News Archive from October 4, 2012

U.S. Lawmaker Cites New Cyber Threats to Financial NetworksOctober 04, 2012The head of the House of Representatives Intelligence Committee said on Thursday that significant new cyber threats to U.S. financial networks appeared to be emerging from an "unusual" source.
Monitise and Cognizant Partner to Offer Enhanced Solutions and Strategies in MobileOctober 04, 2012Cognizant and Monitise are jointing forces to help banks cut costs and improve offerings through Monitise's mobile money platform.
Barclays to Restructure Investment Bank ArmOctober 04, 2012Barclays announced a shake up at its investment banking business on Thursday aimed at streamlining the business in the face of a more challenging outlook for the industry.
BS&T 2013 Outlook Survey Highlights Spending Trends and Challenges Ahead for BanksOctober 02, 2012BS&T's 2013 Banking IT Outlook Survey showed that many banks are expecting modest increases in IT spending next year, with core systems and new products being the biggest priorities.
Customer-Centricity, Big Data Key Themes of BS&T's 2012 Executive SummitOctober 01, 2012Customer-centricity in a multi-channel environment and using data and analytics to know your customer better were among the major topics discussed during the first day of Bank Systems & Technology's seventh annual Executive Summit.
U.K.'s Labour Vows to Break Up Banks if ElectedSeptember 30, 2012Britain's Labour opposition leader launched an offensive against banks on Sunday ahead of his party's annual conference, promising a "real separation" of retail and investment banking and to raise the top rate of personal income tax.
Spain Debt Rises on Aid to BanksSeptember 30, 2012Spain's debt levels are set to rise next year, piling pressure on the government to apply for aid as it pours funds in to cash-strapped regions, an ailing banking system and rising refinancing costs, its budget showed on Saturday.
Mobile Shopping Purchases Reach $20 Billion in 2012, Report SaysSeptember 28, 2012New research by Javelin shows that tablets are a big driver in the increased use of mobile device for shopping by consumers.
Bank Of America Partners With Paydiant on Mobile PaymentsSeptember 27, 2012The second-largest U.S. bank is running a 90-day trial program at five merchant locations in Charlotte.
Regulations and Data Privacy Among Top Concerns With Cloud, Survey FindsSeptember 27, 2012The Cloud Market Maturity study found that governance issues such as compliance and data security are among the top concerns businesses have regarding cloud adoption.
Card, Online Fraud Increase in the U.K.September 27, 2012A new report from the U.K. Cards Association details financial services fraud trends.
NewDominion Bank Chooses Wausau Lockbox SolutionSeptember 26, 2012The solution is offered to financial institutions in a co-sourced, in-house or outsourced environment.
American Red Cross Using RDC to Process DonationsSeptember 26, 2012The American Red Cross announced today that it is introducing a mobile check deposit capture solution to help process donations from around the country.
SWIFT Expands Presence in Asia PacificSeptember 26, 2012The organization will create two new corporate hubs in Hong Kong and Kuala Lumpur.
Accenture Launches FinTech Innovation Lab LondonSeptember 25, 2012The lab is a partnership between Accenture and several banks and venture capital firms.
New Poll Ranks Chase, Citi As Top in Customer ExperienceSeptember 24, 2012New Harris Poll benchmark study measures customer satisfaction ratings for Chase, Wells Fargo, Bank of America and Citi.
Regions Bank Expands Mobile OfferingsSeptember 24, 2012Regions Bank rolled out a series of new mobile apps, and introduced a new cashback rewards program for account holders that they can access from their mobile device.
StellarOne Bank Envisions Branch of the FutureSeptember 21, 2012The Virginia-based bank is looking to modernize its branches and maximize its tablet offerings.
Bank Branches Being Phased Out: ReportSeptember 21, 2012According to a new report from ratings agency Fitch, both fewer numbers of branches and different types of branches will inhabit the banking landscape going forward.
Temenos Acquisition Adds New Front-End Software to Its Core OfferingsSeptember 21, 2012Temenos announced its acquisition yesterday of edge IPK, a UK-based provider of front-end solutions that provide a common user experience across channels.
U.S. Power Market Regulator Threatens to Suspend JPMorganSeptember 20, 2012U.S. federal energy regulators threatened on Thursday to suspend JPMorgan Chase & Co's right to sell electricity at market rates after accusing the bank of misleading authorities -- a measure that would effectively banish it from the power market.
Citi Now Offering Paperless ATM ReceiptsSeptember 20, 2012Customers can choose an option to have the receipt sent to an email address.
Mortgage Builder Releases New Loan Origination Platform for LendersSeptember 20, 2012Mortgage Builder's new Architect platform offers a more user-friendly experience and easy enhancements for bank's lending operations.
Pawlenty Named New CEO of Financial Services RoundtableSeptember 20, 2012The former Minnesota governor takes over for Steve Bartlett in leading the industry group.
Bank Group Warns of Heightened Risk of Cyber AttacksSeptember 19, 2012A financial services industry group warned U.S. banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks after Bank of America and JPMorgan Chase experienced unexplained outages on their public websites.

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