Content posted in October 2006
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Coinstar to Enable Direct Deposit of Coins
Coinstar Direct Coin Deposit service a potential customer retention/cost saver for banks.
https://www.forums.channelweb.com
IT services firms Capgemini and Kanbay to merge in $1.25 billion deal.
Stock market performance reaches a high that most bank tech stocks would love to copy
By Art Gillis
There are hundreds of checks and balances I use in the selection of the best core apps solution for a client. The price of a vendor's stock is not one of them. And what I know about the stock market is like what a pharmacist knows about brain surgery. "Whadya got for a headache?" "Let me open your skull to see what's wrong."
But I confess to keeping track of bank tech stocks in my report "Automation in Banking." Prices are tracked from April to April. Having noticed the D
An Image of the Future
Hancock Bank turns to document imaging to cut storage costs and prepare for growth.
Trading on the Grid
ABN AMRO deploys GridServer for derivatives trading.
KeyBank Finds a Better Way to Branch With MapInfo
KeyBank standardizes branch decision making with MapInfo market simulation model.
Banks Redoubling STP Efforts in Lending Practices
Banks are redoubling straight-through processing efforts in lending to cut costs and improve customer service.
Web 2.0 Summit: Wall Street Becomes One Big Social Network
Banks are tapping SOA to achieve multichannel integration, enabling seamless customer service, increased speed to market and accelerated organic growth.
BS&T Holds First Executive Summit
Bankers gather for BS&T's first Executive Summit.
Offshore Vendors Inconsistent on Security Controls
The lack of formalized security controls in offshoring contracts can hurt data protection, BearingPoint says.
https://www.informationweek.com/
Generational differences in customer segments are prompting banks to rethink channel strategies.
Bankers See SEPA Benefits, But Most Not Ready to Make Transition
Accenture's SEPA survey reveals an industry that sees a brighter future, but also harbors doubts about how to get there.
Bharosa Introduces Fraud Fighting Network
Bharosa introduces a networked approach to fighting fraud.
Digital Insight, Metavante Deal Enhances Payments Landscape With A2A Tranfers Capabilities
Digital Insight taps Metavante to expand payments offerings.
NCHA Offers Check Security Feature Registry
Creates registry to verify security features on checks.
Health Savings Account Market Is Expanding
Banks win big with new bill that raises HSA contribution limits.
Debate Down Under
In the world of payments, it's the proverbial best and worst (or, at least, most challenging) of times.
Researchers Expose Contactless Credit Card Flaws
Information including names, card numbers, and expiration dates can be gleaned from credit cards with just around $150 worth of gear, according to a report released this week.
Chile Positions Itself As IT Outsourcing Location
The Latin American country is mounting an aggressive campaign to attract more high-tech customers. Many U.S. operations have already established business beachheads in Chile.
Study: Data Breaches Becoming More Expensive
The 2006 average was $182 per compromised record, including the cost of detection, escalation, notification, and follow-up help to victims. The Ponemon Institute's 2005 study cited a figure of $132 per record.
The Best And Worst Cities For Data Centers
A new report looks at 35 cities as potential homes for data centers and analyzes which are the most and least expensive.
Businesses Apply New Metrics In Measuring IT's Value
CIOs look beyond ROI to gauge customer interactions, sales impact, and tech-driven innovation.
Software To The Rescue For SOX And HIPAA
Still, technology is no substitute for knowledge for keeping in compliance with government regulations.
My 11 picks for core solutions
By Art Gillis
I am pleased to offer banktech.com/blog readers my 11 picks, along with the following explanations:
Outsourcing Sizes Up Smaller Deals
The number of outsourcing contracts topping $500 million is declining, which smaller contracts of less than $250 million are rising dramatically, an IDC report says.
Basel II Drives ERM
The consensus among bankers and experts is that Basel II is the driving force behind enterprise risk management (ERM). By January 2008, Basel II guidelines will be required for U.S. institutions with $250 billion or more in assets or $10 billion or more in foreign assets.
Converged Communications
Traditionally touted for their cost savings and enhanced functionality, Voice Over Internet Protocol (VOIP) and IP telephony now are helping banks to improve resource management, business continuity, customer service and overall performance.
Delegation of Duties
Mid-State Bank & Trust cuts customer statement production and mailing time in half.
Need Cash? Texting Service Locates ATMs
A new cell phone service from MasterCard sends users the location of the nearest ATM via SMS text messaging.
Treasury Management Technology: Businesses Look to Banks
Banks can play a role in streamlining corporate treasury management, says new Celent report.
September Was A Good Month For Tech Workers, Survey Finds
Job confidence slid in Hudson's national index last month, but IT and telecom pros were optimistic about their job prospects, job security, and personal finances.
NCHA Offers Check Security Feature Registry
Security feature registry designed to help FSIs and merchants to verify security features on checks.
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Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.
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