending Shifting Toward Self-Reliance, Frugality
October 20, 2010 @ 11:38 AM | By Penny Crosman
Millenials value kindness, high quality, friendliness, social responsibility and leadership in the companies and brands they use.
continued...Flurry of Mobile Banking News as BAI Show Starts
October 19, 2010 @ 11:19 AM | By Penny Crosman
Mobile banking looks to be a dominant topic at this year's show.
continued...One Bright Spot in Banking: Technology Providers
October 18, 2010 @ 16:59 PM | By Art Gillis
Today's core banking software company executives tend to have humility, responsibility and equal parts of modesty blended with chutzpah.
continued...Mobile Fast Becoming Americans' Window to the Internet, and Android's Growing Fastest
October 18, 2010 @ 12:04 PM | By Matt Gunn
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Citi Testing Voice Biometrics to Improve Security
October 15, 2010 @ 10:21 AM | By Penny Crosman
Citibank Australia CEO believes voice is a stronger means of identification than fingerprint checks, iris scans, or any other method.
continued...Consumers Should Share the Cost of Fraud, AVG CEO Says
October 14, 2010 @ 11:17 AM | By Matt Gunn
With the ongoing threat of account hacking, phishing, spear phishing, keyloggers, trojans and the general proliferation of electronic fraud, perhaps it's time for financial institutions to turn some of the responsibility for consumer identity protection back onto the consumer.
continued...Mobile Banking Onboarding Tends to Be Too Tough, User Experience Firm Says
October 13, 2010 @ 10:59 AM | By Penny Crosman
Testing the mobile banking onboarding processes of ten large banks, Change Sciences found them to be slow and cumbersome.
continued...Dead Data on Real-Time Bank Systems is Like Tossing IT Money Down the Drain
October 12, 2010 @ 12:40 PM | By Art Gillis
A billion bits here, a billion bits there do add up.
continued...Banks Should Upgrade Business Payment Technology, Silicon Valley Bank’s Pradeep Moudgal Says
October 12, 2010 @ 09:42 AM | By Penny Crosman
All the emphasis has been on consumer payments, but the business side will be more lucrative, according to the bank's head of global cards and merchant services.
continued...Bankers Bullish on Bonuses, According to Survey
October 11, 2010 @ 13:24 PM | By Penny Crosman
eFinancialCareers survey of mostly American bankers finds they're much more optimistic about bonuses than last year.
continued...Basel III: What Will It Mean and By When?
October 11, 2010 @ 10:39 AM | By Bill Bradway
What kind of impact will the proposed Basel III bank capital rules have on U.S. banks – not only the biggest institutions, but also mid-sized and community banks?
continued...5 Fun Facts About ATMs Around the World
October 08, 2010 @ 09:35 AM | By Penny Crosman
A few lesser-known uses for ATMs.
continued...Analytics' Role in Driving Business a Topic at BS&T Summit
October 05, 2010 @ 10:14 AM | By Matt Gunn
Among the themes prominent through the first day of the Bank Systems & Technology Executive Summit in San Diego were marketing communications, social media and analytics, and their role in driving business and IT.
continued...As The Reform Dust Settles, Banks and Their Tech Vendors Begin to Look a Lot Weaker
October 04, 2010 @ 18:34 PM | By Art Gillis
Inside-The-Box Bank Management + The Best Employees + World Class Technology + New Regulatory Scrutiny = A Business Model Destined to Fail
continued...Mobile Banking, Social Media Shaping Channel Strategies at First Tennessee
October 04, 2010 @ 16:21 PM | By Penny Crosman
Paying too little attention to mobile banking and social media could cost banks customers, the bank's chief marketing officer suggests.
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