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News & Commentary
Content posted in May 2006
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Sun CEO Schwartz Plans To Cut Up To 5,000 Jobs
News  |  5/31/2006
Sun sets a six-month cost-cutting plan to cut jobs and increase efficiency.
Wells Fargo to Offer Envelope-less ATMs
News  |  5/30/2006
Newer tech prompts FI to start converting part of fleet.
Feds Lead The XBRL Charge
News  |  5/26/2006
Regulators are pushing banks and financial services firms to use the XBRL standard to report financial data. Public companies are next.
Cleaning House
News  |  5/25/2006
First National Bank of Omaha consolidates its IT environment with Linux servers.
Data Takes on a Life of Its Own
News  |  5/25/2006
Information life-cycle management is a cost-effective, manageable way for banks to organize data from creation to deletion.
When Clients Speak, Wells Fargo Listens
News  |  5/25/2006
After graduating from the State University of New York at Albany, Danny Peltz went west and found himself in California working for a then-regional bank with a one-state presence.
Perspectives: High-Performance Contact Centers
News  |  5/25/2006
Contact Centers Emerging technologies such as VoIP; voice- driven, self-service systems; and intelligent call routing systems can increase flexibility in the bank contact center, resulting in improvements in agent productivity and enhanced customer satisfaction.
Investing in Customers’ Futures?
News  |  5/25/2006
Banks have failed to heed customer demands for online financial planning capabilities.
BS&T Blogosphere
Commentary  |  5/24/2006
Told You So; Everything I Need to Know, I Learned in Kindergarten; Oops, the Dog Ate My Files; The Salary Survey; Insurance & Technology's Tech-Savvy CEOs Pod-ified; Payments Portal; The Web Services Question
No Token Resistance
News  |  5/24/2006
Citi rolls out Digipass authentication devices to biz clients.
New Products
News  |  5/24/2006
EVault Offers Policy-Based Archiving; Maximizing Mortgage Leads With VoIP; Source Provides Kiosk Project Planning
Data, Data Everywhere
News  |  5/24/2006
FirstMerit engages IBM to help consolidate its server environment.
Corporates’ Wishes Are Banks’ Commands
News  |  5/24/2006
To retain demanding corporates in an increasingly competitive market, banks work to anticipate their treasury and cash management needs. Automation, integration and standardization are just the beginning.
ISO: Going Beyond Manufacturing
News  |  5/24/2006
Information security standard provides a new option for financial institutions' security troubles.
Hurry Up and Wait
News  |  5/24/2006
While providers begin to introduce SEPA solutions, banks are dragging their feet, vendor says.
First Things First
News  |  5/24/2006
Study finds banks are ready to invest in innovation, but regs must come first.
Infosec Help Right in Your Pocket
News  |  5/24/2006
Attorneys author compact guide for bank security concerns.
Executive News
News  |  5/24/2006
Small Biz Offers Big Opportunity
News  |  5/24/2006
Wells Fargo adds small-business offering, reflecting wider industry focus on the segment.
Web Excellence
News  |  5/24/2006
Studies provide insight into bank best practices on the Web.
Big Deals
News  |  5/24/2006
BankAmericard Resurrection: Just Posturing or Real Business?
News  |  5/24/2006
Bank of America may pose the first real challenge ever to the card association establishment.
For Your Own Good?
News  |  5/24/2006
Is the ability to market and cross-sell a matter of life or death? Does insight into customer preferences guarantee survival?
Credit Unions Hacked More Than Banks
News  |  5/23/2006
One vendor’s research shows FIs should never rest on their laurels, no matter their size or visibility.
Net Neutrality Finds Bipartisan Support
News  |  5/19/2006
Efforts to keep the Internet free of tiered pricing schemes gains steam in Washington.
Diebold Cancels Outsourcing Contract, Brings Home IT, ERP
News  |  5/17/2006
In a case of life imitating survey results, Diebold's decision will cost the company about $7 million.
NACHA Payments Conference 2006: Three-Way Fight: ARC, Image Exchange and Cards
News  |  5/16/2006
Which is the better payments technology -- accounts receivable conversion (ARC), check image exchange or cards?
NACHA Payments Conference 2006: Payments Free-for-All
News  |  5/16/2006
Banks need to make clients realize nothing is free.
NACHA Payments Conference 2006: Loyalty Is in the Cards
News  |  5/16/2006
New retention schemes are a must in a fickle consumer environment.
Getting Crafty With VOIP
News  |  5/15/2006
Concerns about call quality, security, and infrastructure construction and management have kept some financial services organizations from investigating VOIP. But as the technology matures, that may be changing.
Banks Take Their Places on the Grid
News  |  5/15/2006
As computing demands increase, more and more investment banks are jumping on the grid bandwagon. And as it matures, they're finding more and more uses for the technology.
More E-Mail Problems, More Fines For Morgan Stanley
News  |  5/12/2006
The financial services firm paid million to settle SEC charges that it destroyed E-mails and failed to cooperate with investigators.
AT&T To Skip WiMax For LTE?
News  |  5/11/2006
Learn what your firm needs to (eventually) upgrade.
Oops, the dog ate the files
News  |  5/9/2006
By Art Gillis The next time a large bank loses customer data, it ought to come up with an excuse that the public can relate to. So far, the news reports have focused on four large banks. Those banks spend $11.6 billion a year on technology. A good padlock at Home Depot costs less than $4.00. Buy it in China or India and it's a buck. Do the math. But if the loss occurs during the transport of data, there may even be a free solution to that problem. Thomas L. Friedman tells us the cable to
Leadership, Vision and Collaboration: Insurance & Technology’s Tech-Savvy CEOs 2006
News  |  5/3/2006
Insurance & Technology's Tech-Savvy CEOs 2006
Web Watch: What’s Going On Online
News  |  5/3/2006
Words of Wisdom from Art Gillis
Barclay’s Unobtrusive Online Security
News  |  5/3/2006
Cyota authentication tool to work quietly in the background.
New Products
News  |  5/3/2006
We’ve Got You Covered
News  |  5/3/2006
Royal Bank America improves overdraft-services efficiency with BSG Financial solution.
Analyze This
News  |  5/3/2006
Meriwest Credit Union gains insight into survey data with Monitor Software solution.
Search Engine Optimization
News  |  5/3/2006
The online channel is an increasingly critical component in banks' efforts to build market share, improve customer retention and cross-sell. By utilizing search engine-based marketing, innovative banks can drive qualified traffic to their Web sites.
News  |  5/3/2006
Remote capture is about more than just imaging checks.
H$As: Sharing
News  |  5/3/2006
Health savings accounts offer rich opportunities for banks willing and able to make the investment necessary for seamless systems integration with health insurer partners.
Collaboration Is Job One
News  |  5/3/2006
Growth Can Be Risky Business
News  |  5/3/2006
Financial institutions are focused on selling, to the detriment of data security.
News  |  5/3/2006
Evidence points to a strong need for a brick-and-mortar presence to complement remote channels.
NACHA Takes Page From PayPal
News  |  5/3/2006
But will private e-payments pilot generate enough interest from e-businesses?
IBM Debuts SOA Governance
News  |  5/3/2006
The time is right for IT governance solution, expert says.
Executive News
News  |  5/3/2006
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