Our favorite banking technology-related blog posts from around the Web (February 21-27, 2010):Target's 5% Discount for Consumers That Use Their Payment Card: Watch This One Closely!
"Target's provision of a 5% discount for consumers that use their payment card is a significant development that must be watched closely by banking card issuers, payments executives and merchants alike," writes James Van Dyke of Javelin Strategy & Research. ---
Celent's Bart Narter shares a few details from two recently published case studies of core banking implementations at Philippine National Bank and State Bank of India. "If you are interested in lowering IT and operational costs, core systems can enable you to make the scale of change required in today's banking environment," Narter comments. ---
ICBA president and CEO Camden R. Fine writes that large Wall Street firms have set the financial policy tone in the nation's capitol for too long. "Decades of letting Wall Street set the policy tone in Washington, D.C. are over because ICBA, our state community banking associations and community banks nationwide will never again allow themselves to be treated as second class citizens in the financial world," Fine declares.