all banktech articles and blogs http://pipes.yahoo.com/pipes/pipe.info?_id=708a990e0694586c1f594b5f9b8f13ce Thu, 18 Mar 2010 03:04:34 -0700 http://pipes.yahoo.com/pipes/ http://banktech.com/showArticle.jhtml?articleID=223900226&cid=feed Working with 180,000 merchants to secure card payments from merchant terminals to payment processor. Wed, 17 Mar 2010 09:15:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223900208&cid=feed Software helps decrease customer wait times, bank says. Wed, 17 Mar 2010 08:15:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223900188&cid=feed An Italian judge has ordered four foreign banks to stand trial for aggravated fraud stemming from a 2005 derivatives swap for a $2.32 billion bond issued by Milan, legal sources said. Wed, 17 Mar 2010 06:06:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223900187&cid=feed U.S. thrifts did not engage in regulatory arbitrage, nor were they a cause of the financial crisis, the top U.S. thrift regulator said on Wednesday. Wed, 17 Mar 2010 06:05:06 -0700 http://banktech.com/showArticle.jhtml?articleID=223800257&cid=feed WebEquity analytics let bank executives conduct stress-testing on their loans before and after loan approval. Wed, 17 Mar 2010 05:00:00 -0700 http://www.banktech.com/blog/archives/2010/03/bank_tech_vendo_1.html?cid=RSS_bt_blog A first-time event occurred in the bank tech space during 2009. Whereas in previous years the list of popular solutions sold by major vendors included ten solutions, in 2009 the list shot up to 34. These 34 are a unique mix of applications. I'd like to have a chat with the pundits who have been using the word "commodities" to describe the offerings of core/ancillary system vendors. http://www.banktech.com/blog/archives/2010/03/bank_tech_vendo_1.html Tue, 16 Mar 2010 09:16:59 -0700 Core Systems http://banktech.com/showArticle.jhtml?articleID=223900072&cid=feed Believes pay-as-you-go formula will be a good fit for regional community banks and credit unions unwilling to make a large investment in letting customers scan their own checks for deposit. Tue, 16 Mar 2010 08:08:00 -0700 http://www.banktech.com/blog/archives/2010/03/dodd_tells_pbs.html?cid=RSS_bt_blog Senator Christopher Dodd, chair of the Senate Banking Committee, discussed his new unveiled financial reform bill with Judy Woodruff on PBS Newshour last night. Dodd's version of the bill would give the Federal Reserve the power to regulate any firm with more than $50 billion in assets and would embed a new consumer protection agency within the Fed. http://www.banktech.com/blog/archives/2010/03/dodd_tells_pbs.html Tue, 16 Mar 2010 07:28:34 -0700 Regulation/Compliance http://banktech.com/showArticle.jhtml?articleID=223900055&cid=feed The U.S. Federal Reserve would retain some but not all of its oversight powers in the changed financial landscape envisioned by Senate Banking Committee Chairman Christopher Dodd in a plan unveiled Monday. Mon, 15 Mar 2010 16:37:25 -0700 http://banktech.com/showArticle.jhtml?articleID=223900056&cid=feed New York City will renovate 21 public housing projects, home to thousands of people, through two deals that allow it to for the first time tap federal funds for them, the city and state said Monday. Mon, 15 Mar 2010 15:52:07 -0700 http://www.banktech.com/blog/archives/2010/03/bank_of_montrea.html?cid=RSS_bt_blog Out of the ashes of the old Diner's Club card — the first widely-used credit card, which was introduced in February 1950 and most recently owned by Citi — is emerging, phoenix-like, a corporate card business at Bank of Montreal that is currently the fifth largest in the world. Terry Wellesley, executive managing director and group head of BMO spend and payment solutions, stopped by this afternoon at the start of an eight-week North American tour, to tell us a bit about his group's climb from #12 to #5, and of course, its ambitions to be #1. http://www.banktech.com/blog/archives/2010/03/bank_of_montrea.html Mon, 15 Mar 2010 15:26:45 -0700 Payments & Cards http://banktech.com/showArticle.jhtml?articleID=223800191&cid=feed Solar ATMs said to consume 100 watts of power and to require no air conditioning. Mon, 15 Mar 2010 07:27:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223800184&cid=feed Card company to offer consumers tools for comparison shopping, payments, tracking purchases and applying discounts. Mon, 15 Mar 2010 07:01:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223800155&cid=feed Taking the Rapport software some banks ask their customers to download to prevent malware to the next level, where Trusteer reverse-engineers any attacks identified. Mon, 15 Mar 2010 05:02:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223800120&cid=feed In the U.S., the bank is using an appliance and software from Proofpoint designed to catch emails that contain inappropriate words and phrases and personally identifiable information. Mon, 15 Mar 2010 05:00:00 -0700 http://banktech.com/showArticle.jhtml?articleID=223800182&cid=feed The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the U.S Senate's architect of financial reform. Sun, 14 Mar 2010 21:32:52 -0700 http://banktech.com/showArticle.jhtml?articleID=223800180&cid=feed Bank of America completed 20,666 mortgage modifications in February under a U.S. government-backed program, up 61 percent from January, the bank said on Friday. Fri, 12 Mar 2010 14:11:17 -0800 http://banktech.com/showArticle.jhtml?articleID=223800088&cid=feed Using RingCube's virtual desktop, which copies apps, data and permissions to a USB drive. Fri, 12 Mar 2010 08:14:00 -0800 http://www.banktech.com/blog/archives/2010/03/new_technologie_1.html?cid=RSS_bt_blog By Mary Knich, Vice President, ATM Products, First Data ATMs remain the number-one customer touch-point for financial