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News & Commentary
Content tagged with Management Strategies posted in October 2002
Executive Changes
News  |  10/18/2002
Corillian Corporation announced that its board of directors has promoted the company's president, Alex Hart, to interim chief executive officer; ABN AMRO Bank's Global Trade & Advisory group has hired two new directors; City Networks names Ken O'Brien vice president for North American Sales.
International Bytes
News  |  10/18/2002
Arab National Bank launches an anti-money laundering and fraud detection system from ACI Worldwide; Hokuriku and Ashikaga Banks roll out an ASP solution from NTTDATA and FNX Limited; Siam City Bank chooses straight through processing (STP) and trade processing solutions from Reuters.
North America Bytes
News  |  10/18/2002
National Bank of Canada's New York State operations will use a custom outsourcing solution from Fiserv; Ventura County Credit Union will provide enhanced online banking services to its members by converting to Voyager Special Edition (SE) from Corillian Corporation; KeyBank will implement an enterprise analytics package from INEA Corporation.
Association Update
News  |  10/18/2002
Fiducite to hold a one-day event on new technology trends in the financial services industry; new speakers added to the BioDefense Mobilization Conference & Exhibition.
Bank of the Sierra Taps MoneyLine
News  |  10/4/2002
Bank of the Sierra selects MoneyLine Lending Services to provide greater access to innovative mortgage products.
Self Storage
News  |  10/4/2002
As the storage solution provider model falters, banks are developing in-house systems to support information backup.
Slowing Check Volumes Spur Consolidation
News  |  10/4/2002
As check volumes decline, U.S. banks are increasingly looking to outsourced solutions to control costs.
World Briefs
News  |  10/4/2002
Westpac Banking Corp. licenses ATM, debit card, POS and telephone banking software from Euronet Worldwide; Taishin International Bank; National Commercial Bank of Saudi Arabia; China Everbright Bank; National Bank of Kazakhstan; and Dubai Bank, United Arab Emirates, have licensed core banking technology from HP; HDFC Bank installs TreasuryTrader.
Standard Chartered Installs Desktop Support System
News  |  10/4/2002
Standard Chartered Bank installs a desktop support system to manage the 31,500 servers, desktops and laptops it has scattered around the world.
ABN AMRO Win Buoys EDS
News  |  10/4/2002
ABN AMRO's decision to tap EDS for a $1.5 billion outsourcing contract is the latest in a string of successes for the Dallas-based IT services company, which like its competitors has been beating the bushes for new business in a sluggish economy.
Bank Bytes
News  |  10/4/2002
East Boston Savings Bank increases its loan volume by 40 percent in the three years it's used easyLender; Valley National Bank licenses branch and call center management software from S1; Charter One Bank introduces FYI Alerts.
Bringing Down The Horse
News  |  10/4/2002
Three new bank branches have opened within a two-block radius of my office in midtown Manhattan. What is interesting is that none of these new branches goes by the name of Citibank or JP Morgan Chase. My new banking neighbors are Commerce Bank, North Fork Bank, and Washington Mutual.
Executive Changes
News  |  10/3/2002
Tony Petrillo named director of technical services for TOWER Technology; BrokerTec Clearing Company appoints Frank Perrone chairman and Ronald Filler vice chairman.
International Bytes
News  |  10/3/2002
BANCAJA Group and ABN AMRO establish trade payments partnership in Asia; The Australia and New Zealand Banking Group launches Global PAYplus payment system from Fundtech in its New Zealand properties; Cape of Good Hope Bank goes live with Trema's Finance KIT for its treasury and risk management departments.
North America Bytes
News  |  10/3/2002
Republic Bank of Chicago chooses Metavante Corporation to outsource its core processing; National City Bank Corporation selects InterChange from Netik to provide enterprise-wide application integration and automation for SWIFT message processing; American Savings Bank deploys an e-messaging suite from ZixCorp.
Association Update
News  |  10/3/2002
More then 200 million e-check payments were made during the first half of 2002, according to statistics released by NACHA; The Independent Community Bankers of America will recognize and support the Electronic Check Clearing House Organization rules for electronic check presentment.


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