At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
The Pressure on Management Is Intensifying as Conditions Continue to Worsen in BankingJuly 28, 2008The recent revelations of the weak financial conditions at Fannie Mae and Freddie Mac, and the run on IndyMac Bank, show that the worst is far from over as the banking industry grapples with the subprime mortgage mess and related global credit crisis.
Business IntelligenceJanuary 02, 2006Banks increasingly are turning to business intelligence (BI) tools to transform data into actionable information. By helping banks better understand customers' needs, BI initiatives can create competitive advantage and lead to increased customer wallet sha
Q2 2005 Mortgage Scorecard: Advancing Customer Convenience June 21, 2005The recent release of the Q2 2005 Mortgage Scorecard shows Countrywide moving to the top spot for Overall score while Bank of America and Wells Fargo tie for second.
Sourcing Strategies March 07, 2005Banks face myriad sourcing options, from build versus buy to in-sourcing and outsourcing. To select the right strategy, banks must determine which processes or services offer the most opportunity for competitive advantage or cost savings.
IndyMac Bank Sticks With the Click June 03, 2002IndyMac Bank was anxious to avoid being tagged as just another wholesaler using outdated rate sheets when it began working with mortgage brokers.