institutions. http://www.banktech.com/blog/archives/2010/03/new_technologie_1.html Fri, 12 Mar 2010 06:14:31 -0800 Channels http://banktech.com/showArticle.jhtml?articleID=223800069&cid=feed U.S. President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday. Thu, 11 Mar 2010 22:40:45 -0800 http://banktech.com/showArticle.jhtml?articleID=223800070&cid=feed The banking industry will tell Senate tax writers Friday they oppose a plan by President Barack Obama to tax big banks to recoup about $100 billion in bailout costs from Citigroup, Bank of America and other institutions. Thu, 11 Mar 2010 11:13:06 -0800 http://banktech.com/showArticle.jhtml?articleID=223800071&cid=feed Christopher Dodd, the chief negotiator in the U.S. Senate for financial reform, said Thursday that he has abandoned the effort to unveil a bipartisan bill because time was running out ahead of the November elections. Thu, 11 Mar 2010 10:53:22 -0800 http://banktech.com/showArticle.jhtml?articleID=223500073&cid=feed Former HSBC computer specialist allegedly tried to sell Swiss private banking account data in Lebanon. Thu, 11 Mar 2010 07:21:00 -0800 http://www.banktech.com/blog/archives/2010/03/disaster_recove.html?cid=RSS_bt_blog Over the past 15 years, we all recognize that the role of the internet has expanded dramatically for a wide range of industries including financial services. Internet standards have become widely accepted and the prior generation’s mix of proprietary network infrastructure solutions has been, or soon will be, replaced by web-compatible technologies. Physical terrorism and/or tragedy, such as the 9/11 attack on the World Trade Center or Hurricane Katrina, significantly disrupted trading and banking activities. After the fact, some financial institutions had to make major revisions to their disaster recovery and continuity plans. Most NYC based financial institutions implemented their revised plans within a year. http://www.banktech.com/blog/archives/2010/03/disaster_recove.html Thu, 11 Mar 2010 06:36:32 -0800 Risk Management/Security http://banktech.com/showArticle.jhtml?articleID=223500072&cid=feed White House economic adviser Paul Volcker told Reuters Wednesday he was encouraged by support in the Senate for the 'Volcker rule' proposed in January to limit proprietary trading by banks. Wed, 10 Mar 2010 14:02:23 -0800 http://banktech.com/showArticle.jhtml?articleID=223300169&cid=feed First Tennessee Bank redesigned its customer-facing Web site to provide online customers with the same level of service that it delivers in person. Wed, 10 Mar 2010 13:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223400049&cid=feed Good news for customers who inadvertently overdrew and were charged $39 a day. Wed, 10 Mar 2010 07:50:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223400026&cid=feed Ponemon Institute/Guardian Analytics study finds 40 percent of small and medium businesses change banks after a fraud incident. Wed, 10 Mar 2010 06:53:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223400020&cid=feed Starting in March, all new or re-issued Barclays business debit cards will contain contactless chips. Wed, 10 Mar 2010 06:30:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223400044&cid=feed Two U.S. Senate Democrats said they will propose Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by the White House. Tue, 09 Mar 2010 15:26:12 -0800 http://banktech.com/showArticle.jhtml?articleID=223300137&cid=feed Bank plans to use OpenPages platform to build program to measure and manage operational risk and calculate capital requirements. Tue, 09 Mar 2010 11:49:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223400045&cid=feed British bank Barclays is looking to buy a retail bank in the United States to extend its presence after buying Lehman Brothers North American operations in 2008, the Wall Street Journal reported Tuesday, citing people close to the matter. Tue, 09 Mar 2010 11:04:16 -0800 http://banktech.com/showArticle.jhtml?articleID=223300090&cid=feed Hosted, pay-per-transaction solution can connect to users on mobile operators or web sites for large-scale implementation of mobile financial services and is said to adjust to extremes of network traffic. Tue, 09 Mar 2010 08:57:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223300061&cid=feed Most IT budgets to be flat this year. Tue, 09 Mar 2010 07:43:00 -0800 http://www.banktech.com/blog/archives/2010/03/the_economic_re.html?cid=RSS_bt_blog First, let me come clean with this admission. I am not a Gartner or Forrester visionary who puts a "Good Housekeeping" label on all he surveys. I'm the guy in the trenches and the quintessential errand boy who is always out there, whether it be on assignment or running errands for Mrs. Gillis. The fun part is that Mrs. Gillis also drags me out on mini vacations to take a little break and enjoy the "world." http://www.banktech.com/blog/archives/2010/03/the_economic_re.html Tue, 09 Mar 2010 07:30:42 -0800 Financial Crisis http://banktech.com/showArticle.jhtml?articleID=223300051&cid=feed Analytics-based service designed to help lenders improve their risk management practices. Tue, 09 Mar 2010 07:21:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223300040&cid=feed France formally launched on Tuesday a new regulatory body to supervise its financial sector, as governments around the world look to strengthen their regulatory systems to prevent a repeat of the credit crisis. Tue, 09 Mar 2010 05:05:58 -0800 http://banktech.com/showArticle.jhtml?articleID=223300041&cid=feed U.S. senators leaning toward preserving the Federal Reserve's role as a bank supervisor and consumer protection regulator came under criticism Monday from academics and consumer activists. Mon, 08 Mar 2010 14:07:09 -0800 