NEW PRODUCTS Agiliance Launches RiskVision, IT Risk, Compliance Management Platform RiskVision automatically aggregates and correlates data and compliance controls across systems, people and processes. Business Objects Rolls Out Latest Version of BI OnDemand Software Solution is a complete suite of BI capabilities, including data warehouse, delivered on-demand. Weiland Financial Releases Commercial Account Analysis 3.06 Firm also has enhanced the View 360 Reports component. |
FROM THE EDITOR Will a Smarter Banking Industry Emerge from the Crisis? 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. PERSPECTIVES Industry analysts look back at 2008 and predict what 2009 may bring. Increased Investment in Deposit-Gathering Initiatives in 2009, Predicts Celent Bart Narter, SVP, Banking Group, Celent Banks Must Take Advantage of Opportunities Where They Find Them Christine Barry, Research Director, Aite Group Institutions With Capital May Find Vendors in the Mood to Deal Jeanne Capachin, Research VP, Global Banking, Financial Insights Firms Should Not Let Short-Term Demands Cripple Long-Term IT Strategy Virginia Garcia, Sr. Research Director, Cross-Industry, TowerGroup INDUSTRY WATCH Citi Bailed Out a Second Time Under TARP. Citi gets $45 billion cash from governement plus $306B to cover bad assets. As Defaults Mount, Many Question FICO Scores' Value Fair Isaac & Co. says many problems in current economic climate are outside the scope of FICO scorecards, but that underlying value as risk assessment tool remains. Enter FICO 08: The Next-Gen Credit Score Fair Isaac's latest credit scorecard -- its first since 2002 -- is not a reaction to the subprime crisis, the vendor says. Ideas Are Stock in Trade for Wells' Execs Wells Fargo's Innovation Stock Exchange encourages technologists to think creatively, and rewards ideas that others view as valuable. Crisis Prompts Rise in Outsourcing Payments spread out in the future appeal more than capital outlay up front. Bank Failures Relished by Those Paying the Collective Price in High Deposits Deposit rates are unsustainably high, as consumers credit so coveted, TD Bank exec says. Community Banks Have the Upper Hand: BAI's RD Attendees The crisis has small banks seeming the safe havens for now. News from BAI Retail Delivery: Bank Stocks to Rebound Second Curve CEO Tom Brown throws naysayers a curve ball. ING's Kuhlmann Says Banks Should Take Tougher Approach to Customers In a speech to bankers, Arkadi Kuhlmann noted that the customer is not always right. Crisis a Marketing Opportunity for ING Direct The bank that went from zero to $80 billion in a decade reiterates the virtues of saving. BEST PRACTICES Barclays Fights Phishing With Smart Bankcards and Readers One of the world's top banks decided static login details would not cut it for online banking access. EXECUTIVE WATCH Cole Taylor Bank Names Conte COO LaSalle Bank alum Randall Conte is named EVP and COO of Illinois bank. Fisher to Head IT at Lloyds Mark Fisher was selected to help Lloyds with its integration of the acquired HBOS. ROLLOUTS Dubai Islamic Bank Implements CheckFree Transaction Management and Reconciliation Solution Solution is implemented within 90 days of contract execution. Capital City Bank Installs Jack Henry Banking’s Significant Account Monitoring Module Module is part of the Risk Manager solution, which now consists of two distinct modules. Zions Bancorporation Implements Orbograph’s Automation 08 Recognition Service Automation 08 model will enable banks to approach STP levels of efficiency. Volksbank Rolls Out S1 Enterprise Sales & Service Volksbank will deploy the customer service solution in branches throughout Eastern Europe to enhance customer service. |
