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Accenture Holiday Shopping Survey notes that thrifty Americans are opting to use cash/debit in their spending and that banks would do well to be mindful of these changing payment preferences.
Other
A computer worm is targeting iPhone users who use an application to conduct online transactions with Dutch bank ING Direct, security experts say.
iPhone
iPhone
F-Secure
Apple
U.S. President Obama's push to improve math and science education for children has some heavy hitters for the younger set: Elmo and Big Bird.
Other
Barack Obama
The bank issued a white paper that looks at the growing area of corporate payments fraud and suggests best practices for safeguarding accounts.
Other
By Hongjie Wang, Fulcrum
The Pareto principle, also known as the 80/20 rule, was named after Italian economist Vilfredo Pareto, who observed that 80 percent of income in Italy went to 20 percent of the population. Interestingly enough, such phenomena occur in many disciplines and industries. ...
Other
The report does note for sure that credit card fees have been driven up and that consumers could be paying for this.
Other
The financial crisis is causing a dramatic rise in the number of cease and desist orders by bank regulators and should be a warning sign for bank managers and directors, according to analysis by the Regulatory Fundamentals Group.
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Our favorite banking technology-related blog posts from around the Web (November 15-21, 2009):
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There were some fireworks yesterday at a hearing held by the Joint Economic Committee between Treasury Secretary Timothy Geithner and Texas GOP Rep. Kevin Brady. In this video from CNBC.com, Brady plainly stated Geithner should take responsibility for the state of the economy today and all but ...
Other
The UK's supermarket bank will use the Fiserv Signature bank platform to form the foundation of its account and transaction operations.
Other
Ernst & Young's Steven Beattie says although releasing the new payment messaging protocol will help increase AML efforts and transparency, banks could be faced with problems like an increased investigations burden.
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The bank will provide residents of Nice with NFC payment services enabled by Oberthur's technology.
Other
American Express will buy P2P payments company Revolution Money to expand its reach and make a place in a growing market.
Online
By Stacey Zengel, Jack Henry & Associates Inc.
Recent turmoil in the financial services industry may have changed some of the players, but it has not changed the basic mandate for financial institutions to satisfy the needs and desires of customers while generating shareholder returns. Indeed, ...
Other
Two suspects are in custody in England for their alleged role in a devastating worldwide computer virus attack that infected thousands of computers, police say.
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By Jay Morreale, Bank of America
As the amount of data gathered and produced within an organization grows daily, users are challenged to make decisions based on this information in shorter and shorter time periods. While traditional Business Intelligence (BI) tools provide valuable access to ...
Other
The Abu Dhabi-based financial institution will use Norkom's AML and watch list management solutions.
Other
The Financial Fraud Enforcement Task Force is an interagency initiative that will rely on the coordinated efforts of each member of prevent another financial crisis.
Other
Barack Obama
With the announcement that Khalid Sheikh Mohammed, the accused 9-11 “mastermind,” and his cronies would be tried as criminals in New York City comes a good deal of reaction from New Yorkers and others. While there are pros and cons to the move, being New Yorkers, we’re not ones to sugarcoat what ...
Other
Apparently, the New York Fed could have done more last year when it was negotiating with AIG trading partners. At least that's what Troubled Asset Relief Program special inspector general Neil M. Barofsky suggests in a government report officially released today.
