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Bank Technology News December 2004 Holly Sraeel |
Outsourcing Gets a Closer Look. But is It Different? The strategic value of outsourcing has always been the source of some debate in banking. The question is, "Is it different than in years past?" Good question, and the answer depends on the size of institution.  |
Bank Systems & Technology December 1, 2005 Deena M. Amato-McCoy |
Show Me More Than Money Some banks may need more than attractive salaries to retain the best IT talent.  |
U.S. Banker June 2007 Lee Conrad |
Weighing Customization Against 'Bank-in-a-Box' Solutions The ability to customize IT platforms could help small banks differentiate themselves, but they must be careful not to bite off more than they can chew. Partial outsourcing may do the trick.  |
Entrepreneur July 2010 Ivy Hughes |
Outsourcing: Not Just Cheaper From processing payroll to integrating IT, outsourcing certain functions can mean better talent at lower costs.  |
Bank Systems & Technology November 30, 2003 Ivan Schneider |
Banks Aim To Increase Revenues Through Innovative Uses of IT Banks in InformationWeek 500 seek productivity gains.  |
U.S. Banker November 2007 Lee Conrad |
In Pay Raises, Small Banks Outpace the Broader Industry According to America's Community Bankers' annual compensation survey, chief information officers/chief technology officers saw an 11.2 percent increase in their base salaries at community banks between 2006 and 2007.  |
U.S. Banker November 2007 Paul Hyde et al. |
Mergers Create Mid-Sized Have-Nots Nearly two decades of steady banking industry mergers have created a landscape dotted with a group of banks struggling to survive in an undifferentiated no-man's land.  |
Bank Systems & Technology July 30, 2007 Nancy Feig |
Banks Eye Finance, Accounting Outsourcing Revenue Lagging cash management revenue has prompted many banks to start offering new elements of finance and accounting outsourcing to their corporate customers.  |
Global Services August 14, 2008 Mehra & Singh |
A Comprehensive Talent Strategy for Services Outsourcing Outsourced service operations in India, China, and other developing countries face a war for talent that will ultimately determine their competitiveness. Win this war by pursuing a comprehensive talent-management strategy.  |
Wall Street & Technology March 19, 2007 Paul McDougall |
Big Surge for Bank Offshore Outsourcing, Deloitte Study Predicts Banks in the U.S. and other countries will dramatically increase the percentage of their IT budgets devoted to procuring technology services from offshore providers operating from low-wage countries, such as India and China, over the next three years.  |
Bank Systems & Technology March 7, 2005 Peggy Bresnick Kendler |
Sourcing Strategies Banks face myriad sourcing options, from build versus buy to in-sourcing and outsourcing. To select the right strategy, banks must determine which processes or services offer the most opportunity for competitive advantage or cost savings.  |
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.  |
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.  |
HRO Today September 2008 Andy Teng |
Talent Management Programs Catch Up Through Tech Innovation With suites of offerings in the marketplace, HR organizations may find the task of managing talent easier and more valuable than ever.  |
Insurance & Technology November 19, 2007 O'Donnell et al. |
Financial Services Firms Increasing Spending, But Priorities Differ If the confidence of financial services firms was shaken by this year's subprime mortgage lending crisis, it certainly isn't reflected in their IT budgets for 2008, judging by a joint survey of insurance companies, banks and securities firms.  |
Bank Technology News February 2002 Louise West |
Good News for CRM and Outsourcing Vendors Despite the economic slump, banks in Europe are still prepared to spend on certain areas of IT...  |
Wall Street & Technology February 14, 2006 |
Small Businesses Big Biz for Banks Capturing small businesses as banking customers will be a top priority for many banks this year, according to a new report.  |
Bank Systems & Technology February 27, 2006 Maria Bruno-Britz |
Sleeping With the Enemy From large retailers to car companies to technology start-ups, financial services is fair game, thanks largely to the availability of the necessary support technology.  |
The Motley Fool January 23, 2006 |
All About Online Banking You may not need your bricks-and-mortar branch as much as you thought.  |
Bank Systems & Technology May 7, 2007 Peggy Bresnick Kendler |
Bank Tech Experts Discuss Vendor Relationships Here, these industry experts talk about outsourcing and offshoring along with other areas of bank tech concerns.  |
Bank Systems & Technology December 1, 2005 Deena M. Amato-McCoy |
Training for Success Though they remain challenged with how to standardize and optimize IT training, with the help of collaborative online training solutions, banks are turning disparate IT talent into cohesive teams.  |
Bank Technology News March 2007 Glen Fest |
Business Banking: Small Banks Beefing Up Commercial Capabilities Four in five community institutions say they will increase tech spending on capabilities such as cash management and imaging to attract corporate banking customers.  |
Bank Technology News August 2003 |
By The Numbers One of the major effects of check-image exchange is the eventual elimination of the float. The annual value of the float is about $5 billion, say banks, even in today's low-rate environment.  |
Bank Technology News February 2002 Joseph McKendrick |
Leave Computing to Us Outsourcing hits its stride in banking...  |
