The 2009 SIFMA-IBM Technology Survey Results
Download these survey results and find out what SIFMA members revealed about new technologies and computing models and how they are managing major industry challenges.
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CAMS II Debit Card System
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Overview: A majority of banks currently outsource their debit card processing to third parties and are missing out on potential fee revenue. CSC’s CAMS II™ Card & Merchant System gives banks the ability to process debit cards in-house, thereby eliminating costs associated with outsourced debit processing. In-house processing provides banks with a greater level of control and flexibility that cannot be achieved from third-party processors. By in-sourcing debit card processing, banks also are wellpositioned to in-source credit card processing because the cost gap between in-house processing versus outsourcing has significantly narrowed.
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