Blog
Featuring commentary from the editors of Bank Systems & Technology, as well as other bank technology industry experts.Banking Is Ruined Forever, Or At Least Until Lawmaker Reform Takes Place
January 28, 2011 @ 09:29 AM | By Art Gillis
A synopsis of the financial crisis.
continued...Disjointed Mobile Banking, Payments Strategies Present a Challenge
January 28, 2011 @ 08:00 AM | By Marc DeCastro and Aaron McPherson- IDC Financial Insights
IDC analysts suggest ways banks can refine their mobile banking strategies.
continued...How to Stem the Tide of Mobile Attacks
January 27, 2011 @ 08:00 AM | By Amit Klein- Trusteer
Threats to the security of mobile banking transactions are increasing, but there are three steps banks can do to protect them.
continued...Technology's View of 15,164 U.S. Financial Institutions Consists of 10 Groups
January 25, 2011 @ 11:48 AM | By Art Gillis
More than just the two types people tend to think of.
continued...Social Media Analytics Tools Bulk Up
January 25, 2011 @ 11:25 AM | By Penny Crosman
The tools banks use to monitor and analyze customer activity on social media networks are quickly expanding and adding new features.
continued...Rumors Swirl Around Apple's Next iPhone and NFC
January 25, 2011 @ 10:53 AM | By Matt Gunn
Whether or not Bloomberg is correct in saying Apple will include NFC in its next iPhone, the idea makes sense.
continued...Strategic vs. Tactical IT: Both Add Value -- Timing Is Important
January 24, 2011 @ 09:52 AM | By Bill Bradway
Which IT priorities -- strategic vs. tactical -- are right for the near, medium- and longer-term?
continued...Consumer Group Applauds CFPB's Efforts to Date, Including Its IT
January 24, 2011 @ 09:49 AM | By Penny Crosman
Technology team making quick work of new website and complaint database.
continued...Banking IT-- Still Seeking Respect?
January 21, 2011 @ 12:45 PM | By Kathy Burger
With Q4 financials coming out, it seems like top management at many banks still sees IT as a cost, rather than a strategic necessity.
continued...BofA's Apparent Domain Buy-Up the Cost of Doing Business in the Age of WikiLeaks
January 21, 2011 @ 12:04 PM | By Matt Gunn
Reports suggest Bank of America might be taking online brand protection initiatives.
continued...Frank Says He'll Work to Revoke 12-Cent Cap on Debit-Card Fees
January 20, 2011 @ 14:37 PM | By Penny Crosman
Dodd-Frank co-author says he will work with House Republicans to get the Fed to change its ultra-strict limits on debit card interchange fees.
continued...Banks' Technology Response to Regulatory Changes
January 19, 2011 @ 12:57 PM | By Sandeep Vishnu- Partner- North American Finance- Risk- and Compliance Practice- Capco
Meeting the Dodd-Frank Act's ongoing and evolving regulatory demands will require banks to make significant investment in data and analytics.
continued...How Sheila Bair Would Fix the Foreclosure Crisis
January 19, 2011 @ 11:49 AM | By Penny Crosman
Mortgage servicers should be compensated differently and provide a single point of contact for troubled borrowers, for a start.
continued...Addressing Commercial Finance Challenges
January 19, 2011 @ 11:47 AM | By Johanna Pugh and Marc Bilanti- Vice Presidents of Sales- Custom Credit Systems
What kind of impact will a host of new financial services regulations have on banks' commercial financing businesses?
continued...When Bank Tech Vendors Cater to the Underserved, That Gives "Value-Add" A Whole New Meaning
January 18, 2011 @ 09:00 AM | By Art Gillis
A new electronic financial account could give banks a piece of tech sensitivity.
continued...Blurring the Lines Between What's Public and What's Private
January 14, 2011 @ 14:00 PM | By Kathy Burger
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Americans' Use of Cash Dropping, Except Among Gen Y
January 14, 2011 @ 08:53 AM | By Penny Crosman
Aite Group's prediction that U.S. consumers’ use of cash will decline by a total of 17% between 2010 and 2015 is not surprising, given the rising popularity of debit cards and mobile payments. But why is Gen Y increasing its use of cash?
continued...What Does a Verizon iPhone Mean for Banks?
January 11, 2011 @ 11:50 AM | By Matt Gunn
Ultimately, wider carrier availability of Apple's iPhone could drive mobile and online banking.
continued...What Does Going Global Mean to U.S.-Based Bank Tech People?
January 11, 2011 @ 11:43 AM | By Art Gillis
Going global is not just a buzz word - start studying.
continued...Philippines Takes the Lead in Overseas Call Center Jobs
January 10, 2011 @ 11:40 AM | By Matt Gunn
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How Much Better Will 2011 Be Than 2010 -- and for Whom?
January 09, 2011 @ 21:14 PM | By Bill Bradway
What can we expect in 2011 in terms of financial institution spending, vendor activity, and investor strategies?
continued...Dodd-Frank Repeal Proposed, Can It Be Passed?
January 07, 2011 @ 08:44 AM | By Penny Crosman
Congresswomen Bachmann has made a bold bid to end the sweeping financial reform bill.
continued...I'll Take Good News Happily Even Though It's Not Bank Tech
January 06, 2011 @ 11:34 AM | By Art Gillis
While the rest of the economy slowly recovers, cotton farmers are doing extremely well.
continued...U.S. Consumers Are Averse to Checking Fees, Survey Finds
January 06, 2011 @ 11:18 AM | By Penny Crosman
As Bank of America, J.P. Morgan Chase, Wells Fargo and others experiment with checking account fees, a BAI survey finds that 85% of bank customers expect free checking.
continued...Intelligent Data Management
January 05, 2011 @ 11:45 AM | By Paul Sussman- First Manhattan Consulting Group
Banks need to use their data to work smarter, not harder.
continued...Analytics: Using Data More Effectively
January 05, 2011 @ 11:40 AM | By Ron Ruckh- LECG
Banks understand the basics of business analytics, but they could use the data more effectively.
continued...Connect With a Web 2.0 Audience
January 05, 2011 @ 11:00 AM | By Jacob Jegher- Celent
Banks need to tie social media into business goals and improve the overall online experience.
continued...As Mobile Banking Gets Smarter, Will it Get Safer?
January 05, 2011 @ 11:00 AM | By Matt Gunn
The phone might not be a mobile wallet yet, but with mobile banking it should be treated as one.
continued...Google Said to Be Building A Mobile Payment Service
January 04, 2011 @ 09:44 AM | By Penny Crosman
According to BusinessWeek, the search giant plans to roll out an NFC-based mobile payment and advertising service this year.
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