http://banktech.com/showArticle.jhtml?articleID=223200110&cid=feed Plans to use 5280 Solutions' HELMS System. Mon, 08 Mar 2010 08:48:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223200104&cid=feed Due to ongoing economic uncertainty, new rules around liquidity for British banks are being put on hold until late this year. Mon, 08 Mar 2010 08:25:00 -0800 http://www.banktech.com/blog/archives/2010/03/fdics_plan_to_s.html?cid=RSS_bt_blog To those who believe much of the recent credit crisis was caused by the securitization and sale of subprime debt to investors, paired with credit default swaps based on those obligations, the FDIC's plan to auction more than $1 billion in assets seized from failed banks next month is puzzling. http://www.banktech.com/blog/archives/2010/03/fdics_plan_to_s.html Mon, 08 Mar 2010 07:52:16 -0800 Regulation/Compliance http://banktech.com/showArticle.jhtml?articleID=223200081&cid=feed A low interest rate policy is "clearly appropriate" due to the still struggling economy, a top U.S. bank regulator said Monday, while also expressing frustration that banks are not doing enough to get credit flowing. Mon, 08 Mar 2010 06:53:56 -0800 http://banktech.com/showArticle.jhtml?articleID=223101677&cid=feed A Ponemon Institute study finds that while most financial services firms take some steps toward data security, many come up short in critical areas. Fri, 05 Mar 2010 08:16:00 -0800 http://www.banktech.com/blog/archives/2010/03/honor_roll_this_22.html?cid=RSS_bt_blog Our favorite banking technology-related blog posts from around the Web (February 28-March 6, 2010): http://www.banktech.com/blog/archives/2010/03/honor_roll_this_22.html Fri, 05 Mar 2010 07:53:45 -0800 Privacy/Security http://banktech.com/showArticle.jhtml?articleID=223101680&cid=feed Senator Christopher Dodd, chief negotiator for the Democrats in talks on a bipartisan financial reform bill in the Senate, Friday said lawmakers are "not there yet" on reaching an agreement but said he hopes one will be reached within days. Fri, 05 Mar 2010 06:57:10 -0800 http://banktech.com/showArticle.jhtml?articleID=223101603&cid=feed What technologies must banks embrace to manage risk, streamline operations and achieve regulatory compliance in their lending operations? Thu, 04 Mar 2010 13:30:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101508&cid=feed Lending institutions need every bit of information on every loan. Thu, 04 Mar 2010 13:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101512&cid=feed Bank of Commerce/Mortgage (BOCM) adopts a paperless workflow platform to streamline lending operations. Thu, 04 Mar 2010 12:59:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101509&cid=feed All participants at every step in the mortgage supply chain will now be held accountable for their data, documents and lending decisions. Thu, 04 Mar 2010 12:58:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700540&cid=feed Banks need more automation, visibility and control over their lending to reduce risk and ride the waves of compliance. Thu, 04 Mar 2010 12:57:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101513&cid=feed Adds device identification credential from VeriSign, that, in combination with a user-provided pin, will provide quicker and more secure login for nearly 1.3 million mobile platform users. Thu, 04 Mar 2010 07:36:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101496&cid=feed Citigroup Inc Chief Executive Vikram Pandit said he supports an "enhanced" federal consumer protection authority because problems for consumers can affect the entire financial system. Thu, 04 Mar 2010 06:06:35 -0800 http://banktech.com/showArticle.jhtml?articleID=223101266&cid=feed The Gulf Coast bank is replacing 50% of all technology, converting to Jack Henry core banking; IBM servers, middleware and reports; and Oracle/PeopleSoft financials. Thu, 04 Mar 2010 05:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101498&cid=feed The Obama administration reasserted its commitment to banning proprietary trading by banks with draft legislative language Wednesday, despite signs that the U.S. Congress is unlikely to adopt such a rule. Wed, 03 Mar 2010 16:57:47 -0800 http://banktech.com/showArticle.jhtml?articleID=223101500&cid=feed The Federal Reserve Wednesday proposed another new rule to strengthen consumer protections against abusive practices by credit card issuers, including limiting penalty fees and requiring them to reconsider past interest rate hikes. Wed, 03 Mar 2010 13:01:12 -0800 http://www.banktech.com/blog/archives/2010/03/prepaid_show_di_2.html?cid=RSS_bt_blog By Steve Kietz, Managing Partner, Woodbury Advisors At the Prepaid Show last week, I got a chance to meet with three promising new prepaid card companies: PreCash, Edo Interactive and Blackhawk Network. Each brings something unique to the prepaid table. http://www.banktech.com/blog/archives/2010/03/prepaid_show_di_2.html Wed, 03 Mar 2010 09:24:09 -0800 Payments & Cards http://banktech.com/showArticle.jhtml?articleID=223101361&cid=feed Susan Faulkner to lead combined new deposits and global card product organization. Wed, 03 Mar 2010 08:36:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223101353&cid=feed A group of the largest financial trade organizations Wednesday told lawmakers the Federal Reserve should retain its supervisory powers. Wed, 03 Mar 2010 07:37:51 -0800 http://banktech.com/showArticle.jhtml?articleID=223101354&cid=feed U.S mortgage rates retreated below 5 percent last week, propping up demand for home loans after purchase applications sank to a nearly 13-year low in the prior week, the Mortgage Bankers Association said Wednesday. Wed, 03 Mar 2010 06:11:23 -0800 http://banktech.com/showArticle.jhtml?articleID=223101355&cid=feed An outspoken U.S. bank regulator Tuesday rebuked