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Pricing/Profit Optimization by Bank Systems & Technology
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Fraudsters have developed a variety of methods for initiating fraudulent wire transfers, but a security approach based on data and analytics from customer behavior can be an effective countermeasure to these wire fraud schemes.Be the first to comment
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If you have C-suite aspirations, consider these four pieces of advice from the school of hard knocks.
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While many banks are rethinking their long-term strategy for expensive branch networks, there are steps banks can take now to reduce costs and inefficiencies in the branch while providing a better customer experience.
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Business leaders are striving to turn their Big Data into Big Returns.
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As cybercrime becomes more prevalent, due to the widespread access to technology that criminals now have, banks must remain eternally vigilant, says Booz Allen Hamilton's Bill Stewart.
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Vendor management is becoming more important from a compliance standpoint as regulators scrutinize banks’ third-party relationships, and achieving that compliance begins with crafting a clearly defined contract.
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Threat intelligence services are becoming an essential weapon in the enterprise security arsenal. Do you know how to choose one?
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Banks have lost a great deal of public trust since the financial crisis, but they can recover some of that trust by fulfilling consumers’ desire for innovative and convenient mobile solutions.
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While many financial institutions are relying more on business analytics and intelligence for decision making, they need to first ensure the accuracy of the information feeding these statistics and ensure that each customer has a single record within a central database.
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Think small, don't partner with business units and don't treat innovation like an election.
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The loss of sensitive and confidential information, be it by theft, accident or natural disaster, can be devastating.
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In the final article in a three-part series on FATCA compliance, we explain why banks need to look for solutions that help them collect and analyze customer identification information to help with compliance in multiple areas beyond FATCA.
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The 5 job factors that matter most to IT executives have nothing to do with compensation. Are you ready to deliver?
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Long considered a fortress of protection, the challenge questions used by many financial institutions today are weak and ineffective.
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Bank management teams should focus on correcting vulnerabilities within their own operations.
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Here's why your best people might be looking for another job -- and expert advice on how to keep them.
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Regulation offers valuable business opportunities for financial services firms in 2013 and well into next year.
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Giving customers a truly convenient onboarding process means moving towards automated processes, electronic documents and enabling the customer to sign up with their mobile device.
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LivingSocial.com is another in a long line of "big scores" for data attackers
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You don't have to choose between being a tech leader and a woman, some powerful role models declare. Is there any more powerful message to young women considering IT careers?
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In the first of a series of articles on core transformation, we explain why it isn’t just the technology that a bank needs to modernize. It’s the approach to technology and innovation as well.
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In the second of a series of articles on FATCA compliance we explain why banks need to look for a centralized technology solution that circumvents data silos to get a full view of their customers who can be affected by FATCA.
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CIOs should impart to their staff what the IT department does and why it matters. Cynthia Montgomery's book on strategy is a good template.
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In the past, your teams needed to be able to demonstrate a detailed grasp of policy, rigor in analyzing reports, and dedication to data quality -- but to tackle today’s challenges, a different form of expertise is required.
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The greater flexibility provided by API technology means banks can quickly provide the kind of product customization and experience customers expect. This depends on open infrastructures and data feeds.
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