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News & Commentary
Content tagged with Management Strategies posted in July 2007
Bank Statements: Paper or Pixels?
News  |  7/27/2007
For a while now, the trend in banking is to push consumers to use electronic statements. Whether to "keep green" or to just save some money, e-statements are pretty commonplace these days. Consumers seem to have accepted them.
BRIEF: Hypercom CEO Keiper to Step Down, March Named to Board
News  |  7/26/2007
William Keiper, CEO of payments solutions provider Hypercom (Phoenix), is stepping down as CEO of the company and will be resign as a member of the board of directors effective Aug. 15, 2007. Philippe Tartavull, president of Hypercom, was promoted to chief operating officer effective immediately. Ian Marsh, EVP and managing director, Asia Pacific Region of the Western Union Company, was appointed a member of the board.
Coinstar Beefs Up Its Remittance Business with GFC Buy
News  |  7/26/2007
Coinstar's purchase of international money transmitter indicates thee growing importance of the remittance market to financial services providers of all kinds.
What's In Your Shopping Cart?
News  |  7/24/2007
I have said several times that the bank tech industry is experiencing a lull. There's nothing brand new to buy. And most vendors are noticing the lull in their revenue figures.
Common Threads: A Week's Worth of News in (Bank) Technology
News  |  7/19/2007
By Nancy Feig July 16-20, 2007
BRIEF: Sants Named Chief of UK's FSA
News  |  7/19/2007
By Maria Bruno-Britz, Bank Systems & Technologyy Hector Sants was appointed chief executive of the Financial Services Authority (FSA) as of July 20, 2007. Sants succeeds John Tiner, who will step down at the Annual Public Meeting on July 19.
Surprise! Kids Are Going to Bank in New Ways
News  |  7/17/2007
By Nancy Feig According to a new Celent report, The Millennials, Financial Services, and the Web, the "Millennial" generation, born between 1982 and 2000, will represent the next mass affluent group and financial institutions will need new marketing approaches to reach them.
Why Aren't The Tails Wagging The Dogs?
News  |  7/16/2007
I'm putting this question to the readers of Bank Systems and Technology because based on feedback that I have seen, some of you have the answer, whereas I don't.
Consumer Mistrust in Banks Growing
News  |  7/16/2007
By Nancy Feig Consumers don't trust banks. That's what I'm hearing. New immigrants don't trust banks because of bank failures in their home countries. Little old ladies store wads of cash in their mattresses because memories of the Great Depression still haunt them. These consumers often fall into the so-called "unbanked" or "underbanked" category, those that are hesitant to bring their money into any formal financi
Not All Banks Reaping Web 2.0’s Potential
News  |  7/11/2007
While Web 2.0 tools can help banks to collaborate with customers, partners and employees in a manner that is more responsive, compelling and effective than ever before, lack of experience and fear of change may hinder some institutions from realizing all that Web 2.0 has to offer.
Northern Trust’s Jana Schreuder Discusses The Challenges of Growth and Globalization
News  |  7/10/2007
Schreuder focuses on keeping Northern Trust's two distinct businesses — institutional and private wealth management — integrated and in lockstep with the organization's strategic direction while dealing with the challenges presented by growth and globalization.
Bank of America Eco-Friendly Skyscraper Sets Tone For Bank Environmentalism
News  |  7/10/2007
The $1.3 million, 2.1 million-square-foot New York structure was designed for Bank of America to be the world's most environmentally responsible office building.
The Pressure Is On Banks and Their IT Organizations To Address Environmental Issues
Commentary  |  7/5/2007
HSBC is the latest among leading financial institutions to commit to addressing climate change and other environmental issues in everything from lending practices to IT operations, but there are no simple strategies for this complex issue.

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