Lending Club Thrives As Consumers Pay Off Credit Card Debt with P2P Loans March 07, 2011Peer-to-peer lending site has negotiated $233 million in personal loans at 20-30% lower interest rates than banks. Debate Swirls Around Banks' Social Media Efforts November 12, 2010Are banks' social media network initiatives succeeding or a waste of time? Observers disagree. Lending Club Offers 7 Reasons Banks Fail At Social Media November 10, 2010In a blog, the social lending site offers criticism to banks that want to improve their social media efforts. BofA Hires Data Security Czar May 20, 2010Gregory Garcia, former assistant secretary for the Office of Cybersecurity and Communications in the U.S. Department of Homeland Security, to lead bank efforts to keep data secure. Firms Should Not Let Short Term Demands Cripple Long Term IT Strategy January 08, 2009The landscape in 2009 may look frightening to those in financial services IT, but recovery is in sight and finding an appropriate balance between short and long term goals will be key. Spitzer Exposed by Bank’s Anti-Money Laundering Technology March 27, 2008Eliot Spitzer's downfall was precipitated as a result of textbook AML procedures at his bank. Risk and Reward: Enterprise Risk Management Technology October 01, 2006Enterprise risk management is as much about a bank's culture as it is about specific technology deployments. Fighting the New Face of Fraud August 02, 2005 To stop the new breed of scams, banks need to take a holistic approach. Missed Opportunity June 01, 2005Despite increasing compliance demands, many banks still overlook enterprisewide solutions. Cancellation of JPMC-IBM Deal Not the Start of Trend October 28, 2004Industry not likely to curb similar outsourcing arrangements, analyst says. JPMorgan Chase Cancels Outsourcing Deal With IBM September 20, 2004'The writing was on the wall,' observers say. Big Deals August 30, 2004Wells Fargo Picks Carreker; Newburyport Taps M&I; Misys, Stefanini Partner; PwC Teams With PlanView; Cardtronics Selects NCR; BNP Paribas Taps AT&T; ABN-Amro Singapore Selects VASCO; Benchmark/AssureTec Deal; Abacus Selects COCC; Rabobank Picks PINPOINT Banks Beginning to See the Light Of Distant Shores August 30, 2004Slowly but surely, financial institutions are spending more on IT outside of the United States. Outsourcing Obstacles June 02, 2004Banks can save money with offshore outsourcing, but they need a plan to navigate the choppy waters.