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Bank Technology News
January 2006
Better Info Security Driven By Regulatory Compliance If information security is to become a strategic priority, then banks can start by reviewing existing practices -- their own and that of those companies with which they do business. mark for My Articles similar articles
Bank Systems & Technology
August 3, 2005
Peggy Bresnick Kendler
Core Systems To Improve To improve customer service, product development, regulatory compliance and fraud prevention, banks must transform their core systems to enable more agile business processes. mark for My Articles similar articles
Bank Systems & Technology
January 6, 2009
Eric Bozich
2009 Bank Tech Forecast: Invest in the Network to Drive Growth Considering the unprecedented challenges that hit the financial industry this year, it's more important than ever for firms to set the right 2009 IT priorities that can positively impact business goals and results. mark for My Articles similar articles
Bank Systems & Technology
February 21, 2008
Jim Eckenrode
Exclusive TowerGroup Research Report: Bank Tech Spending in 2008 In light of the current market turmoil, North American banks appear to be approaching technology planning and budgeting for 2008 with caution. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Anthony O'Donnell
Educated Opinions: 2007 Bank Technology Forecast Industry experts give their forecasts for bank technology in 2007. mark for My Articles similar articles
Wall Street & Technology
March 18, 2008
Cory Levine
Lack of Standardization in Data, Reporting to Hinder Basel II Compliance Lack of standardization in the reporting process will be a major hurdle for financial institutions in complying with Basel II requirements. mark for My Articles similar articles
Bank Technology News
May 2007
The Six Regulatory Areas That Are Altering Bank Life Regulation is a part of bank life. Failure to comply shouldn't be. mark for My Articles similar articles
Bank Technology News
April 2009
Rebecca Sausner
Compliance, IAM Top Security Plans Security regulatory compliance and identity and access management were the top two security initiatives in financial services in 2008, just as they were the year before. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Mark Sievewright
Enabling Efficient Business Growth Three strategic themes will dominate the banking industry's 2007 IT agenda with the goal of enabling efficient business growth: leverage, integration and customer focus. mark for My Articles similar articles
Wall Street & Technology
February 14, 2006
Little Confidence In Online Banking The United Kingdom's Financial Services Authority (FSA) has characterized consumer confidence in online banking as "fragile." To combat the trend, the regulatory body is encouraging banks to devote greater effort to fighting online banking fraud. mark for My Articles similar articles
Bank Technology News
August 2006
Glen Fest
Multi-Factor Authentication: Two-Factor Timing Twists Up Bankers The FFIEC's guidelines for adopting multi-factor authentication includes a hard deadline with apparently soft parameters. But will haste end up producing waste? mark for My Articles similar articles
Bank Systems & Technology
April 28, 2008
Paul L. Lee
Integrating Systems Essential to AML and SAR Compliance To follow regulators' requirements, banks must leverage and coordinate compliance, risk management and IT department efforts. mark for My Articles similar articles
Bank Systems & Technology
March 27, 2008
Mike McDonough
Centralized and Single-Platform Operations Reduce Overall Trade Finance Risk Banks with centralized operations and banks with all of their operations on a single platform will have a distinct advantage because there is lower operational risk generally associated with these structures. mark for My Articles similar articles
Bank Systems & Technology
April 28, 2008
Robert Binney
Shrewd Leveraging of Technology and Staff Key to Achieving Cost-Effective AML Compliance It is critically important for banks to use effective technology, streamline their investigations processes, automate workflows and enhance staff training. mark for My Articles similar articles
Bank Systems & Technology
January 5, 2009
Jonathan Gossels
Banks Must be Mindful of Security When Cutting Costs Forget security initiatives - for most bank IT organizations, the focus is survival. mark for My Articles similar articles
Bank Technology News
May 1, 2008
Michael Grebb
The War to Keep Compliance Talent Financial institutions wade through an ever-deepening regulatory swamp, and therefore an escalating war for compliance talent. mark for My Articles similar articles
Bank Systems & Technology
May 5, 2007
Maria Bruno-Britz
Fraud Techniques Evolve in Parallel with Bank Products and Defenses As fraudsters' techniques evolve alongside the products and services offered by financial institutions, new steps must be introduced to stop them. mark for My Articles similar articles
Bank Technology News
December 2007
Scoring Banks' Compliance With FFIEC Guidelines Compliance with FFIEC guidelines brought out the worst in many bankers. So how did banks do in terms of compliance? mark for My Articles similar articles
Bank Technology News
August 2007
Janey Place
Mobile Banking Needs A Leader The mobile channel can invigorate products, appeal to a new demographic, lower costs and improve customer service. But, it is another in a long list of channels that banks must build and support. mark for My Articles similar articles
Bank Systems & Technology
December 19, 2007
Nancy Feig
Major Canadian Banks Become Basel II Compliant IT vendors that helped major Canadian banks achieve Basal II compliance are passing on their knowledge to smaller Canadian and US banks. mark for My Articles similar articles