Wall Street for only paring huge bonuses after public outcry and expressed doubt over how long the restraint will last. Tue, 02 Mar 2010 15:21:32 -0800 http://banktech.com/showArticle.jhtml?articleID=223101356&cid=feed Representative Barney Frank, chief architect of financial reform in the U.S. Congress, told Reuters Tuesday he "thought it was a joke" when he learned key senators were discussing putting a new financial consumer watchdog inside the Federal Reserve. Tue, 02 Mar 2010 13:10:31 -0800 http://www.banktech.com/blog/archives/2010/03/prepaid_show_di_1.html?cid=RSS_bt_blog By Steve Kietz, managing partner, Woodbury Advisors LLC At the Prepaid Show last week, I had a chance to catch up with Brian Triplett, head of Prepaid products at Visa, and Elisa Corridore, global payroll card executive at Mastercard. http://www.banktech.com/blog/archives/2010/03/prepaid_show_di_1.html Tue, 02 Mar 2010 08:39:29 -0800 Payments & Cards http://banktech.com/showArticle.jhtml?articleID=223101176&cid=feed P2P payment provider CashEdge says Bank of the West and credit unions BECU and Patelco will launch the service in coming weeks. Tue, 02 Mar 2010 07:49:00 -0800 http://www.banktech.com/blog/archives/2010/03/top_8_provision.html?cid=RSS_bt_blog As Christopher Dodd, chairman of the Senate Committee on Banking, Housing and Urban Affairs, tries to get his colleagues to pass his financial reform bill as soon as he can (possibly this week), we bring you the major provisions of the 1,139-page legislation. http://www.banktech.com/blog/archives/2010/03/top_8_provision.html Tue, 02 Mar 2010 06:46:09 -0800 Regulation/Compliance http://banktech.com/showArticle.jhtml?articleID=223101163&cid=feed Federal Reserve Vice Chairman Donald Kohn, a 40-year veteran of the U.S. central bank, will step down in late June, giving President Barack Obama more scope to reshape the institution. Mon, 01 Mar 2010 15:30:10 -0800 http://www.banktech.com/blog/archives/2010/03/a_potentially_s.html?cid=RSS_bt_blog After 321 client assignments, dozens of seminars, and lots of private feedback from 241 blogs, I have obtained a very good feel for what is on the minds of bank CEOs every day at 8:00 AM. I never asked them the question because I was too timid. And I didn't commission a survey just to receive politically correct answers. The telling was entirely their idea, and I happen to be a very good listener. http://www.banktech.com/blog/archives/2010/03/a_potentially_s.html Mon, 01 Mar 2010 13:53:22 -0800 Core Systems http://banktech.com/showArticle.jhtml?articleID=223101161&cid=feed An Obama administration program aimed at helping homeowners whose homes have declined in value get new loans (called HARP) has been extended another year, a key housing regulator said Monday. Mon, 01 Mar 2010 12:53:57 -0800 http://www.banktech.com/blog/archives/2010/03/prepaid_show_di.html?cid=RSS_bt_blog By Steve Kietz, managing partner, Woodbury Advisors LLC http://www.banktech.com/blog/archives/2010/03/prepaid_show_di.html Mon, 01 Mar 2010 08:03:16 -0800 Payments & Cards http://banktech.com/showArticle.jhtml?articleID=223100947&cid=feed Software automatically reads the payee name and checks it against a positive pay list. Mon, 01 Mar 2010 07:40:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100940&cid=feed Alliance seeks to turn mobile phones into Visa mobile payment devices. Mon, 01 Mar 2010 07:13:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100935&cid=feed Marathon weekend negotiations in the U.S Senate on financial reform failed to result in a bipartisan breakthrough, with disagreement over how much power to give a consumer watchdog office still a key hurdle. Sun, 28 Feb 2010 15:18:11 -0800 http://www.banktech.com/blog/archives/2010/02/chase_and_wells.html?cid=RSS_bt_blog How are card-issuing banks coping in the aftermath of phase two of the Credit Card Accountability, Responsibility and Disclosure Act, which took effect last Monday (limiting fees and interest rate charges and requiring specific disclosures in cardholder statements)? According to Ted Landis, senior executive, financial industry programs for payments and strategic cost reduction at Accenture, forward-thinking issuers such as Chase, Wells Fargo and American Express are making the best of it by coming up with new card profitability models and extending alternative payments to the young and undercarded population. http://www.banktech.com/blog/archives/2010/02/chase_and_wells.html Fri, 26 Feb 2010 15:43:41 -0800 Payments & Cards http://www.banktech.com/blog/archives/2010/02/exprez_clinton.html?cid=RSS_bt_blog By Steve Kietz http://www.banktech.com/blog/archives/2010/02/exprez_clinton.html Fri, 26 Feb 2010 07:16:52 -0800 Payments & Cards http://banktech.com/showArticle.jhtml?articleID=223100829&cid=feed Bank to shift major IT infrastructure and services from Satyam to Wipro. Fri, 26 Feb 2010 06:47:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100785&cid=feed New research show 13 percent of New York City households lack bank or credit union accounts. Thu, 25 Feb 2010 20:24:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100721&cid=feed Cleveland bank has already saved $2.5 million in reduced printing costs through the use of print tracking and reporting software. Thu, 25 Feb 2010 08:58:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100710&cid=feed Bank is using IBM's Zone Trusted Information Channel, a USB-connected smart card reader designed to thwart trojan attacks. Thu, 25 Feb 2010 07:54:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100226&cid=feed New data management and risk analytics tools are giving banks such as ING, HSBC and Union Bank insight into enterprisewide risk exposures and a head start on Basel II rules. Thu, 25 Feb 2010 07:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100227&cid=feed