First Data Names JPMorgan Co-COO As Its New CEOApril 29, 2013Frank Bisignano, who also led JPMorgan's mortgage banking business in the wake of the mortgage crisis, will lead payments management company First Data at a time of great change in the payments industry.
Q&A: Core Systems Transformation Best Practices In A Changing LandscapeMarch 27, 2013Marcia Wakeman, partner, and Chia-Hsin Chung, managing principal, of financial services IT consultancy Capco discuss trends they are seeing in core systems replacement efforts and the best practices to consider when undertaking a core transformation effort
8 Model Banks of NoteMarch 01, 2013Analyst and research firm Celent recently hosted its annual model bank awards. Here we highlight some of the notable winners.
FINRA Tabs Citi's Randich as New CIOFebruary 28, 2013Steven Randich, currently co-CIO at Citi, will begin his new role at the regulatory body on March 11.
Citigroup Bows to Shareholder Pressure, Overhauls PayFebruary 21, 2013Citigroup Inc said on
Thursday it has overhauled an executive pay plan that
shareholders rejected last year as overly generous, revising it
to tie bonus payments more closely to stock performance and
profitability.
Is Mobile Banking Ready For Business?February 11, 2013Lingering obstacles related to security and functionality are all that stand in the way of widespread adoption of corporate mobile banking.
Fiserv Acquires Competitor Open SolutionsJanuary 15, 2013Fiserv acquired Open Solutions in a deal announced this morning, adding Open Solutions' technologies - such as parts DNA core processing platform - to Fiserv's offerings.
Monitise Adds Mint to Its Mobile Money Platform for BanksDecember 11, 2012A new deal with Intuit Financial Services means that Monitise will offer banks the chance to incorporate Mint, a popular personal financial management service, into mobile banking apps.
Citi to Cut 11,000 EmployeesDecember 05, 2012The layoffs are part of a company-wide restructuring plan; technology and operations units will be affected.
Citi, Chase Among Banks That Must Hold Most Extra Capital, Regulators SayNovember 01, 2012Citigroup Inc, Deutsche Bank
, HSBC and JPMorgan Chase & Co will
need to hold the most extra capital of 28 banks considered so
large and complex they need an extra buffer to absorb potential
losses, global regulators said on Thursday.
Banks Recovering From Sandy AftermathOctober 31, 2012Major U.S. banks said on Wednesday they
had reopened more than half of the branches that were closed as
Hurricane Sandy battered the U.S. East Coast earlier this week.
