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.
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.
Mobile Banking Experiencing Increased Adoption
As an increasing number of institutions pursue mobile banking initiatives, questions remain over which delivery model is best, whether consumers really want the service and how banks can realize a return on their investments.
Banks Eye Wealth Management Market
As baby boomers transition into retirement, the wealth management market is more promising than ever. To grab a piece of this lucrative opportunity, banks must deploy analytics to segment and identify the needs of consumers and develop customer-centric offerings.
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.
Fiserv Completes Acquisition of CheckFree
Jeffery Yabuki will continue to serve as CEO and president of Fiserv. Pete Kight will be named vice chairman of Fiserv and will lead new proudct development and strategic integration.
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.
New Bank of America Visa Card to Help the Planet, Takes New Twist On Rewards
It looks like credit card issuing banks are starting to take a leadership position when it comes to the whole "green" craze in which we now find ourselves. Sure, we've heard news about banks building green data centers and others that are constructing new offices that are Earth friendly. Now, we're seeing credit cards getting creative with their rewards programs by promoting green initiatives rather than the typical airline miles.