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Bank Systems & Technology September 16, 2009 Maria Bruno-Britz |
SIBOS NEWS: Citi Releases Next-Gen Online Banking Platform -- CitiDirect BE CitiDirect BE incorporates Web 2.0 technologies and SOA to provide clients with greater flexibility and visibility into their banking processes. |
Bank Systems & Technology September 15, 2009 Maria Bruno-Britz |
Sibos News: Bank of America Introduces New Payments Hub Global PAYplus uses technology from Fundtech to help BofA's clients have a more consistent, flexible online payments experience. |
Bank Technology News March 2011 John Adams |
A Hub for New Channels Automation Hero Fundtech has developed a payment services hub solution called Global PAYplus, which provides SOA-based native support for payments that operate across multiple regions, channels and interfaces. |
Bank Systems & Technology September 9, 2009 Maria Bruno-Britz |
BofA Revamps CashPro Portal Bank of America will introduce CashPro Online, a rebuilt version of its treasury portal that uses collaborative technology to enhance the user experience. |
Bank Technology News January 2010 John Adams |
Spending on Treasury, Data and Risk: The Sun Will Shine Brightly Big banks are chasing treasury management treasure around the world, and that means lots of dollars for IT to come up with new projects and platforms to make it easier for payers and billers to access automated corporate payments. |
Bank Systems & Technology June 21, 2009 Maria Bruno-Britz |
Treasury Services Are Proving to be a Beacon Amid the Dark Economy for Banks With the retail banking industry struggling to stay afloat, banks' treasury services businesses are increasingly proving their worth amid a turbulent economy. |
Bank Technology News December 2010 John Adams |
Business and Consumer Mobile: Not the Same It's important that banks build consumer and corporate mobile banking as two separate products, if not two distinct channels. |
Bank Systems & Technology April 25, 2008 Nancy Feig |
Enterprise Payments Architectures Are Gaining Ground at Banks The aim of an enterprise payments architecture is to leverage technologies and services across the payments business and throughout the entire organization. |
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. |
Bank Technology News December 2008 Jim Gahagan |
Centralizing Payments With SOA Recent standards and advancements in imaging, real-time data access and service-oriented architecture (SOA) technology have now made it possible to centralize payments without costly replacement of systems. |
Bank Technology News March 2009 John Adams |
A New Force Down Under National Australia Bank's plotting a global effort to offer payments products to other institutions. |
Bank Technology News November 2002 Robin Arnfield |
Citi Creates Web Banking Hub for Multinationals Citibank's e-business division is forming alliances with top-tier treasury workstation software providers in a bid to position itself as a "hub" bank for multinational corporations. |
Bank Systems & Technology May 26, 2008 Maria Bruno-Britz |
U.S. Banks Are Talking More About Core Conversions The core system. Without it, a bank would crumble. Given the state of most banks' core systems, however, it's a miracle that they are able to function at all, some experts say. |
BusinessWeek December 9, 2009 Keoun & Mildenberg |
TARP: Last Bank Out Is a Rotten Egg Citi, the only major bank left with "exceptional" federal aid, is racing to arrange payback terms. |
Bank Systems & Technology August 30, 2005 Maria Bruno-Britz |
Commercial Payments: From Many, One All the major players - banks, corporations, regulators and vendors - are attempting to standardize and simplify the commercial payments process. But, everyone seems to have a different idea as to the best way to do so. |
The Motley Fool January 15, 2009 Morgan Housel |
Bank of America Comes Back for Seconds After biting off more than it could chew with its acquisition of Merrill Lynch, Bank of America is heading back to the bailout line for a second helping. |
Bank Systems & Technology October 29, 2009 Maria Bruno-Britz |
Celent Predicts an Increase in Bank IT Spending in 2010 Wholesale banking, re-hiring IT staff and shifting markets for smaller banks will lead the way for increased spending by North American banks next year. |
Bank Systems & Technology September 24, 2010 Penny Crosman |
BofA Tests Online Banking, Online Payments for Corporate Clients Online global payment hub expected to go live with entire customer base in the first quarter of 2011. |
Bank Systems & Technology August 19, 2008 Maria Bruno-Britz |
Financial Supply Chain Management Continues to Evolve With the world economy in flux, banks and their clients want to find even more ways to squeeze efficiencies out of their systems. One area that is ripe for reevaluation is financial supply chain management |
Bank Systems & Technology May 1, 2008 Maria Bruno-Britz |
Citi Launches White-Label Settlement Service With the launch of its Domestic Settlement Service, or DSS, Citi is aiming to eliminate much of the risk in interbank foreign exchange trades. |
Bank Technology News January 2003 John Adams |
How the Universe of COSMOS Was Brought Under Control Citigroup's two-decade march of acquisitions has created a global banking network that is disjointed and fragmented, largely because of an antiquated system called COSMOS. An overhaul would modernize its banking empire and enable Citi to deal with rapidly changing needs. Enter Jeff Berg. |
Bank Systems & Technology September 30, 2006 Maria Bruno-Britz |
Speaking the Same Language Banks are faced with a dilemma around the extent to which they should remain in the payments business. |
U.S. Banker November 2008 Anthony Malakian |
BofA Makes Dash in the World Of Premium Cards Bank of America's acquisition of top-tier brokerage Merrill Lynch gives the Charlotte NC-based behemoth "a special edge" in the high-net-worth card industry segment where it once lagged. |