A new, eBay-style electronic marketplace for troubled loans tries to give bankers a clear sense of what their distressed debt is worth. Thu, 25 Feb 2010 06:55:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222601208&cid=feed Data quality and data modeling are critical to limiting risk, reports Michael Rodgers, Director of Business Development, Netik. Thu, 25 Feb 2010 05:01:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100223&cid=feed The personnel have changed and responsibilities have broadened for bank chief risk officers. Thu, 25 Feb 2010 04:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100561&cid=feed Agreement will help BB&T carry out corporate cost savings and business initiatives. Wed, 24 Feb 2010 08:19:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100560&cid=feed World Bank report says the repayment crises in four countries have been caused by excessive lending concentration, overstretched back-office capacity and a loss of credit discipline. Wed, 24 Feb 2010 08:17:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100548&cid=feed Initial offering contains identifiers and location data for over 250,000 entities from around the world. Wed, 24 Feb 2010 07:38:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700060&cid=feed Several trends in the outsourcing provider space are altering the outsourcing value proposition for banks, according to Steve Martin, partner with outsourcing advisory firm Pace Harmon. Wed, 24 Feb 2010 05:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100391&cid=feed Device provides secure browser, malware protection and two-factor authentication to protect online banking transactions. Tue, 23 Feb 2010 11:08:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100325&cid=feed New core banking system running on two Unisys ClearPath Libra Model 400 servers to support international branches and combat money laundering. Tue, 23 Feb 2010 07:19:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100222&cid=feed Jesse Jackson, bloggers and some journalists have taken to the word "bankster." What will it take for bankers to redeem themselves and for the term to fade from use? Tue, 23 Feb 2010 07:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100318&cid=feed New system expected to reduce costs and improve efficiency by allowing clients to open accounts online. Tue, 23 Feb 2010 06:46:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100244&cid=feed A survey of 1,055 consumers finds banks have a lot of opportunity to reach the 18-to-30-year-old customer segment if they start catering to this group with SMS alerts, online financial advice and videoconferencing. Tue, 23 Feb 2010 06:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100179&cid=feed George formerly led retail architecture at JPMorgan Chase. Mon, 22 Feb 2010 11:32:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100108&cid=feed Burroughs SmartCash currency recyclers and dispensers integrated with the Ceto Cash Calculator (C3). Mon, 22 Feb 2010 08:20:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100105&cid=feed Corporate clients can now use one-time passwords generated by a small plastic card developed at the Indian Institute of Technology Madras. Mon, 22 Feb 2010 08:08:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100080&cid=feed Ness Technologies/IDG survey of 64 financial companies finds many business intelligence projects in progress in banks, but uncovers some disappointment in the results those projects are achieving. Mon, 22 Feb 2010 06:36:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000293&cid=feed uMonitor to offer full integration with all TransUnion services to help banks and credit unions make better decisions. Fri, 19 Feb 2010 07:49:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000291&cid=feed Bank to use the chill Wisconsin winter air to naturally cool two data centers. Fri, 19 Feb 2010 07:44:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000288&cid=feed In an ongoing legal battle, Bank of America has been granted the right to the domain names bofaml.com and mlbofa.com, but an appeal has already been filed. Fri, 19 Feb 2010 07:37:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000188&cid=feed Leverages technology the bank has offered large business customers since 2004. Thu, 18 Feb 2010 13:34:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000093&cid=feed Data security expert Alex Cox tells how banks can protect themselves against the Kneber botnet he discovered that the Wall Street Journal announced today, that has infected 75,000 computers at 2,500 organizations around the world, and that is still active. Thu, 18 Feb 2010 09:13:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000072&cid=feed Bank core processing provider to offer SeerGate's Secured Lock interbank payment and invoicing system. Thu, 18 Feb 2010 07:10:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223100332&cid=feed Medina-Mora will oversee Citi's retail branch network, branded cards business and local commercial bank in the Americas. Thu, 18 Feb 2010 07:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=223000070&cid=feed "Kneber Botnet" gathers login credentials to online financial systems, social networking sites and email systems from infested computers. Thu, 18 Feb 2010 06:55:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900749&cid=feed Revenues up 10% and Ed Gainer, former CEO of Generated Systems Technologies, to run cash management business. Thu, 18 Feb 2010 05:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900665&cid=feed Accenture SAS Analytics Group will target financial services, healthcare and government. Wed, 17 Feb 2010 07:52:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900656&cid=feed