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News & Commentary
Content tagged with Management Strategies posted in April 2010
Chase to Open 90 Calif. Branches in 2010
News  |  4/28/2010
Chase announced Tuesday that it will open 90 new branches in California, bringing approximately 1,200 jobs to the state and effectively extending Chase's reach in California to more than 800 branches and nearly 3,000 ATMs.
Decide Out Loud, Former Google CIO Advises
News  |  4/27/2010
Douglas Merrill, former CIO and vice president of engineering at Google, gave NACHA Payments attendees tips on innovation during a luncheon speech. The audience was very attentive and seemed to agree with his key points, which included these:
HDFC, NCR Win Two Asian Bank Tech Awards
News  |  4/22/2010
SINGAPORE " India's second largest private bank, Mumbai-based HDFC Bank, and its technology partner, NCR Corporation, won two awards at the 2010 Asian Banker Technology Implementation Awards for the best "Multi-channel Capability" project and the best "ATM Installation and Management Solution," beating 60 other entrants.

Perspectives: Emerging Opportunities in Emerging Markets
News  |  4/22/2010
Industry experts discuss opportunities for banks in emerging markets and the technology necessary to be successful in those global markets.
Bring Banking Expertise to New Markets
News  |  4/22/2010
Banks can benefit by bringing in-house expertise to emerging markets.
The Right Solution For the Right Job
News  |  4/22/2010
An emerging market technology strategy should depend on the type of banking operation the bank is considering.
Local Stakeholder Knowledge Needed to Succeed in New Markets
News  |  4/22/2010
With poor "local stakeholder knowledge," no bank will ever get anywhere in emerging global markets.
Robust Product and Process Designs Required to Enter Emerging Markets
News  |  4/22/2010
Robust product and process designs at an attractive price position are prerequisites to compete in emerging global markets.
TCO vs. ROI vs. Payback Time: Is One Better?
News  |  4/21/2010
In the best and worst of times for IT budgeting, internal debates and analysis within banks and other financial institutions will invariably get around to some financial justification for incremental new spending, evaluating new projects, or looking at contracts up for renewal in one or two years. Over the past three decades there have been several methodologies that bank finance types and third party consultants have used to perform this type of analysis. None of the alternatives are perfect an
TD Bank Opens Prototype Green Branch
News  |  4/19/2010
With the launch of an LEED Platinum-certified branch in Queens Village, N.Y., TD Bank takes a major step in its quest to significantly cut its greenhouse gas emissions.
Cardlytics' Transaction-Based Ad Model Booming
News  |  4/19/2010
As a business model, Google is a Web advertising platform with a search engine, e-mail and productivity software suite, Web browser and a host of other computing tools built on top. Search for something on Google and you usually find what you're looking for, along with any number of paid advertisements for products that might have something to do with what you seek. Apply that concept to advertisements based on consumer purchases printed in an account statement, and you get an idea of where
Wells Fargo Joins Green Electronics Recycling Group
News  |  4/16/2010
Well Fargo on Thursday announced it joined e-Stewards, a group comprised of several companies and institutions that use electronics recyclers that meet certain standards for responsible electronics recycling.

Citi Hopes 'Smart Banking' Will be Big in Japan
News  |  4/14/2010
Picture retail banking branches with interactive media walls, touch screen service browsers and customer interaction via teleconferencing. Citi thinks the idea could be big. In Japan.

The Robotic Tour Guides of Santander Financial City
News  |  4/8/2010
Helpful robots and fully interactive video walls used to be the stuff of science fiction. But for those who happen to visit Santander Group's Spanish visitor center, that kind of technology becomes somewhat more tangible.

New WSFS CTO Mazarakis Driving Virtualization, Colocation, Imaging Projects
News  |  4/8/2010
Former T. Rowe Price CIO James Mazarakis aims to improve IT service levels as WSFS Bank's new CTO.
New Wells Fargo Blog Discusses Environmental Efforts
News  |  4/8/2010
Keeping customers abreast of its environmental activities is among the purposes for the recently-launched Wells Fargo Environmental Forum blog. The blog, which launched in mid-march, is the latest in the bank's social media efforts, which include six blogs, two twitter accounts, three YouTube channels and communities on Facebook and MySpace.

Consequences of Consolidation: Hunting for Elusive Growth
News  |  4/7/2010
The long term secular trend of consolidation that has affected the US banking and credit union industries for 25 years is destined to continue for the foreseeable future, at least another five and perhaps ten more years. What do I mean by secular trend of consolidation? Simply, the number of institutions (consolidated to the holding company for banks) has been shrinking steadily. Let's put some numbers on the table. In 1985, there were 17,900+ FDIC and FSLIC charters for banks and thrifts (formi
Credit Unions Press Their Post-Crisis Advantage
News  |  4/6/2010
Post-crisis, credit unions are taking it to their bank competitors, soaking up deposits and investing in already-superior online banking capabilities.
NY Post Reveals Chase CEO Dimon's Succession Plans
News  |  4/5/2010
In a story Friday, the New York Post explored J.P. Morgan Chase CEO and chairman Jamie Dimon's executive succession plan, revealing potential changes of leadership at the bank.

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