Bank Systems & Technology
February 22, 2007
Maria Bruno-Britz
Spillenkothen Joins Deloitte's Banking Regulatory Practice The former Fed regulator hopes to help banks gain an enterprise-wide view of compliance in his new role. mark for My Articles similar articles
Insurance & Technology
November 12, 2007
Mark La Penta
Metlife Bank CTO Mark La Penta Talks About Holistic Risk Management Given the recent disruption in mortgage markets and continued vigilance in channel access, the integration of technologies and process around overall risk management will be a key priority in 2008. mark for My Articles similar articles
Bank Systems & Technology
September 28, 2007
Maria Bruno-Britz
Transaction Processing Not Enough to Succeed In Commercial Banking Banks will need to move away from the transaction processing model to become the advisers of choice for their corporates. mark for My Articles similar articles
Bank Systems & Technology
February 29, 2008
Peggy Bresnick Kendler
Health Savings Accounts Present Huge Opportunity to Banks Several bankers discuss the benefits to banks of providing health savings accounts to customers. mark for My Articles similar articles
Bank Technology News
May 1, 2008
Michael Sisk
Governance, Risk and Compliance Budgets March Higher A recent survey finds that governance, risk management and compliance budgets at financial institutions will rise an average of 10.3 percent this year. mark for My Articles similar articles
Bank Systems & Technology
August 30, 2005
Phil Britt
Comprehensive Controls The better control a bank has on its risk exposure, the better its opportunity for profitability. Still, many financial institutions continue to struggle to establish enterprisewide risk management controls that provide a true picture of risk across the organization. mark for My Articles similar articles
Bank Systems & Technology
May 24, 2007
Maria Bruno-Britz
Banks Using Security to Increase Customer Trust and Their Bottom Lines Banks realize that information security can increase client loyalty and lower costs. mark for My Articles similar articles
Bank Systems & Technology
October 1, 2007
Peggy Bresnick Kendler
Banks Are the First Line of Defense Against Money Laundering Databases and modeling tools are among the systems helping banks analyze the data required to understand customers, monitor millions of transactions and identify suspicious behavior. mark for My Articles similar articles
Bank Technology News
June 2007
Glen Fest
The New BITS President Discusses Group's Agenda With a new risk industry veteran at the helm, the bank industry technology group shows signs of a stronger focus on security issues, while continuing established programs. mark for My Articles similar articles
Bank Systems & Technology
February 22, 2007
Nancy Feig
A Happy Marriage: Finding the Right Technology Mate for Compliance Programs Banks are turning to GRC software platforms to maximize compliance technology's effectiveness and gain greater return on investment. mark for My Articles similar articles
Insurance & Technology
February 8, 2004
Anthony O'Donnell
2004 Business Technology Forecast What are the critical trends and issues that will confront insurance technology executives and their organizations in the coming year? mark for My Articles similar articles
Bank Systems & Technology
January 6, 2009
Katherine Burger
Bank Technology Outlook 2009: Risky Business Topics and trends that will set the tone for banking technology decision makers in 2009, with risk management and regulation compliance looming large. mark for My Articles similar articles
Bank Technology News
April 2006
Michael Sisk
Compliance: The New Rule Book Is Still Like A Maze There are so many new regulations that banks are having difficulty organizing their corporate structure to ensure these new rules are being adequately followed. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Nancy Feig
Financial Institutions Must Treat Payments Processing as a Business Line to Gain Competitive Differentiation As competition in the payments space continues to heat up, more and more banks will take an enterprise-wide view of the payments business and corresponding technology. mark for My Articles similar articles
Wall Street & Technology
June 13, 2007
Melanie Rodier
Are Banks Meeting the Cash Management Needs of Middle Market Businesses? Data shows midmarket companies want their banks to provide cash concentration, positive pay and foreign exchange capabilities online. But currently only the biggest banks tend to offer these services. mark for My Articles similar articles
U.S. Banker
May 2007
Lee Conrad
Community Banks Struggle To Know 'Indirect' Clients Indirect channels to customers, particularly check-cashing services, reduce a bank's control of the customer and exposes it to potential money laundering. New products are stepping in to help. mark for My Articles similar articles
Bank Technology News
October 2008
Kyle Duckers
Strategic GRC Yields Clear Payback Can a financial institution's governance, risk and compliance effort be a strategic tool, or is it simply a cost of doing business? Can best practices actually improve shareholder value? These are important questions that some financial services executives continue to ponder. mark for My Articles similar articles
Bank Systems & Technology
March 29, 2006
Maria Bruno-Britz
Sticking With the Tried and True The days when large U.S. banks could sustain their old core systems on the IT version of life support are numbered, according to TowerGroup. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Art Gillis
2007: In Your Dreams This author has been telling it like it is in the banking technology industry for 36 years. Here, he offers his unique outlook for 2007. mark for My Articles similar articles
Bank Systems & Technology
November 24, 2007
Bruno-Britz et al.
