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CAP Index Lands Large U.K. Bank for Crime Forecasting Product
Risk assessment tool from CAP Index designed to give companies better idea as to how they should allocate security resources.
New E-Discovery Rules Pose Challenges for Banks
Banks need to focus on putting policies in place to govern electronic information, say experts.
When the CIO becomes a political animal, then he/she is no better than the CIA in delivering integrity
By Art Gillis
In adherence to my 2007 resolution to shorten my blogs, I offer this. The only tech guy I know who made a successful career of IT and politics is Frank Lautenberg, formerly CEO of ADP and now senator from New Jersey. But he didn't try to do both at one time. CIOs should call the shots based on what they know, the results of honest analysis, and their conviction that their recommendations are doable, not what the boss or special interest groups within the bank want to hear.
Web Watch
Don't Overlook the Vendor's CFO; Techno-Complexity; The Depersonalization of Customers
BB&T Kicks Off Visa Contactless Card Pilot Program
BB&T kicks off Visa contactless card pilot program.
Banks Move Away From Card-Based Transactions
Rewards programs help deepen banking relationships.
Vendor Podcast: Today's Business Needs & Industry Drivers for Investment & Capital Market Firms - A conversation with Oracle's Senior Director of Industry & Strategy.
BS&T recently had an opportunity to speak with Ed Garry, Oracle's Senior Director of Industry Strategy and Marketing for Capital Markets. Our conversation focused on areas where Oracle's customers are facing challenges as their business evolves and shareholder demand increases. Learn how business drivers such as risk and compliance, customer centricity and the continuous need to reduce operational costs and increase efficiencies are achieved and leveraged in ways that support a business model
CheckFree to Purchase Corillian in Bid to Expand Offerings to Banks
CheckFree/Corillian deal is just one more example of consolidation in bank tech space, say experts.
Fair Isaac Names Veteran IBM Business Strategist, Mark Greene, as Its New CEO
Fair Isaac taps IBM VP of sales and distribution for financial services, Dr. Mark N. Greene, for its new chief executive officer.
TransPay Briefs
News from Metavante, Alogent, Kodak, Carreker and LendingTools.
Catherine Allen to Depart BITS
Long-time BITS CEO Allen to leave role, but not financial services, to devote time to The Santa Fe Group consultancy.
Credit Suisse Outsources to BT in Deal Worth $1.1 Billion
The bank says the deal will let it access state-of-the-art telecom technologies more effectively.
Data security at my bank was a major issue even in the 1960s
By Art Gillis
Long before IT developed into a distributed architecture, the idea of protecting the bank's data was rather simple. Lock down the computer center. The idea was probably based on an old banking rule. Put the cash in the vault every night. My bank took it a step further and buried the "vault." That's right, our computer center was under an apple orchard located about 20 miles from downtown Providence. The data center was indeed impressive. Enough food for 30 days, showers to
Check ACH Coalition Halts Activity, for Now
Coalition will continue to seek new means for processing checks via ACH.
NACHA Institutes New Fees for ACH Network Use
Monies from transaction fees and annual usage fees will be used to further enhance and maintain the ACH network, says association.
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