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.
Fundtech and BankServ Complete MergerNovember 30, 2011SasS banking provider BankServ's majority shareholder, GTCR, has purchased payments software company Fundtech for $23.33 per share to create a company focused on several aspects of transaction banking.
A Flexible Technology Architecture Is Key to Remaining CompetitiveSeptember 02, 2009Despite the downturn, banks are turning to SOA, virtualization and cloud computing to enable the flexible technology architecture required to sustain cost-effective operations and remain competitive in today's volatile market.
BIAN Provides Standards to Promote SOA AdoptionAugust 29, 2009The Banking Industry Architecture Network, a consortium of industry members, aims to ease concerns by offering best practices and highlighting many benefits of SOA.
Pursuing the Promise of SOAJune 24, 2008Though service-oriented architectures have the potential to improve IT integration and business agility, the lack of standards is hindering widespread adoption of the strategy in banking. But that's not stopping some institutions from pursuing the promise