Adding Salt to Wounds: Consumers Shun Banks for Alternatives September 14, 2012FDIC data shows that the number of households managing their finances without a bank is growing. It sounds like bad news for banks – but maybe it’s actually an opportunity. Three Banks Shuttered by Federal Regulators Last week, FDIC says June 18, 2012Closures bring the total number of US banks shut down by regulators this year to 31.
ACI Deal for S1 Clears Legal Hurdles, Will Benefit Banks February 07, 2012Now that ACI's acquisition of S1 has cleared legal hurdles, the new company can focus on the product synergies that drove the deal. And other bank tech vendors are likely to pursue similar consolidation. Capital One/ING Direct Deal Highlights Competitive Challenges Facing "Legacy" Institutions June 17, 2011Capital One/ING direct deal highlights competitive challenges facing lLegacy" institutions; Capital One says the $9 billion deal will extend its reach to young, high-income consumers; Allstate has the same idea in its planned acquisition of Esurance and An Is it Black Monday for Bank of America or Blue Monday for its Angry Ex-Employee? March 14, 2011A Bank of America whistleblower might or might not have devastating info, but one thing's for sure: he's no happy camper. J.P. Morgan to Join Microinsurance Fund LeapFrog April 29, 2010On May 6, 2010 at the IFC headquarters, the world's first microinsurance fund, LeapFrog Investments, will announce that the fund has raised a record amount for investments in Africa and Asia. LeapFrog will also announce new investor J.P. Morgan among other Accenture and SAS to Jointly Develop, Implement and Manage Predictive Analytics Solutions February 17, 2010Accenture and SAS to jointly develop, implement and manage predictive analytics solutions; Accenture SAS Analytics Group will target financial services, healthcare and government. SAP Appoints Don Trotta New Head of Global Financial Services October 21, 2009SAP appoints Don Trotta new head of Global Financial Services; responsibilities include product strategy, development and market positioning in banking and insurance. USAA Offers iPhone App for Banking, Insurance and Securities May 14, 2009 The Ultimate CIO February 23, 2009 JPMorgan Introduces Prepaid Card for Workers Comp Payments August 15, 2008 Banks Eye Opportunities in Healthcare Beyond HSAs May 15, 2008Banks are creating end-to-end solutions to drive paper out of the healthcare payments chain. Fifth Third, RMS To Bring Document Electronification To Healthcare Clients May 24, 2007Fifth Third Bank inks deal with Revenue Management Solutions to bring more automation to healthcare clients.
Executive News May 07, 2007Bixby Joins Capitol Davis Named WVB CIO ING Infrastructure Head Ghiglieri to Chair ICBA Husk to Head FRS What Are the IT and Distribution Implications of Citigroup’s Rebranding Initiative? February 22, 2007 JPMorgan Chase Acquires Assets of Healthcare Remittance Provider February 22, 2007JPMorgan Chase eyes healthcare value chain with FisaCure acquisition. JPMorgan Chase Acquires Assets of Healthcare Remittance Provider January 23, 2007Purchase of FisaCure will enable the bank to offer broader array of services to the healthcare industry and encourage adoption of electronic payments. Health Savings Account Market Is Expanding October 31, 2006Banks win big with new bill that raises HSA contribution limits. CIO 2006: MetLife Bank's Mark La Penta Makes His Mark As the New Kid on the Block August 24, 2006Insurance giant MetLife's new bank quickly meets success with Mark La Penta at its IT helm Agencies Issue Proposed Rule on Identity Theft ’Red Flags’ August 01, 2006FIs may come under greater pressure to detect ID theft before it hits.