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.  |
Bank Systems & Technology May 25, 2006 Maria Bruno-Britz |
Corporates' Wishes Are Banks' Commands Between industry consolidation and the entrance of new players in the market, banks have their work cut out for them when it comes to serving business customers and meeting their demands.  |
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.  |
Bank Systems & Technology June 26, 2006 Peggy Bresnick Kendler |
Outsourcing Questions and answers about bank outsourcing.  |
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.  |
Bank Technology News February 2003 Michael Sisk |
Outsourcing Goes On-Demand Bankers like JP Morgan Chase's John Schmidlin, CTO of enterprise services, are increasingly looking to outsourcing firms to help them slash inefficiencies in commodity services and gain the upper hand in more strategic business partnerships.  |
Bank Systems & Technology June 26, 2006 Maria Bruno-Britz |
Lands of Opportunity The international opportunities for U.S. banks with the right IT and know-how can be huge, provided they follow the appropriate strategy.  |
U.S. Banker August 2008 Jim Bolton |
The Strategic Case for Outsourcing Back-Office Chores It's more critical than ever that banking executives weigh further efficiencies and fresh initiatives to retain and attract customers. This is where business process outsourcing increasingly enters the picture.  |
InternetNews December 21, 2007 Kenneth Corbin |
A 'Building Year' For Mobile Banking Research firm Celent looks ahead to the coming year in banking technology.  |
Bank Technology News January 2008 Glen Fest |
Hiring: IT Recruiters Gear up for a Busy Year Despite the global credit crunch, more than half of U.S. financial services firms are planning to increase hiring in 2008, with IT and sales staff in greatest demand, according to a survey by recruitment consultant Claymore Partners.  |
Bank Systems & Technology June 2, 2004 Cynthia Ramsaran |
Outsourcing Obstacles Banks can save money with offshore outsourcing, but they need a plan to navigate the choppy waters.  |
Bank Technology News February 2005 Lee Conrad |
Trust Services: Union Bank Drops SEI in Favor of Itself Though the move is rare for a superregional bank, Union's decision to design a proprietary system not only addresses cost controls, but it also allows the bank to better serve clients.  |
Global Services January 1, 2008 Todd Lefkowitz |
Answering Services Call Regardless of the IT infrastructure outsourcing option a customer organization chooses, one of the most important elements in the partnership is the communication on managing risk, optimally using technology and enhancing efficiency.  |
Bank Systems & Technology January 3, 2006 Maria Bruno-Britz |
Opportunity Calling In their ongoing quest to increase revenue and retain customers, banks have redoubled their efforts to find and implement cutting-edge technologies and strategies to identify sales opportunities and improve service -- sometimes with mixed results.  |
Bank Technology News September 2006 |
Performance Of Small Banks Tells Only Part of Their Story The performance of community banks is often an afterthought when talk of what makes the banking industry tick gets going.  |
Bank Systems & Technology August 1, 2007 Nancy Feig |
New Rules for Bank Outsourcing and Offshoring New deal models and business imperatives, as well as opportunities in emerging markets, are inspiring banks to reevaluate the types of outsourcing and offshoring arrangements they make.  |
Bank Technology News June 2007 Geeta Sankappanavar |
Financial Services Outsourcing: Not If, But When BPO companies now offer a way to achieve the cost and quality advantages of strategic global outsourcing without the risks of losing control of the operation and without the investment costs of setting up their own offshore centers.  |
Bank Systems & Technology May 8, 2007 Maria Bruno-Britz |
For Money Transfers, Going Solo Not the Best Route for Banks A new study says banks are better off teaming up with existing money transmitters to succeed in remittance business.  |
Bank Technology News May 2002 Maria Bruno |
What Machines Just Can't Do State-of-the-art technology cannot disguise, or undo, the harm inflicted by even one ill-tempered bank customer service representative...  |
Bank Systems & Technology May 31, 2004 Ivan Schneider |
'Best-of-Suite' Business Model Drives Acquisition Boom Banking software vendors are using acquisitions to meet a greater range of customer needs.  |
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.  |
Wall Street & Technology November 18, 2005 Leslie Kramer |
CIO Challenge: Business Process Outsourcing As Wall Street firms reevaluate their core competencies, once-strategic business processes are now being outsourced. But deciding which processes to outsource and managing the provider relationship remain critical to success.  |
HRO Today September 2008 Andy Teng |
The Leadership Talent Gap Survey reveals disconnect between a recognized problem in shortage of leadership talent and their ability to correct the problem.  |
FDIC FYI July 9, 2004 |
Bank Branching Trends and Prospects of Key Banking Sectors A summary of three reports released today that represent the fourth installment of the Federal Deposit Insurance Corporation's Future of Banking Study.  |
Bank Technology News June 2002 Jan Jaben Eilon |
Small Business Entices Marketers With over 5 million small businesses in America, banks are realizing the potential in this market.  |
Bank Technology News May 2001 Maria Bruno |
E-Mania Takes Community Banks by Storm According to Grant Thornton, community banks must commit to big changes, or else...  |