Financial Supply Chain Management
Financial Supply Chain Management Continues to Evolve Christopher Baker, SVP and Trade Executive for the Americas and Europe, Bank of America

COVER STORY
Financial Supply Chain Management Continues to Evolve
Financial supply chain management is becoming a promising business line for banks to offer corporates.

Plus
SWIFT's TSU Could Bring Benefits to Local Banks
Local banks can benefit from the SWIFTNet's Trade Services Utility and avoid outsourcing to rivals.



FEATURE
Mobile Banking Takes Off ... Or Does It?
Bankers report adoption exceeds industry expectations, but not everyone is convinced.

Sidebar
Mobile Banking a Money Maker for U.K. Banks
U.K. banks begin charging for m-banking text alerts.

EXECUTIVE Q&A
Comerica EVP and CIO John Beran Balances IT and Operations
A philosophy of empowering employees with responsibility in an effort to build competencies has helped to make Comerica one of the "Best Places to Work in IT."

INDUSTRY WATCH
Remittances Offer Promise of New Revenue and New Markets to Banks
Banks finally are developing standards and collaborating to capitalize on the $15 billion revenue opportunity presented by the growing workers' remittances market.

Sidebar
ICICI Captures Top Share of Remittance Market by Catering to Migrant Workers' Requirements
The Mumbai-based bank's offerings include the new text-enabled smsNcash, which allows recipients without bank accounts to withdraw funds sent to them.

Improved iPhone 3G Still Must Prove Itself to Bankers
Some experts says 3G iPhone security is still not up to par for financial institutions.

Banks' Web Sites Expose Users to Identity Theft
Five security design flaws exist on most banks' Web sites, according to University of Michigan researchers.

BPO Continues to Evolve
With financial services-specific expertise increasing among business process outsourcing providers, knowledge process outsourcing looks to be the next generation of outsourcing services.

FROM THE EDITOR
Has the Document Management Revolution Really Eliminated Manual Processes?
Technology has transformed the tools office workers use to do their jobs. But how much has really changed since the '60s?

PAYMENTS WATCH
SWIFT's Exceptions and Investigations Automation Push Lacks Widespread Adoption
SWIFT's exceptions and investigations STP initiative promises improved service and efficiency, but adoption is lacking.

CHANNEL WATCH
Midtier Banks Must Transform Operations to Succeed in Troubled Economy
Transforming the branch into a sales center can help banks survive the economic downturn.

RISK/COMPLIANCE WATCH
Citi Managed Identity Services Promotes Use of Digital Identities
Citi launches suite of services for business clients that rely on digital credentials and more electronic processes.

BEST PRACTICES
UMB Modernizes Data Transfer
UMB Financial Corp. modernizes data transfer, streamlines processes and improves governance with Proginet solution.

Speed Is Everything to a De Novo
FIS technology package puts de novo Independent Bank of Austin on the fast track to success.

NEW PRODUCTS
Accuity Releases Suspicious Activity Reporting Control System
Suspicious Activity Control System will help manage the filing of SARs.

SigniaDocs Rolls Out Lender Disclosure Solution
The eNsure product is designed to protect lenders by warranting GFE, TIL Statement and APR calculations.

Microsoft and BearingPoint Team to Offer Compliance Solution
The BearingPoint Enterprise GRC solution helps organizations identify risk, assess and remediate control deficiencies, and strengthen compliance.

ROLLOUTS
Central Bancompany Taps Chesapeake's T-Recs Enterprise and Internet Data Manager
The solution enables banks to reconcile cash and noncash accounts and includes a workflow management engine to support compliance processes.


EXECUTIVE WATCH
Bruce Livesay Takes Helm of Revamped First Horizon IT Team
Former Regions Bank SVP Bruce Livesay replaces the retired Patrick Ruckh as CIO, following the hiring of two new deputy CIOs.

Sun National SVP Valletta Adds CIO to His Role
Angelo J. Valletta's new CIO title comes with added oversight of the bank's ATM and wholesale technologies.