Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News & Commentary
Content tagged with Compliance posted in February 2009
Millions Walk From Irish Bank Amid Shoddy Security
News  |  2/27/2009
One Bank of Ireland employee under duress procures about $9m for crime gang.
Time for ID Theft Victim’s Bill of Rights, Industry Group says.
News  |  2/24/2009
Crisis is making a bad problem worse, says The Santa Fe Vendor Council.
NY Times Calls for Banks Such as Citi, BofA to Be Nationalized
News  |  2/23/2009
Nationalization is the only way to truly gauge banks' bad debts, says 'the paper of record.'
The Ultimate CIO
News  |  2/23/2009
Coping With the 2009 Regulatory Challenges
News  |  2/23/2009
By Ralph Baxter, ClusterSeven As the financial industry enters an extremely uncertain 2009, banks are faced with a variety of challenges and there are a lot of questions as to how they will cope. These challenges revolve around the uncertain regulatory climate and the fact that there is an increasing demand for enhancing compliance and risk management capabilities during a time of decreased revenues. How will most banks react?
Answering to a New Set of Shareholders: Centralized Tech Planning Key to Managing TARP
News  |  2/20/2009
By Erik Garr and Rachel Parker, Diamond Management & Technology Consultants When the Federal Deposit Insurance Corp. recently asked the banks it regulates to provide information on how they are using billions of dollars in government aid to help struggling homeowners avoid foreclosure, it underscored the critical role technology will play in transparency issues and reporting. After the difficulties many institutions experienced with the Sarbanes-Oxley Act (SOX) earlier in the decade, a
Crisis Shouldn’t Stop Banks From Readying for Red Flags
News  |  2/19/2009
Financial services companies' efforts to comply with 'red flag' rules should not be hindered by the economy.
BMO Looks Beyond Basel II With Reveleus
News  |  2/19/2009
Seeking a simple, cost-effective solution for its Basel II compliance needs, Bank of Montreal also has been able to leverage Reveleus for other risk management initiatives.
Throw Investment Bankers a Bonus? Troubled Assets.
News  |  2/18/2009
The markets may not have been too impressed with Treasury Secretary Geithner's plan to deal with banks bad loans, but the audience at a recent Columbia University discussion BS&T attended on the economy loved
CSC Launches ComplyID to Help in Red Flag Compliance
News  |  2/18/2009
CSC launches ComplyID to help in Red Flag compliance; Web-based solution provides automatic detection, resolution of potential ID fraud attempts.
Geithner's Debut Gets Panned
News  |  2/11/2009
There were no rave reviews for Treasury Secretary Timothy Geithner's presentation on Tuesday, Feb. 10, of the Obama Administration's "Financial Stability Plan."
Insiders Weigh in on Geithner's Bailout
News  |  2/11/2009
Now that Treasury Secretary Geithner has laid out his plan for round two of the bank rescue, what will the implications be for banks as they try to implement the reforms Geithner desires?
U.S. Bank Chiefs Prepare to Justify Their TARP-related Actions
News  |  2/11/2009
On Tues., the heads of the U.K.'s largest banks appeared before Parliament to apologize for the mess that is that country's financial system. Today, the chiefs of America's top banks will sit before Congress and try to convince lawmakers that they are, in fact, using their TARP money to make loans.
Can More Spending Help the Economy?
News  |  2/10/2009
Last night, Pres. Obama took to the airwaves to plead his case to Americans with regard to the long-awaited, embattled economic stimulus package. In case you didn't catch it, below you can find video of the press conference.
Using Your ERP System to Weather the Bailout Economy
News  |  2/2/2009
By Sharon Ward, Green Beacon Solutions Most financial services companies rely on information in their enterprise resource planning (ERP) systems for financial reporting, yet the regulations and reporting requirements resulting from government bailouts are too new to have been built in to existing ERP systems. It's likely that regulations will take effect quickly once the final bailout bills take shape. Whether a bank is looking for a new ERP system or continues to use an existing appli

Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.