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BANK OF AMERICA INKS AGGREGATION DEAL WITH YODLEE
Bank of America has entered into a strategic alliance with Yodlee and its new aggregation platform.
Open Skies
Since the dawn of the Jet Age, passengers can travel farther, faster and cheaper than ever before. The Internet Age promises similar
advantages to people financing their homes. But when the mortgage industry builds its version of the Boeing 747 jumbo jet, banks might find
themselves booking tickets rather than flying the plane.
MasterCard Flexes New Platform Muscle
A new, integrated global payment processing platform being rolled out by MasterCard International will give 20,000 member banks greater
flexibility when it comes to everything from settlement times to rolling out new programs.
Scotiabank Inks Outsourcing Deal With IBM
Concerns over the ability to attract top IT talent and keep pace with technological developments prompted Scotiabank to outsource its
Canadian computer operations to IBM Canada Global Services.
First Tennessee Joins Viewpointe Archive Service
First Tennessee Bank has signed a seven-year contract with Viewpointe Archive Services, an archive and retrieval service for check images
operated by J.P. Morgan Chase, Bank of America and IBM.
FleetBoston Kicks Off E-Bill Initiative
FleetBoston has jumped on the e-billing bandwagon, forming a strategic alliance and licensing agreement with edocs, a Natick, Mass. bill
payments software company.
AUTOMATED VALUATION MODELS GROW ON GMAC-RFC
GMAC-RFC relies on automated valuation models to streamline certain aspects of the mortgage process.
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