Chase to Open 90 Calif. Branches in 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
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
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.
TCO vs. ROI vs. Payback Time: Is One Better?
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
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
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
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.
The Robotic Tour Guides of Santander Financial City
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.
Consequences of Consolidation: Hunting for Elusive Growth
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