News Archive from October 17, 2013
Most Consumers Want P2P Payments from Their Bank, Survey Finds October 17, 2013A new survey from Fiserv showed growing use cases and interest among consumers for P2P payments provided by banks. IPad Account Origination App Helps Fairwinds Credit Union Engage New Customers October 17, 2013Growing out of a partnership with University of Central Florida, the credit union has opened more than 1,500 student accounts with the new app. Gartner: Majority of Banks Will Turn to Cloud for Processing Transactions By 2016 October 16, 2013Gartner released its IT predictions for vertical industries yesterday, which included forecasts on the growth of cloud in banking and changes in consumer behavior. Low Value Transactions: A Mobile Payments Dilemma October 15, 2013Lowering processing costs cloud open up an opportunity for mobile payments to gain traction in low value payments. Number of Failed Banks Half that of 2012 October 15, 2013So far this year, 22 banks have been shuttered, compared to 43 this time last year, according to new research.
Where Are They Now? BS&T's 2012 Elite 8, One Year Later October 14, 2013Core systems modernization, customer experience-related initiatives and supporting regulatory compliance are among the top priorities keeping BS&T's 2012 Elite 8 honorees busy since they were recognized a year ago. Here are updates on the challenges and projects that some of the executives have been tackling in the past year. ClearXchange Adds New Bank Member October 11, 2013Colorado-based FirstBank is the first non-founding member to join the p2p payments network.
USAA's Greg Schwartz Keeps IT's Focus On The Customer Experience October 10, 2013At USAA, CIO Greg Schwartz leads an IT organization whose mission is to innovate on behalf of its active and retired military member customers. HSBC Australia Appoints New Head of Payments and Cash Management October 10, 2013Simon Babbage will focus on delivering global cash and liquidity management services in Australia. U.K. Treasury Creates Payments Regulator October 10, 2013The goal of the new office is to increase competition in the payments industry in the U.K.
Consumers Looking for Convenience In Mobile Security Measures October 09, 2013Consumers are not taking basic steps for securing their mobile devices, but show an interest in more convenient security methods like biometrics, a new PayPal study found. Mercantile Bank of Michigan Leverages Unique Partners in Online and Mobile October 09, 2013John Schulte, Mercantile Bank's CIO, is never shy about partnering with new companies that have little or no experience working with banks. JPMorgan Chase Names Former BP Exec Its New CIO October 08, 2013Dana Deasy, who oversaw a massive IT overhaul at the troubled energy company, brings crisis management experience to the bank, where he will have global responsibility for technology systems and infrastructure at the bank. Bank of America: Building A Sleeker, More Efficient Bank October 08, 2013Bank of America's Bridget O'Connor oversaw a huge legacy system conversion while also fashioning the bank's branches for the future. Mitek, Experian Partner on Mobile Account Opening Solution October 07, 2013The solution will combine Mitek's mobile photo bill pay with Experian's fraud prevention platform.
How Lack of Expertise Is Hampering Cloud Adoption October 07, 2013Most organizations aren’t ready to be dependent on the cloud because they don’t have the necessary knowledge and talent. BNY Mellon's Kumar Uses Metrics To Make Better Business Decisions October 07, 2013Suresh Kumar uses metrics extensively as he helps Bank of New York Mellon prepare for the future and create a culture of excellence. Employee Training: The Key to Security in Enterprise Mobility October 04, 2013New devices and operating systems are making it difficult to implement Bring Your Own Device policies, but employee training is a good place to start. Bank of America Launches Next Gen Banking Centers October 04, 2013The bank announced the opening of five "express banking centers," which specialize in self-service technology.
Top Challenges Facing Bank CIOs Over the Next Year October 04, 2013Bank Systems & Technology asked several industry experts for their take on what will be the next big issue bank technologists will tackle in 2014. TD Bank Launches Assistance Program for Furloughed Federal Employees October 04, 2013Government employees affected by the shutdown will be eligible for $1,000 in emergency funds.
Treasury Services 2.0: RBS Citizens Goes All in on Mobile October 04, 2013Jim Gifas brings innovation to corporate clients at RBS Citizens. The Complicated Relationship Between Innovation and Security October 03, 2013Banks and payment processors are dealing with an increasingly complex environment in the payments industry that is opening new opportunities for fraudsters. TD Bank Answers Customer Needs Through Data And Analytics October 03, 2013Matt Chevalier, TD Bank's senior VP of retail strategy and marketing, led a major data-driven effort to change the way the bank measures its performance. Innovation At Interop: Tackling Outdated Cultures October 03, 2013Creating a culture that promotes innovation is the key to success, according to a panel of experts who spoke at the CIO Forum at Interop New York. See more news