News & Commentary
Content posted in July 2004
KeyCorp Keeps It Clean
News  |  7/29/2004
Bank detects and prevents technology problems as an ongoing strategy to maintain quality service.
Diva Downside
Commentary  |  7/29/2004
Within minutes of the recent sentencing of Martha Stewart to five months in prison and two years of probation, the stock of the media business she founded, Martha Stewart Living Omnimedia, soared by more than a third.
DNC Convention Provides Banks With DR Run-through
News  |  7/27/2004
Disaster-recovery plans get a workout at Boston-area banks
Wireless Laptops at Democratic Convention May Pose Big Risk
News  |  7/27/2004
Tests by Newbury Networks, a wireless security provider, found hundreds of unsecured access points near the FleetCenter.
IRDs -- Can Industry Limit Volume During Transition to Electronic Presentment?
News  |  7/27/2004
The IRD is at once an effective tool for improving the check presentment process and a barrier to achieving full electronic check presentment.
Entity Resolution Assists Anti-Money Laundering Efforts
News  |  7/20/2004
New tools allow banks to check all of the data about a customer and cross-reference that information throughout the industry.
Outsourced Functions Move In-House
News  |  7/20/2004
Insourcing credit card processing can get banks closer to customers.
Phishing Attacks Linked To Organized Crime
News  |  7/20/2004
Federal and state law enforcement have linked organized crime to phishing attacks that are increasing in both volume and sophistication.
http://www.informationweek.com/maindocs/archive.htm
News  |  7/13/2004
Citibank turns identity theft into a branding opportunity, a customer acquisition drive and a way to reduce operational costs in the back office.
This Spoof Ain’t Funny
News  |  7/13/2004
A new variant of phishing may cause serious, and perhaps crippling, damage to already substantial concerns about the trustworthiness of online transactions.
Too Much Information Is Not Enough
News  |  7/13/2004
Little by little, banks are offering more detailed and up-to-date account information through online banking.
Italian Bank Taps Accenture and E.piphany for Marketing Muscle
News  |  7/6/2004
Cassa di Risparmio di Firenze Bank Increases Sales Figures Using Targeted Marketing.
Check 21: Where’s the Spending?
News  |  7/6/2004
Despite an enormous amount of attention and hype, the impending activation of the Check Truncation in the 21st Century Act (Check 21) on October 28, 2004, has so far not resulted in a rush of bank spending.
Is VoIP Ready for the Mass Market?
News  |  7/6/2004
Bank of America to move to Voice-over-IP for over 160,000 telephones across the entire organization.
One Question For: Mary Wilcox, First National Bank Omaha
News  |  7/5/2004
What services does your institution offer to attract customers to its online banking channel?
Money Today
News  |  7/5/2004
MasterCard Asia-Pacific has a new card featuring the likeness of New York Met Kazuo Matsui.
PayPal Wants to Pal Around With Larger Merchants, Banks
News  |  7/5/2004
Web Services interface will help developers include PayPal as a payment option on e-commerce sites.
Virus Vigilance
News  |  7/5/2004
A virus can grind a bank's operations to a halt and expose billions of dollars.
Recent Rollouts
News  |  7/5/2004
Bank of Ireland Adds CRM Solution
News  |  7/5/2004
PMG suite helps bank to understand its customers better.
News & Rollouts
News  |  7/5/2004
Xacta Makes IA Manager Available; Fiserv Unveils PAYCHECK PLUS; Loan Protector Improves X12
AAFCU Gets a Little Help From Help Desk Technology
News  |  7/5/2004
Vendor enables American Airlines Federal Credit Union to manage help desk requests.
Commerce Optimizes Reporting
News  |  7/5/2004
Geac solution provides financial institution with highly accessible data, minimizes paper.
KeyCorp Enhances Statements With Exstream
News  |  7/5/2004
Bank uses vendor's software to provide more robust customer statements.
American Express Seeks U.S. Issuers and Global Distributors
News  |  7/5/2004
Amex prepares for expected growth from new partners.
Pumping Up the Purchasing Power
News  |  7/5/2004
More information and integration are needed to grow corporate purchasing card usage.
Business Debit Card Marketing Heats Up
News  |  7/5/2004
North Dallas Bank is among the institutions aiming to take advantage of the payment option.
Plug-and-Play
News  |  7/5/2004
Web services and service-oriented architectures lead to shorter development cycles for bank IT departments.
The Buzz on Basel II
News  |  7/5/2004
Banks leverage enterprise management technologies to get head start on compliance.
Dynamic Duo
News  |  7/5/2004
The CIO and CCO relationship is crucial in executing excellence in compliance.
SEC to Banks: Selling Securities? Get a License
News  |  7/5/2004
Industry convergence slowed by multiple regulators and accounting system limitations.
CHIPS Extends Hours
News  |  7/5/2004
In order to maximize liquidity for participating financial institutions, the Clearing House Interbank Payment System (CHIPS) extended its processing hours to overlap the business hours in Asia.
Exec News
News  |  7/5/2004
All Roads Lead to Bangalore
News  |  7/5/2004
Banking software outsourcer signs outsourcing deal.
NetBank to Offer Small Business Clients Electronic Deposit Capabilities
News  |  7/5/2004
Alogent payment processing solution allows bank to move closer to paperless environment.
Big Deals
News  |  7/5/2004
The Price-Tag Mystery
News  |  7/5/2004
Even in a global economy, banking remains local.
State Street’s Spina Rethinks Retirement Investing
News  |  7/5/2004
Retirement incomes hinge on industry's ability to innovate, says firm's chairman and CEO.
Citibank Offers Instant Gratification Online
News  |  7/5/2004
Active Internet users are lured with cash and prizes, and reeled in with a fast account-opening process.


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