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Timing Isn't Everything. It Just Separates The Winners From The Losers
Domestic core system vendors vs. International core system vendors. Every week I read about a new sale made by either i-flex solutions, TEMENOS, Infosys, Misys, or Tata Consultancy, and they are mostly significant sales. But their marketplace is not the U.S. There's a more active market out there called "the rest of the world." While this robust new business activity is taking place, U.S. vendors are still looking for the passport office.
Blum Named VP of HP’s Global Financial Services
Mike Blum, former Amdocs president, to join HP FS practice.
Emerging Global Players Have the Resources To Transform the Banking Technology Business
Four emerging global "financial power brokers" -- oil-rich countries, Asian central banks, hedge gunds and private equity firms -- are becoming increasingly active in the financial services and business technology sectors, according to a new report by the McKinsey Global Institute.
NACHA Announces Mobile Banking Initiative
The Electronic Payments Association (NACHA) forms mobile banking work group to develop an ACH strategy for mobile.
Banks Take Steps to Cut Their Environmental Impact
Two new reports, both issued within the last week, detail methods that financial institutions could employ to lessen their environmental impact. While many banks are starting to take steps to become greener, lack of regulatory guidance leave many institutions unsure of what paths to pursue and where to start. TowerGroup and Gartner offer some advice for those looking for some direction.
Turn the Research Panel into an Online Community
Given the socialization of the Internet and how it is transforming the way firms conduct business (read: Web 2.0), we wonder if there isn't an opportunity for banks to take research panels such as Chase's new Chase Panel and make them more of a two-way community.
Financial Services CEOs Not as Tech-Savvy As They Say
Bank CEOs say they promote IT/business alignment, but many businesses fail to do so, according to a Diamond Management & Technology Consultants study.
Innovator CIOs Are Everywhere But In Banking
Computerworld just published its list of the top 100 innovators. I looked for banks and found only two. Citigroup Risk, Compliance and Legal and Wachovia Investment Banking. Not your core banking CIOs mind you. Go figure.
An Online Banking Story With a Happy Ending
While interviewing an executive from Bank of America for a mobile banking article, I learned of a new online banking function, the ability to transfer money from my account to that of another Bank of America customer.
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