UK Banks Plan Big Investment in IT: Report March 31, 2014A survey of UK financial services firms finds that IT spending is expected to grow rapidly over the next 12 months.
Retail EMV Adoption: Eyes Wide Open March 21, 2014 Banks Set Stage For Customer Acquisition With Data Analytics February 10, 2014Data-driven customer acquisition will continue to be elusive for banks that don’t invest in effective data management processes and structures. No One Solution in the Cybersecurity War February 05, 2014Banks, and third parties they work with, face a dizzying array of security attacks like never before.
Mobile Commerce: The Next Fraud Frontier February 04, 2014Mobile commerce continues to grow, but fraud prevention tactics in this channel need to grow at an equal pace as well.
Barclays Denies Reports That It Will Close 400 Branches January 29, 2014A day after it was reported that the bank would close hundreds of branches, Barclays stated no such plans exist. but left the door open for future closings. Target Breach: Why Smartcards Won’t Stop Hackers January 27, 2014"Chip and PIN" smartcard adoption in the United States is long overdue. But the security improvement wouldn't have stopped Target's BlackPOS malware attackers USAA Tops Among Banks in Forrester Customer Experience Survey January 22, 2014Overall, the banking industry ranked fifth out of 14 measured.
Neiman Marcus, Target Data Breaches: 8 Facts January 13, 2014A cyberattack campaign, likely coordinated, breached data from Target, Neiman Marcus, and at least three other retailers. How Market Pressures and Emerging Trends Are Changing The Delivery of Debit Products January 13, 2014A new report from Aite outlines the changes that EMV, the Durbin Amendment and other new factors will have on debit products and branch networks. Celent: Banks Looking to Replace RDC Solutions January 06, 2014A new Celent report breaks down an increasingly competitive remote deposit capture market and analyzes various vendors. Using Architected Software for Regulatory Compliance Success December 09, 2013Having the right foundation in place is key for banks handling the changing regulatory landscape.
Celent Report: Choosing a Basel III Compliance Solution December 02, 2013Celent rates and reviews a number of liquidity risk management vendors and their Basel III solutions. Rise in Mobile Led to Branch Staff Cuts: Barclays November 15, 2013The British bank said the increasing migration of customers to digital channels was a big reason in reducing staff levels in branches.
Barclays Announces Loss of Senior Compliance and IT Executives November 13, 2013Barclays’ head of compliance and chief operations and technology officer have both resigned. Bank IT Spend Projected to Reach $215 Billion in 2014 October 23, 2013Financial Services firms overall are estimated to spend $430 billion in 2014, according to IDC financial Insights.
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.
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. Capital One Builds A Foundation for Growth Through Key Systems Integrations October 01, 2013The senior VP and CIO of Capital One Bank's Financial Services Division has helped consolidate and simplify the bank's IT infrastructure through a number of acquisitions. Barclays Gets Into the Mobile Payments Game September 17, 2013Barclays has launched a mobile checkout feature that allows users to make purchases from a mobile web or checkout page, as well as a "buy" feature that allows consumers to purchase from as advertisement via QR code.