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CALIFORNIA’S NEW RULES OF DISCLOSURE
A California law that takes effect July 1 will force companies inside and outside the state to disclose embarrassing information-security breaches.
Staying in Front of Change
As anyone involved in the banking technology world knows only too well, change has become a way of life in business.
E-Checks Rapidly Gaining Acceptance, NACHA Says
Automated Clearing House (ACH) transactions could grow to 18 billion payments by 2010, up from 9 billion in 2002, according to a recent study released by the National Automated Clearing House Association (NACHA).
Banks Launch Nostro Service
Banks chose Cable & Wireless Real-Time Nostro as a standard infrastructure for sharing Nostro information.
FSTC Project Targets Web Services
FSTC works to establish Web services standards for corporate banking.
Japanese Bank Dials Up Packet Solution
In a bid to better control the traffic over its telecommunications network, the Bank of Tokyo-Mitsubishi has redesigned its system, deploying bandwidth management technology from Packeteer, a Cupertino, Calif.-based technology company.
India Opens National ATM Switch
Euronet Worldwide, an e-payment technology company, has received approval from the Reserve Bank of India to operate a national shared ATM switch, with Industrial Development Bank of India as the settlement bank.
Bank of Hawaii Installs INEA Suite
Bank of Hawaii selects performance management system from INEA.
SWIFT Hopes to Conquer Fear of "New Realities"
Now that host country Singapore has been given the "all-clear" signal by the World Health Organization, SWIFT's Sibos 2003 conference seems all set to proceed as scheduled, from October 20 to 24.
E-Payment Competition Heats Up
The overall total for online bill payments are skyrocketing.
Debit Card Usage Is Rising
Consumers prefer to make small transaction via Debit payment.
Banks Move to Comply With PATRIOT Act
Banks are racing to comply with the USA PATRIOT Act's requirements that terrorists not be allowed access to the financial system, such as by assuming a false identity in order to shift funds electronically from one account to another.
Union Planters Offers Payroll Card
Union Planters Bank is offering a new payroll option that gives companies the ability to use stored value card technology to replace the costly and often time-consuming paper paycheck process.
A Season of Renewal for Bank Branches
Because the financial services industry is an integral cog in the mechanics that drive personal and business commerce, it remains in a constant state of evolution as it attempts to mirror the needs and desires of its customers.
AVOID BAD-DATA POTHOLES
In this day of stepped-up data analysis, data quality is a critical issue that is getting more attention.
SECURITY FEARS STYMIE ONLINE BANKING ADOPTION
Apprehension surrounding Internet security is still the number-one roadblock to mass consumer adoption of online banking in the US.
MasterCard Picks Velosant for E-Invoicing
MasterCard has added purchasing card payment options into the electronic invoice presentment and payment (EIPP) system of Velosant, a First Data affiliate.
Celent Expects Online Mortgage Share To Double
Even if mortgage origination volume falls, Celent expects the share of mortgages originated via the Internet to double by the end of 2005.
Bank of America Stays On Top Of Gomez SOHO/Micro Rankings
Bank of America shored up a weak spot by introducing real-time synchronization between ATM activity and its Web banking transaction history.
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