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.

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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.

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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.

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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.

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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.

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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.

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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?

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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.

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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.

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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.

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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.

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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.

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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.

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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?

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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.

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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?

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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.

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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.

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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?

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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