News & Commentary
Content posted in December 2003
OCC’s Hawke Passes on Basel
News  |  12/22/2003  | 
Comptroller Hawke calls the Basel II Accord an overly-complex and unfinished effort that's unlikely to meet the planned 2006 deadline.
7-Eleven Moves Beyond Convenience-Store Fare
News  |  12/22/2003  | 
Retailer installs kiosks that provide financial and E-commerce services.
Wholesale Banking Casts Technology Toward the Top Line
News  |  12/22/2003  | 
Look for a significant increase in investments by wholesale banking units in technology aimed at deriving new revenue streams, survey says.
A Look into Banking Trends for 2004
News  |  12/16/2003  | 
Banks have been able to apply a strategic approach to their IT decisioning process.
RBC Financial Connects with Vitria
News  |  12/16/2003  | 
Vitria has been adopted as a standard for RBC Financial for business process management, enterprise application integration, and workflow management.
Lending's Winding Road
News  |  12/16/2003  | 
Loan institutions are finding innovative ways to cope with a seismic shift in their business.
Huntington Bank Saves Time With Web Services
News  |  12/9/2003  | 
Web Services architecture helps Huntington to move forward.
Microsoft Aims At Bank Industry
News  |  12/9/2003  | 
Spending on retail-bank technology may be slow, but vendor is determined to carve out a niche.
Latest Gomez Internet Banker Scorecard Reveals Accelerating Online Dynamism
News  |  12/9/2003  | 
Online document delivery, account-based e-mail alerts and inter-FI transfers pick up steam.
Citibank Account-To-Account Service Draws Interest
News  |  12/2/2003  | 
Account-to-account transfers promise to reshape the consumer experience for retail banking at the branch, on the Internet, and at the ATM.
Feds Crack Down On Cyberfraud
News  |  12/2/2003  | 
Authorities nail offenders while the SEC, FTC, and investment firms look for ways to bolster security.
How Well Do You Need To "Know Your Customer?"
News  |  12/2/2003  | 
Several steps should be taken by banks to protect themselves against third party or account holder claims based on the "Know Your Customer" policies.
Executive News
News  |  12/1/2003  | 
Charter One Chooses Quinlan as SVP & CIO; Riggs Promotes Kinard to EVP; Financial Objects Hires Watts; Shopenn Joins TouchPoint Solutions as VP; Former AIG Exec Sparks Named Wilmington Trust SVP; Capital One's Lawson Joins Valen's Board of Advisors
Rhetorical Questions
Commentary  |  12/1/2003  | 
October was an interesting time for an American Jew in the media to visit Singapore for a conference of international bankers, particularly after hearing about the anti-Semitic speech by Mahathir Mohamad, former prime minister of neighboring Malaysia.
Newer Regulations Keep Banks On Their Toes When it Comes to Content
News  |  12/1/2003  | 
Compliance demands highlight need for enhanced content management strategies.
Building A Flagship Operation
News  |  12/1/2003  | 
PNC CIO's drive for excellence serves the company well as it trims $40 million and adds custom services.
Card News Roundup
News  |  12/1/2003  | 
NTT Develops Multi-application Smart Card; Axalto's e-gate USB Smart Card; Visa Launches Smart Secure Storage; JCB Tests Biometric Authentication; Charter One Bank Launches MasterCard Gift Card; Bank of Finland Sells Setec Shares
IRS OK’s Health Card Techs
News  |  12/1/2003  | 
Rulings pave way for next-gen administration of consumer-directed health plans.
Contactless Trial Takes Off
News  |  12/1/2003  | 
MasterCard introduces contactless card trials in smaller markets.
Hot Hand
News  |  12/1/2003  | 
BankAtlantic plays its card for point-of-sale and payroll.
SIBOS/SWIFT Coverage: Big Brother/Big Sister Programs for Bankers
News  |  12/1/2003  | 
Big banks look out for their little brethren.
The Far Side of the World
News  |  12/1/2003  | 
Wachovia's Global Trade Services Group, under the command of Hong Kong-based Steve Nichols, has deployed workflow and imaging technologies in order to master the complexities of the trade finance business.
Bank of Hawaii Clients Log On for Letters of Credit
News  |  12/1/2003  | 
Bank improves its letter-of-credit process by using an Internet-based interface.
American Bank Provides Online Apps. for Commercial Clients
News  |  12/1/2003  | 
Bank opts for a Fiserv application that mirrors its successful consumer online banking tool.
Online Mortgage Application Triples Bank’s Volume
News  |  12/1/2003  | 
By moving to an electronic process, customers can submit mortgage apps online.
Fifth Third Stays Seven ’Steps’ Ahead of Fraud
News  |  12/1/2003  | 
Bank implements seven new fraud-detection systems to fight check and ID fraud.

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