Cathy Bessant recently appointed Global Technology and Operations Executive. Wed, 17 Feb 2010 07:11:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900646&cid=feed Twenty-eight-year banking veteran hired from SunTrust in Nashville. Wed, 17 Feb 2010 06:40:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900551&cid=feed Former CIO of T. Rowe Price, James Mazarakis, to lead technology projects. Tue, 16 Feb 2010 11:36:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900499&cid=feed New and upgraded applications focus on managing interest rate and liquidity risk and planning for future performance. Tue, 16 Feb 2010 07:44:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900495&cid=feed A research firm estimated the number of U.S. homes headed for foreclosure would be enough to stock the housing market with a 10-month supply of unsold homes. Tue, 16 Feb 2010 07:12:08 -0800 http://banktech.com/showArticle.jhtml?articleID=222900492&cid=feed The U.S. Federal Reserve's cessation of a program to prop up the housing market may leave a gap wealth funds are unlikely to fill, financial analysts said. Tue, 16 Feb 2010 05:08:52 -0800 http://banktech.com/showArticle.jhtml?articleID=222900206&cid=feed Wrote fake checks against her employer's account, now must give him the airplane crafted from a kit purchased with stolen money. Fri, 12 Feb 2010 08:02:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900192&cid=feed Small device can trick terminals into authorizing card transactions without an accurate personal identification number. Fri, 12 Feb 2010 07:22:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222900041&cid=feed Former Countrywide unit has given a one-page loan summary to a million borrowers, in the interest of transparency. Thu, 11 Feb 2010 06:52:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700754&cid=feed The Huffington Post's Move Your Money campaign provides community banks with another example of the Web's value as a communications channel with customers, potential customers and the public at large. Thu, 11 Feb 2010 06:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700721&cid=feed Whitefish Credit is set to implement Symitar's Episys solutions as its core technology platform. Wed, 10 Feb 2010 07:29:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700703&cid=feed Actor Bill Nighy, film producer Richard Curtis, and 50 aid organizations in the U.K. are calling for a 0.05% tax on bank transactions, so that that money can be given to the poor. Wed, 10 Feb 2010 06:31:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700627&cid=feed Although Javelin Research's latest fraud survey finds identity fraud continues to rise, banks such as Wells Fargo report losses are down due to fraud detection technology improvements. Wed, 10 Feb 2010 05:08:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700515&cid=feed National Institute of Finance would monitor systemic risk. Tue, 09 Feb 2010 07:44:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700509&cid=feed Jack Henry customers can offer banking via text message, mobile web and mobile app. Tue, 09 Feb 2010 07:25:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600954&cid=feed Within four months of rolling out improved transparency and reporting, Rabobank identifies and eliminates US$10.2 million in redundant IT services. Mon, 08 Feb 2010 11:01:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700327&cid=feed Firm settles with the SEC over charges it misled investors about subprime mortgage investments. Mon, 08 Feb 2010 10:07:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700265&cid=feed Global Islamic banking market is now worth over $500 billion, with 10-15% growth forecast for 2010. Mon, 08 Feb 2010 07:28:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700107&cid=feed Former Federal Reserve chair Paul Volcker himself says only the four or five largest U.S. banks are too large and would need to adjust to rules prohibiting proprietary trading. Mon, 08 Feb 2010 06:01:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222700080&cid=feed As indicated by the in flux of text message-based donations to Haiti earthquake relief foundations, mobile giving has taken off, but the mobile payments space as whole has a long way to go. Fri, 05 Feb 2010 08:04:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222601148&cid=feed Software for monitoring data quality and for redacting sensitive information close to being rolled out. Thu, 04 Feb 2010 07:53:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222601143&cid=feed Mobile web and SMS are the most common mobile banking technologies, but app-based banking will grow rapidly over the next 12 months, according to Luth Research. Thu, 04 Feb 2010 07:25:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222601133&cid=feed Database vendor, which was already using Aleri's software under the hood of its RAP product, can now take product integration further. Thu, 04 Feb 2010 06:43:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600986&cid=feed In its 'Innovation Lab' and other high-tech branches, Umpqua Bank tests the latest technology to improve the banking experience and build stronger customer relationships. Thu, 04 Feb 2010 05:15:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600958&cid=feed Purchasing Ambit BancWare software for asset-liability management, profitability and budgeting functions. Wed, 03 Feb 2010 07:21:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600952&cid=feed Edelman financial services U.S. trust "barometer" finds consumers 25-34 most trusting. Wed, 03 Feb 2010 07:03:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600809&cid=feed Almost all (91%) affuent women surveyed are talking about finances with family members. Tue, 02 Feb 