Bank Technology News March 2011 John Adams |
Self Service With An Edge When it comes to attracting wealth management clients, the new focus is entirely on control - specifically giving control to customers via electronic channels. |
InternetNews December 5, 2005 Clint Boulton |
SOA Vendors Make Moves SOA Software and Amberpoint duke it out in the burgeoning space for distributed computing management software. |
Bank Systems & Technology August 28, 2009 Maria Bruno-Britz |
Citi Launches Multicurrency Virtual Card With MasterCard Citi Virtual Card Accounts provides corporates with a secure means for making and controlling purchases. |
Bank Systems & Technology January 3, 2006 Phil Britt |
The New Age of Cash Management Business today moves faster than it used to, and progressive companies will not stand by idly while their banks use antiquated treasury services methods. Business customers now demand that their banks provide more functionality through their cash management systems. |
U.S. Banker June 2011 Anthony Malakian |
Citi's Mobile Reboot Bringing in a retail e-commerce guru is already paying dividends for Citi s mobile services. |
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. |
Bank Technology News November 2006 Glen Fest |
Corporate Payments: Easing, Expanding Use of E-Signatures A double digital signature pilot from Citigroup and IdenTrust may prove a turning point in the quest to ease corporate treasury headaches and expand the transaction banking business. |
InternetNews November 9, 2005 Clint Boulton |
Exposing Legacy Apps to Today's SOAs HP today began offering Application Modernization Services to help bring customers' legacy software closer to Web services and service-oriented architectures. |
Registered Rep. January 16, 2009 |
Citi's Global Wealth Mgt Unit: Retail Clients Flee; Merrill Drags Down Everybody knows that Citigroup announced yesterday it was putting itself out of its misery. The failing bank had a whopping $8.29 billion fourth-quarter loss, capping off a horrific year. |
Bank Systems & Technology November 11, 2007 Feig & Bruno-Britz |
Shaping the Future From management shakeups at some of the top financial institutions to fallout from the mortgage crisis, big changes are in store for the banking industry in 2008. |
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. |
Registered Rep. September 1, 2008 |
Vikram Pandit (CEO of Citigroup) A short conversation with the CEO of Citigroup. |
Registered Rep. April 20, 2009 John churchill |
Bank of America Q1 Earnings Beat Estimates; Top Financial Advisors Staying Put Bank of America joins Wells Fargo, Citi and Goldman Sachs on the list of banks reporting better than expected earnings in the first quarter. |
Bank Systems & Technology March 31, 2005 Peggy Bresnick Kendler |
SOA A service-oriented architecture can provide a bank with the robust, resilient IT architecture it needs to grow, achieve speed-to-market and optimize customer service. |
Insurance & Technology February 21, 2005 Peggy Bresnick Kendler |
SOA: Plug and Play The obstacles and benefits for insurance companies interested in service-oriented architecture. |
Bank Systems & Technology June 3, 2009 Maria Bruno-Britz |
Mobile Banking Is Now a Must-Have for Banks According to a panel of bankers at Celent Innovation and Insight Day, mobile banking has moved beyond the hype to the next step in banking's evolution. |
InternetNews April 11, 2006 Clint Boulton |
HP Plans SOAs For Specific Markets HP today said it has designed SOA frameworks geared toward financial services, network service provider, manufacturing and distribution and public sector markets. |
Bank Systems & Technology February 1, 2007 Bart Narter |
The Role of SOA in 2007: Channel Forecast Service-oriented architecture is helping banks achieve a single view of the customer. |
BusinessWeek January 29, 2009 |
On the Dole Bank of America, which agreed to buy Merrill Lynch in September, has been a prime beneficiary of the bailout. |
Bank Systems & Technology June 24, 2008 Nancy Feig |
Pursuing the Promise of SOA Service-oriented architecture promises to improve a bank's IT efficiency -- and, subsequently, business agility -- in many ways. |
U.S. Banker April 2010 John Hintze |
A Wealth of Progress Bank of America aims to turbocharge cross-selling between its banking and wealth management units and move a step closer to building a true one-stop shop. |
Registered Rep. January 9, 2009 |
Citi: What Sandy Built, Pandit Will Dismantle? The Wall Street Journal is reporting that Citigroup has put Smith Barney up for sale -- or a joint venture. |
Insurance & Technology May 3, 2006 Deena M. Amato-McCoy |
Service-Oriented Change Heterogeneous systems are at the core of many insurance carriers' IT infrastructures. Yet, companies still struggle with how to seamlessly integrate these often disparate systems across their enterprise. Now, a rapidly evolving architectural strategy is quickly changing the landscape. |
Bank Technology News September 2008 Glen Fest |
Banks offer unified corporate portals From spend management tools to SWIFT network integration, money-center banks are quickly evolving into the one-stop corporate payments shop that their treasury clients have long demanded. |
Bank Technology News May 2011 John Adams |
A Strong Cell Banks are ready to offer expanded mobile services, and customers are getting comfortable with the channel. |
Bank Systems & Technology November 3, 2009 Maria Bruno-Britz |
In Channel Projects, Banks Look for Simpler Solutions The new economic conditions are dictating smarter use of resources among banks as they enhance their channels. |
Bank Technology News June 2004 John Adams |
The General of BofA's Army Ken Lewis was named president, chairman and CEO of BofA in 2001 following the turf war that accompanied the NationsBank-BofA deal. |