API: Entry Point to the New 'Open' World of BankingApril 21, 2013The greater flexibility provided by API technology means banks can quickly provide the kind of product customization and experience customers expect. This depends on open infrastructures and data feeds.
IT Services Market Endures Dismal 2012March 18, 2013A report from research firm Ovum find that IT contract volume was down 18 percent in the financial services industry in 2012.
M&T Brings On Donald Truslow As New Chief Risk OfficerFebruary 01, 2013Truslow, who previously worked at The Financial Services Roundtable and Wachovia Corporation, will also serve as executive vice president and a member of the bank's management committee.
Rewriting the KYC PlaybookJanuary 18, 2013Banks must address the "V3challenge" -- questions around variety, velocity and vagueness -- in order to achieve better bank counterparty due diligence, as part of Know Your Customer compliance.
Using Data and Analytics to Fight FraudDecember 19, 2012As financial institutions enhance the data they are willing to apply toward helping alleviate fraudulent activity, it could have a game-changing impact in the fight against fraud.
The Core Systems DilemmaDecember 10, 2012Banks looking to upgrade or replace legacy core systems have a choice: Do it all at once or gradually. Many factors go into deciding which is better for a specific bank.
PNC Names New Head of Operations and TechnologyNovember 07, 2012PNC names new head of operations and technology; seasoned financial services IT executive Steven Van Wyk leaves ING to replace Vice Chairman Thomas Whitford, who is retiring.
Risks and Rewards of Disaster Recovery in the CloudNovember 02, 2012Compliance considerations and clear benefits in terms of recovery speed and cost are driving community banks to move their disaster recovery centers to the cloud. But some larger banks are hesitating to follow that path.
Sheila Bair's 4 Types of Dysfunctional RegulatorsOctober 26, 2012Sheila Bair, former FDIC chair and current industry critic, thinks that regulators are partly to blame not only for the financial crisis and the banking industry's continuing lousy reputation, but she also has plenty of criticism for bankers and politician
The Cybersecurity Imperative: How Banks Can Combat CybercrimeSeptember 04, 2012As the financial world gets increasingly high-tech, protecting data has never been more important. According to BITS president Paul Smocer, innovations such as smartphones and cloud computing offer banks great opportunities for efficiency and customer enga
