News & Commentary
Content posted in January 2005
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Citigroup Sells Travelers Unit To MetLife For $11.5 Billion
News  |  1/31/2005
Move may signal the end of the "financial supermarket" that provides banking, insurance, and investment services.
Vendor Views: Online Exclusive
News  |  1/31/2005
Round out your perspective on 2005 with these additional, Web-only vendor views to supplement BS&T's second-annual Business Technology Forecast.
Security Techs Go Begging for a Clear Safety Strategy
News  |  1/31/2005
Even the most determined industry watchers underestimated the growth of security technologies, but an overall strategy is even harder to detect.
ABN Amro Unveils Trade-Finance Portal
News  |  1/31/2005
New version of MaxTrad features supply-chain financing and purchase-order-management services.
One Question For: Kim Ravenda, Huntington Bancshares
Commentary  |  1/30/2005
How does Huntington Bancshares leverage technology to market to underserved customers?
What’s In Your Toilet?
Commentary  |  1/30/2005
I was very literal-minded as a young boy. Once, my mother handed me a roll of toilet paper and asked me to put it in the toilet in the upstairs bathroom.
Northern Trust Powers Trust Businesses
Commentary  |  1/30/2005
Financial institution licenses financial technology to low-overhead, start-up trust departments.
Anti-Money Laundering
News  |  1/30/2005
As concerns about terrorism and fraud intensify, money laundering has become both a compliance and a competitive issue, with attendant consequences.
News & Rollouts: High-Volume Processing, and more.
News  |  1/30/2005
Bank taps futures and exchange-traded derivatives solution.
Rural Bank Turbo-Charges WAN
News  |  1/30/2005
First National Bank of Iowa boosts application response times with data compression.
Who Goes There?
News  |  1/30/2005
Bank of America cuts through password confusion with Netegrity solution.
Long Views for a Short Month
News  |  1/30/2005
BS&T's report on top IT challenges and priorities lays the groundwork for 2005.
Running Ahead of the Pack
News  |  1/30/2005
To gain competitive advantage, Union Bank of California is constantly seeking improvement through technology innovation. Next on its list: server consolidation, network upgrades and imaging solutions.
Complexity Theory
News  |  1/30/2005
Former NACHA chairman hails momentum on electronic payments.
Less Is More
News  |  1/30/2005
Zions Bank gains by consolidating on common platforms.
Real Simple
News  |  1/30/2005
The future of Wells Fargo's business offerings: easy-to-use tools.
Solid Returns
News  |  1/30/2005
Expect robust spending growth, particularly for enterprise IT projects.
Doing Diligence
News  |  1/29/2005
Synergy goals should reflect an understanding of IT systems and capabilities.
Monitoring Credit
News  |  1/29/2005
Sophisticated analytics and credit derivatives are helping banks stay solvent.
Time to Digitize
News  |  1/29/2005
To truly formalize business processes, firms must pursue an enterprisewide strategy.
Blue Skies
News  |  1/29/2005
Along with bankers and consultants, BS&T asked several technology providers and experts for their views on the prospects for financial technology in the new year. The common thread among their visions: optimism.
Exec News
News  |  1/29/2005
JCB Joins MasterCard, Visa in EMVCo
News  |  1/29/2005
Move to accelerate IC cards standards adoption.
Study: ECM and BPM Not Understood
News  |  1/29/2005
Banks fail to realize technologies' full potential.
RFID Gains Traction
News  |  1/29/2005
Amex and CVS partner to provide contactless payments.
IBM Acquires ID Resolution Capabilities
News  |  1/29/2005
Purchase of analytics firm brings bank customers into focus.
Wachovia Leverages Image Replacement Documents To Launch Remote Deposit Capture Service
News  |  1/29/2005
With an Internet connection, a PC and a small desktop scanner, businesses can make check deposits from anywhere.
Wells Fargo Decides It Is Better To Share Than to Exchange
News  |  1/29/2005
Bank signals a shift away from image exchange to image sharing as it joins Viewpointe.
Recipe for Failure
News  |  1/29/2005
Krispy Kreme's rise (no pun intended) and decline presents a classic cautionary tale to any organization that cares about profitable growth, brand value, business intelligence capabilities and management responsiveness (that is, every business).
Fortifying Your Network-Access Control
News  |  1/25/2005
Passwords are still the dominant method of securing data, but with blurring network borders, higher stakes transactions and stricter regulations, you need more powerful tools to prevent unauthorized access.
JPMorgan Releases WebConnect
News  |  1/25/2005
Customers can access data and reports via the Web.
Oracle’s Customer Crusade
News  |  1/25/2005
Company outlines ambitious program to develop a suite of merged software.
To Linux or Not to Linux
News  |  1/25/2005
A Linux-dominated environment is not necessarily inevitable.
Recruiters Top Interview Stories
News  |  1/18/2005
Most people are aware of the applicability of smart cards to payments, but have seen many programs fail in the US. Industry estimates of when smart cards will have a strong US presence range from five to 10 years and beyond. Celent does not expect them to have a significant presence for at least seven years.
Mantas CEO Describes ’Wall’ of Compliance
News  |  1/18/2005
Money launderers prevented from using heavily-protected financial institutions
Click to Pay
News  |  1/18/2005
Harvard Pilgrim Health Care looks to edocs online billing solution to improve cash flow and boost customer satisfaction.
IBM Begins Integration of Identity Resolution Technology
News  |  1/11/2005
For the banking industry, the technology of identity resolution can help to unravel the nasty effects of a long history of mergers and acquisitions.
Wells Fargo Acquires Stake In Check-Imaging Company
News  |  1/11/2005
Demand for sharing check images between banks is growing under the Check 21 legislation.
Just Looking: Best Practices in Catering to the Most Common Online Banking Task
News  |  1/11/2005
E*Trade and Bank of America lead the pack in terms of user experience for online banking.
Commission Ready To Work On National Health-Records System
News  |  1/11/2005
Eleven-member commission, sworn in Monday, has until Oct. 31 to create a plan for electronic health records.
One Question For: Iain Cheyne, First MicroFinanceBank
Commentary  |  1/7/2005
What technology is Kabul-based First MicroFinanceBank leveraging to make banking possible for the residents of post-conflict Afghanistan?
The Flap Over Float
Commentary  |  1/7/2005
I can hear the campaign ads already: "Congressman So-and-So voted for Check 21 to help the big banks collect your money faster when you deposit a check," intones The Voice.
U.S. Bank Offers Mobile Minutes at the ATM
News  |  1/7/2005
Customers can fill up their wallets and their phones at one stop.
News & Rollouts
News  |  1/7/2005
First National Joins the Party; Mitek's QuickStrokes Recognition Tool; IBM Enhances Workplace Solutions; Fuego's BPM 5.5; Bank of India Deploys Misys; Hancock Implements AlterPoint; Hancock Implements AlterPoint; Maybank Rolls Out Welcome
Better Safe Than Sorry
News  |  1/7/2005
Banco Santander secures its data with data replication solution from VERITAS.
Location Isn’t Everything
News  |  1/7/2005
California Bank & Trust targets corporate customers with remote capture solution.
Product Showcase
News  |  1/7/2005
800
News  |  1/7/2005
The techniques of field research pay dividends at the bank branch.
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