2010 07:10:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600615&cid=feed Monitoring tool helps financial institutions comply with new NACHA IAT rules. Mon, 01 Feb 2010 07:41:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600412&cid=feed First contactless Visa card in Canada not linked to a credit card account, to be used at the Vancouver 2010 Olympic and Paralympic Winter Games. Fri, 29 Jan 2010 06:50:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600408&cid=feed Credit bureau offers an income estimator and a debt-to-income estimator that it says meets the Fed's new requirements. Fri, 29 Jan 2010 06:19:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600249&cid=feed Implementing a slew of Fiserv software across the bank, including account processing, online banking and bill payment. Thu, 28 Jan 2010 07:20:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600245&cid=feed At the "branch of the future" Sberbank opened last month in Moscow, customers interact with contact center reps via self-service terminals using software from BPC. Thu, 28 Jan 2010 07:02:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600094&cid=feed Bank's Shanghai data center said to be experiencing higher IT service levels. Wed, 27 Jan 2010 07:40:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600093&cid=feed USAA has launched a remote deposit capture (RDC) application for use with Android-based mobile devices. Wed, 27 Jan 2010 07:40:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222600087&cid=feed German bank to use SAP for partner data, payments, account management and savings applications. Wed, 27 Jan 2010 07:05:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222500131&cid=feed Followers of the banks' savings-oriented Twitter feed invited to meet the COO face to face. Tue, 26 Jan 2010 08:31:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222500108&cid=feed Mobile banking and payments solutions provider aims to further mobile banking adoption among all smartphone users. Tue, 26 Jan 2010 06:52:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222500093&cid=feed 57% expect bank websites to load in two seconds or less. Tue, 26 Jan 2010 06:15:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222400442&cid=feed Finter Bank implemented SunGard's Ambit in seven months. Mon, 25 Jan 2010 07:33:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222400254&cid=feed Wells Fargo research finds that people in their 20s do not actually rule the web. Fri, 22 Jan 2010 07:12:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222301691&cid=feed Plans further integration of modeling tool with its other risk management products. Wed, 20 Jan 2010 11:20:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222301628&cid=feed First National Bank of Omaha one of the first banks to offer customers the ability to send payments to others directly from their cell phones. Wed, 20 Jan 2010 07:46:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222301592&cid=feed Lending is up and the bank's purchase of Merrill Lynch appears to be more of an asset than a liability, based on the bank's fourth quarter results. Wed, 20 Jan 2010 06:47:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222301403&cid=feed Hauser to lead Worldwide Financial Services, Distribution and Services, Manufacturing and Resources, and the Global Accounts Organization. Tue, 19 Jan 2010 06:48:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222301190&cid=feed As customers of The State Bank and Park State Bank & Trust make payments by phone, the banks will donate 1% of the value of each transaction to the The Salvation Army in Haiti. Fri, 15 Jan 2010 12:43:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222301117&cid=feed Karad Urban Co-operative Bank to outsource most data center functions to Big Blue. Fri, 15 Jan 2010 06:55:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300995&cid=feed Michael Dubno will head global markets and research technology at the bank starting Tuesday. Thu, 14 Jan 2010 11:02:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300967&cid=feed Bankrate poll confirms that most Americans feel poor, are saving more and spending less. Thu, 14 Jan 2010 09:13:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300959&cid=feed Standard Chartered Bank (SCB) has selected Vitech Systems Group's Equitrak software as its new transfer agency solution. Thu, 14 Jan 2010 09:02:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300939&cid=feed Mark R. Sheehan and Douglas G. Hartsema, both former JPMorgan Chase executives, take on new roles intended to enhance Huntington's business and retail banking services. Thu, 14 Jan 2010 07:56:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300933&cid=feed Near-field communication is the technology that will allow phones to be widely used for payments; banks and mobile operators will compete for this new mobile payments business, according to SJB Research. Thu, 14 Jan 2010 07:17:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300794&cid=feed Private banking arm of National Bank of Abu Dhabi, in Geneva, opts for standardized banking software from Avaloq hosted by B-Source. Wed, 13 Jan 2010 09:13:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300768&cid=feed ACH Federal has formally introduced a suite of automated clearinghouse (ACH) processing and merchant services solutions. Wed, 13 Jan 2010 07:52:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300752&cid=feed The first line of defense is encryption, according to an Aite Group report released today. Wed, 13 Jan 2010 07:15:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300647&cid=feed Alphin, Bessant, Darnell, Desoer, Krawcheck all in final lineup. Tue, 12 Jan 2010 