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Citibank UK Finds Aggregation Loophole
In the face of legal challenges, Citibank U.K.'s "MyAccounts" service has had to refrain from aggregating customer accounts held by the major High Street banks. Citibank now thinks they have found away around this problem.
White Paper Sheds Some Light on HIPAA Requirements
NACHA and the ABA have produced a research paper for financial institutions seeking to comply with the Health Insurance Portability and Accountability Act of 1996.
Wells Fargo Inks Online Banking And EBPP Pact With CheckFree
CheckFree's service will help Wells Fargo realize its goal of becoming the only place where customers can receive their electronic bills, set up e-mail alerts, make payments to anyone, and generate reports on bills and/or payments.
Electronic Payment Future Bright In North America
Although domestic banks will spend over $1 billion this year to process paper payments, new legislation is expected to boost investment into electronic transaction systems.
NetBank.com To Offer Insurance
Online bank acquires NetInsurance.com and plans to cross-sell through subsidiaries.
Royal Bank of Canada Optimizes Work Force
Labor is the largest line item in an operating budget; most banks lack good methods for measuring, deploying and optimizing human capital.
IndyMac Bank Sticks With the Click
IndyMac Bank was anxious to avoid being tagged as just another wholesaler using outdated rate sheets when it began working with mortgage brokers.
Clearing the Air
CLS promises to mitigate much of the counterparty risk involved with settling high-value interbank payments.
Credit Union Licenses Harland Product
SMW Federal Credit Union licenses the Touche CRM solution from Atlanta-based Harland Financial Solutions.
Independence CB Taps Outsourcer
Independence Community Bank turns to an ASP solution to provide online cash management services.
Credit Unions Link Loan and Core Processing Systems
North Island Financial Credit Union should be elated at the success of their auto dealer finance program.
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