Renaissance of Fraud Spurs New Approaches to Anti-Money Laundering October 12, 2012Adopting a comprehensive approach to financial crime prevention, with greater reliance on analytics tools and collaboration among banks, regulators and law enforcement entities, was the theme of ACAMS' recent AML & Financial Crime conference. Bank Branches Being Phased Out: Report September 21, 2012According to a new report from ratings agency Fitch, both fewer numbers of branches and different types of branches will inhabit the banking landscape going forward.
10 Best Practices for Jumpstarting FATCA Compliance August 28, 2012Achieving FATCA compliance will require new roles and processes, extended information gathering, and new or updated information management systems, including reporting systems. Report Points to Security Holes in Customer-Facing Bank Apps March 07, 2012The CRASH Report, a study of the structural quality of applications, reveals that banks have some work to do when it comes to making their customer-facing applications structurally sound and secure -- especially as they innovate in the mobile channel. Compliance Doesn't Have to Be Painful for Banks December 21, 2011Facing an ever-intensifying regulatory environment, banks are expected to spend more on risk management than ever before. But there is a silver lining: Many of the new standards with which banks must comply can help make their operations more efficient. Job Cuts or Hires -- What's Your IT Department's 2012 Workforce Outlook? December 19, 2011A recent survey of CIOs indicates that IT hiring across the U.S. will generally increase in 2012. But after a year of hardships, I question whether bank IT departments will be among those hiring. SAP Launches App for Monitoring Mortgage Portfolios February 23, 2011New mortgage analyzer is meant to help banks track the health of their mortgage portfolio and adjust to Dodd-Frank reporting rules. Regions Bank Unveils Customer Identity Protection Suite January 27, 2011 Banks' Technology Response to Regulatory Changes January 19, 2011Meeting the Dodd-Frank Act's ongoing and evolving regulatory demands will require banks to make significant investment in data and analytics. Consumer Reports Cautions Against Verizon iPhone 4 January 17, 2011The smartphone has too many shortcomings and users are better off waiting until Apple releases the next generation model later this year, according to the venerable consumer magazine. Barclays Uses SAS for Capital Calculation and Reporting June 21, 2010London-based financial services provider Barclays announced it is using SAS software and services to improve standards in how economic and regulatory capital is calculated and reported. Experian Introduces Products That Help Lenders Determine Consumers' "Ability to Pay" November 12, 2009Experian introduces products that help lenders determine consumers' "ability to pay"; solutions are intended enable lenders to assess a consumer's income in alignment with new lending requirements. CredStar Offers ENCORE Consumer Reporting November 12, 2009 At Least One Part of the Economy is Growing: Cybercrime September 30, 2009 SIBOS NEWS; Bottomline’s C-Series Solution Provides Enhanced Functionality September 16, 2009 SIBOS NEWS: Bottomline Introduces Dynamic Reporting for WebSeries Global Cash Management Platform September 14, 2009Cash management decision-making is now optimized through new payment reporting and web 2.0 capabilities. X9 to Introduce Corporate Cash Reporting Standard August 19, 2009 Axiom Software Expands Templates Subscription Services May 14, 2009Extended coverage enables financial institutions to more quickly adapt to regulatory changes. Equifax Takes Income Verification for Borrowers Further March 17, 2009In a time of defaults, lenders welcome confirmation of debtors' income from the IRS, credit reporting bureau Equifax says. The PrivateBank Rolls Out SunGard Asset Management System March 11, 2009