NEW PRODUCTS J&B Software Releases Browser-Based Remote Capture Solution Vendor says eCapture offers users more secure and cost-effective capture of checks. Chesapeake System Solutions Releases T-Recs Enterprise Financial Reconciliation Solution The all-in-one application automates reconciliation of cash and noncash accounts. Apatar Adds StrikeIron's Address Verification Service Connected to Apatar's Open Source Data Integration tool set, the new feature verifies and corrects any address in the United States. ROLLOUT Citizens Bank Rolls Out GoldTracks Records Management System Financial Systems & Equipment's solution tracks loans throughout their life cycle for increased time and budget efficiencies. |
FROM THE EDITOR Everything You Know About Banking, You Learned in High School New research from Careerbuilder.com suggests that one's experiences in high school shape their career choices, earnings and professional development. FEATURE Pursuing the Promise of SOA While a lack of SOA industry standards may be hindering widespread adoption of service-oriented architecture, some banks -- eager to improve IT integration and business agility -- are implementing the strategy now in various forms. EXECUTIVE Q&A Peter Makohon Keeps Wachovia Secure on the Cyber Front Lines As VP of corporate information security, Makohon is responsible for safeguarding Wachovia's network and protecting the bank's customers from cyber criminals, malware and newly emerging threats. INDUSTRY WATCH HP's Purchase of EDS May Have Minimal Impact on Financial Services HP's pending acquisition of EDS will create a huge global services player, but the deal's impact on the financial services industry remains to be seen. NACHA's McEntee to Retire as CEO; U.S. Bank's Estep to Replace Him Providing more valuable ways to use the ACH network is a goal of former U.S. Bank payments exec Janet Estep, who will replace the retiring Elliott McEntee as president and CEO of NACHA. Biometrics: The End of Authentication as We Know It? Banks have been slow to deploy biometrics for authentication, but a new biometric standard for financial services could boost adoption. New Javelin Study Finds Untapped Market for Mobile Banking Banks should look beyond their Internet banking customers for new mobile banking customers, Javelin says. BEST PRACTICES RealEC Connects Lenders to Mortgage Services Providers Commerce Bank manages mortgage services providers via RealEC's collaborative partner network. AFCU Slashes Software Testing Cycle With Compuware's TestPartner The automated-testing tool has helped Arizona Federal Credit Union cut its testing time for third-party software updates in half, while maximizing workforce effectiveness. PAYMENTS WATCH Debit Card Growth Slows, But Opportunities for Expansion Exist PULSE study reports lower growth rate in debit card usage this year but points out that opportunities for future debit growth still exist. CHANNEL WATCH IBM Unveils Virtual Teller Kiosk of the Future IBM's new interactive virtual teller may redefine self-service banking for less technically savvy consumers. RISK/COMPLIANCE WATCH Banks Are Not Ready for Red Flag Regulation Experts say many banks are putting the anti-fraud initiative on the back burner while waiting for more specific direction on how to comply. EXECUTIVE WATCH Silva Joins S1 Enterprise As vice president, product strategy, retail online, Jerry Silva joins the bank tech company "on the upswing." Sharon Tan Joins HSBC Singapore's Trade Division Tan assumes the newly created role of senior vice president of structured trade finance, trade and supply chain. |
