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News & Commentary
Content tagged with Management Strategies posted in January 2009
Sovereign Bank Automates Imaging With Adlib Solution
News  |  1/30/2009
To automate document imaging, Sovereign Bank deploys Adlib's ExpressRecognition Server, which quickly proves to be a transformative technology.
Umpqua Hires New CIO
News  |  1/26/2009
BofA_help Making Good on its Tweets
News  |  1/23/2009
After being on Twitter for barely two weeks, Bank of America's virtual helpdesk seems to be making a good first impression on some users. If the often-cynical readers of are happy with it, then it looks like BofA has figured out
Many Bank IT Vendors Won't Survive 2009
News  |  1/21/2009
One in eight U.S. bank IT vendors will fall victim to a long-term drop in bank technology spending, Financial Insights predicts.
The WellsFargovia Blog: Social Media Meets Merger Communications
News  |  1/8/2009
On January 2nd, the first business day after the approval, Wells Fargo launched a new blog on its public site that features posts from employees at Wells and Wachovia. According to Wells Fargo, the blog is supposed to keep Wachovia customers informed of news and updates as the takeover moves along. It's a great idea - Wachovia customers will have a lot of information thrown at them in the next few months.
2009 Bank Tech Outlook Perspectives: Reevaluating the Future
News  |  1/8/2009
Industry analysts look back at 2008 and predict what 2009 may bring.
Will a Smarter Banking Industry Emerge from the Crisis?
Commentary  |  1/8/2009
The credit crisis and related fallout have created a kind of "crisis of faith" across banking. But after the anger, sorrow and confusion, a smarter, stronger and more customer-focused banking industry could emerge.
Mastercard's Orbiscom Acquisition "Significant": Javelin
News  |  1/7/2009
Jim Van Dyke, the esteemed founder of Javelin Strategy & Research, a security specialist in Pleasanton, Calif., says in a blog today that he feels "compelled" to note the significance of Mastercard buying Orbiscom, news BS&T reported earlier this week.
Finding the Solution for the Delicate IT Balance
News  |  1/7/2009
Executives from the technology solutions community offer their assessments on the key challenges facing IT execs in 2009.
Banks Must Take Advantage of Opportunities Where They Find Them
News  |  1/6/2009
IT investment will depend a great deal on the size of an organization as well as on the opportunities on which they hope to capitalize.
Citi, Hiring or Firing? Corporate sponsor hard to read.
News  |  1/6/2009
I was surprised to chance upon a recruitment ad from Citi this week, considering that the $2-trillion giant is in the process of shedding 75,000 staff, or 20 percent of its global workforce, as discussed in the latest issue of BS&T magazine.
Community Banks Are Safest Bet
News  |  1/6/2009
U.S. community banks, which are models of safety and profitability amid the market turmoil, will increase IT spending just to stay alive.
Offshoring of Bank IT Jobs Looks Likely to Rise in 2009
News  |  1/5/2009
Amid the financial crisis, banks are likely to dial up their use of offshore outsourcing. But cost cutting isn't the only driver.
Strategic IT Cost Reduction Can Preserve Core Strengths
News  |  1/5/2009
Banks must take a strategic approach to IT cost cutting and preserve core strengths in order to emerge from the downturn in a healthy competitive state.
Tech Spending in 2009 to Be Trimmed, Not Slashed
News  |  1/5/2009
Bank technology executives acknowledge that 2009 will be lean, but they're hopeful that it won't be too mean.

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