14:19:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300565&cid=feed Compensation plans are a factor in 35% of bank failures, the agency says. It's thinking of penalizing banks that don't consider risk when rewarding for performance. Tue, 12 Jan 2010 09:37:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300554&cid=feed Hopes SAS analytics software will help it improve customer service and risk management. Tue, 12 Jan 2010 08:38:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300530&cid=feed Leaving IT management and support to Compuquip Technologies. Tue, 12 Jan 2010 07:39:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300521&cid=feed Using hosted core banking software and implementing a slew of other Jack Henry banking applications. Tue, 12 Jan 2010 07:18:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300517&cid=feed Idea of charging already-subsidized banks with fees they could simply pass on to customers doesn't seem to be catching on. Tue, 12 Jan 2010 06:46:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300440&cid=feed A focus on risk and regulation will drive many surviving banks to invest in data management projects to create a single version of truth, the analysts say. Mon, 11 Jan 2010 14:29:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300305&cid=feed Allows banks to let their customers check balances, pay bills, transfer funds, and view statements online. Mon, 11 Jan 2010 08:30:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300288&cid=feed Imaging-assisted app for tellers said to reduce processing and courier costs. Mon, 11 Jan 2010 07:24:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300115&cid=feed Cardholders set up text messages to notify them when they're spending too much. Fri, 08 Jan 2010 08:55:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222300045&cid=feed Analyst firm projects wealth management IT budgets will increase 5% over 2009. Fri, 08 Jan 2010 04:37:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200686&cid=feed Banking giant to allow Thai people to bank via handheld device in English or Thai. Thu, 07 Jan 2010 09:12:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200677&cid=feed Will use Advent's Geneva software and Virtus Partners' independent data feeds to provide straight-through processing of loans. Thu, 07 Jan 2010 08:19:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200673&cid=feed Oracle FLEXCUBE Integration Lab launched with new release to demonstrate how to Integrate with existing web services. Thu, 07 Jan 2010 08:04:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200553&cid=feed BlackBerry Presenter, a small USB device, will retail for $199. Wed, 06 Jan 2010 14:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200485&cid=feed By upgrading servers and moving ATM transaction traffic to an existing TCP/IP network, the bank says it has simplified and increased throughput for its ATM network. Wed, 06 Jan 2010 08:24:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200462&cid=feed Portal to allow the bank to offer purchase order initiation, invoice presentation and automated payments on one platform. Wed, 06 Jan 2010 07:19:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200455&cid=feed Although millions of newer microchip-embedded cards have failed to comprehend the year 2010, many ATMs have been adjusted to fix the problem, card company says. Wed, 06 Jan 2010 07:06:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200233&cid=feed Salaries are flat but bonuses are down, Janco's latest benchmarks show. Tue, 05 Jan 2010 06:55:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222200167&cid=feed Password controls, stronger authentication and customer PC security scans among the measures that can help. Mon, 04 Jan 2010 14:28:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222002892&cid=feed BS&T's editors offer some predictions about the coming year's bank technology news makers. Mon, 04 Jan 2010 08:02:01 -0800 http://banktech.com/showArticle.jhtml?articleID=222200094&cid=feed Innovation seen as key to boosting trust, but only one of four banks has laid out strategy. Mon, 04 Jan 2010 07:30:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222002891&cid=feed Pending legislation in Congress will significantly affect banks' IT shops, and risk management will be front and center, reports Deloitte & Touche's Henry Ristuccia. Tue, 29 Dec 2009 05:15:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222100092&cid=feed The continuing uncertainty about financial services regulation will complicate 2010 IT budgeting by forcing banks to try to balance caution with innovation and efficiency with flexibility. Mon, 28 Dec 2009 05:00:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222002966&cid=feed The payment processor agreed to submit the report of an independent expert on its plans to improve the security of its computer system since the announcement of the cyber breach on January 20, 2009. Tue, 22 Dec 2009 08:55:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222002836&cid=feed Some banks will pinpoint online sales and marketing, while others will focus on online service or improving the customer experience, according to a new Aite Group report. Mon, 21 Dec 2009 08:17:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222002537&cid=feed As fraudsters increasingly seek to exploit weaknesses in consumers' defenses through social engineering schemes rather than hack vulnerabilities in banks' security systems, the need for enterprisewide solutions to detect fraud across channels is greater than ever. Mon, 21 Dec 2009 06:10:00 -0800 http://banktech.com/showArticle.jhtml?articleID=222002771&cid=feed Financial industry veteran brings 25 years of experience to compliance solutions provider. Sun, 20 Dec 2009 19:26:00 -0800