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U.S. Bancorp To Overhaul Payments
U.S. Bancorp hires Unisys to provide advice on architecture design, image delivery, workflow, revenue generation and related issues.
World Briefs
WestLB installs Loan IQ in its Singapore, Tokyo and Sydney offices; BOC Credit Card contracts with EDS to upgrade its card processing systems in mainland China, Hong Kong and Macau; OKO Bank licenses Kana IQ, a contact center management solution from Kana.
Deutsche Bank Inks Deal With IBM
Deutsche Bank has contracted with IBM to take over its computer center operations in continental Europe. The 10-year deal, worth 2.5 billion euros, should add up to annual IT savings of 100 million euros.
Bank Bytes
Sutton Bank contracts with Metavante for stored-value card processing services; BankAtlantic taps FundsXpress for hosted e-banking services; National City licenses WebSeries.
Old Traditions
I plan on adopting my late grandparents strategy to Christmas gift giving. They were first generation Sicilians, and they always gave the same simple present-money. This plan was partially predicated on necessity-they had 16 grandchildren and very limited funds-and culture.
International Bytes
Robeco Bank experiences an increase in productivity by using Siebel CRM products; Allied Irish Banks chooses a check fraud prevention system from Carreker; Penson Worldwide Settlements licenses an automated clearance and settlement service from SunGard Securities Processing.
North America Bytes
JP Morgan Chase Bank to use check fraud detection system from Fiserv; Zions Bancorporation selects real-time Web analysis tool from Omniture; ATB Financial installs an integrated money laundering and fraudulent activities detection system from ACL Services.
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