Big Data At J.P. Morgan: Delivering The FirmMarch 25, 2013Vipul Shah has global responsibility for strategy and business development for J.P. Morgan's Treasury Services operations. He looks for new growth opportunities, as well as ways the bank can deliver value to corporate clients from transformational technology trends such as big data. Shah spoke with BS&T editorial director Katherine Burger about big data applications in the treasury services business and steps the bank is taking to deliver those services.
The End of Indian IT Staffing as We Know ItMarch 24, 2013India's IT
outsourcers are promoting "mini CEOs" capable of running
businesses on their own, while trimming down on the hordes of
entry-level computer coders they normally hire as they try to
squeeze more profits out of their staff.
Adaptation is Key for Banks to SucceedMarch 20, 2013A report from Equifax says that banks need to change how they define themselves internally and externally and adapt their mindset, operations, products and services to better meet customers’ evolving wants and needs.
How Banks Can Compete In the Mobile Shopping MarketMarch 19, 2013By combining targeted coupon offers based on transactional data with a layered shopping experience that includes social media and gaming, banks can win big with mobile shopping apps, and position themselves for mobile wallet adoption.
FIS Looks Forward On MobileMarch 19, 2013The financial technology provider's recent acquisition of mobile banking and payment solutions provider mFoundry is part of a larger, long-term mobile strategy.
Cyprus Tries to Rework Divisive Bank TaxMarch 18, 2013Cypriot ministers rushed on
Monday to revise a plan to seize money from bank deposits as
part of an EU bailout, in an effort to ensure lawmakers
supported it in a vote later in the day.
JPMorgan Ignored Risks, Fought Regulators: Senate ReportMarch 14, 2013JPMorgan Chase & Co
ignored risks, misled investors, fought with regulators and
tried to work around rules as it dealt with mushrooming losses
in a derivatives portfolio, a Senate report alleged in a damning
review of the largest U.S. bank's managemen
UBS Chief Executive Paid $9 Million After RevampMarch 14, 2013UBS drew fire
on Thursday as it announced it paid CEO Sergio Ermotti almost $9
million in 2012 and welcomed a new investment bank chief with a
$26 million package, just as the Swiss bank is in the process of
firing 10,000 staff.
As Cyber Threats Build Against U.S., CEOs Ask For 'Light Touch'March 13, 2013Corporate leaders from the
defense, technology, energy and banking industries told
President Barack Obama on Wednesday they agreed cyber attacks
were a top security threat but that they were looking for a
"light touch" from the government in response to th