Financial Institutions to Increase Spending Modestly On IT In 2008 Amidst the doom and gloom of the credit crunch, a down housing market and talk of an impending recession, financial institutions still see the need for investing in technology to stay competitive and compliant. mark for My Articles similar articles
Bank Systems & Technology
January 8, 2009
Jeanne Capachin
Institutions With Capital May Find Vendors in the Mood to Deal For institutions that remain well-capitalized, the best advice is to move full steam ahead. If the need is real and solutions are available, this will be the best time to move ahead with a strategic investment. mark for My Articles similar articles
Bank Systems & Technology
November 11, 2007
Peggy Bresnick Kendler
Online Account Opening Provides Myriad Benefits to Retail Banks From processing efficiencies to high customer satisfaction and competitive differentiation, online account opening can help banks improve customer acquisition and profitability. But it needs to be done right. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Jim Eckenrode
2007 Bank Technology Forecast: Challenges and Opportunities Some of the more critical and far-reaching priorities bank technology and business leaders will need to address in 2007: fraud detection, security, analytics, and SOA technology. mark for My Articles similar articles
Bank Systems & Technology
January 1, 2007
Maria Bruno-Britz
Study: Banks Need New Ways to Gauge Customer Payment Preferences A recent study shows behavior models can help financial institutions understand clients better and can improve their competitive position in the payments business.. mark for My Articles similar articles
Bank Systems & Technology
November 1, 2006
Katherine Burger
Debate Down Under The most-significant challenges facing the banking industry are the following: Consolidation of payments infrastructures; how banks [can] create new payments products; margin compression; and the threat of new entrants, which is driving innovation. mark for My Articles similar articles
U.S. Banker
October 2007
Lee Conrad
Privacy Push: Banks Chafe Against Move To Block Use of SS Numbers Two major federal efforts to curb the widespread use of Social Security numbers are putting banks-the largest private-sector users of those nine sensitive numbers-on defense. mark for My Articles similar articles
Bank Systems & Technology
June 14, 2010
Matt Gunn
FIS to Acquire Compliance Coach Banking and payment technology provider FIS announced Monday it will acquire Compliance Coach, Inc., a company that provides risk assessment software, e-learning and additional tools to enable compliance with applicable laws and regulations. mark for My Articles similar articles
Wall Street & Technology
November 27, 2007
Crosman et al.
2008 IT Budgets Up More Than 10% for Financial Services Firms Results of a comprehensive survey of top executives at Wall Street firms, banks and insurance companies found their IT budgets for next year are more than 10% higher than 2007. mark for My Articles similar articles
Bank Systems & Technology
June 1, 2004
Lisa Smith
Regaining a Positive Attitude Bankers are feeling better about the economy and their business prospects - and that's translating into renewed IT activity and spending. mark for My Articles similar articles
Bank Systems & Technology
February 29, 2008
Deena Amato McCoy
U.K.'s FSA Considering Tougher Bank Regulation U.K. regulators are weighing changes that could require banks to deploy reporting technologies that will keep regulators abreast of problems in a more timely manner. mark for My Articles similar articles