Ireland's property bubble has burst, sending its banking industry — and economy — into a downward spiral. But bank consolidation and automation efforts may help the small island's financial technology sector regain its roar.
Bank of the Cascades picks Cypress Software's Mark IV system to automate and grow consumer lending; integrated solution also includes modules for document preparation, core system interface and new account setup.
The credit crisis and related fallout have created a kind of "crisis of faith" across banking. But after the anger, sorrow and confusion, a smarter, stronger and more customer-focused banking industry could emerge.