Archive for the ‘Banking’ Category

By Paul Allen American Savings Bank's implementation of an enterprise-wide banking solution based on the Signature Bank Platform from Fiserv marks a radical overhaul of the Honolulu-based firm's technology infrastructure. In total, American Savings will take 22 different products from the Fiserv range. "We are implementing the core processing suite, teller, sales and service, Internet banking, bill ... Full story

By Renee Wijnen Caruthers In Europe, the Single European Payment Area (SEPA), which will effectively eliminate cross-border payments between participating European countries, is ushering in payments innovation. European banks and other large multinational banks that operate in the region are leaders in deploying the global ISO 20022 message standards for mass euro payments. If these standards ... Full story

  Barclays Bank has come up with an innovative way of reducing the wait times for customers and at the same time potentially increasing the customer’s business with the bank.  As part of an ongoing program to refurbish its 1,733-branch network in the UK, Nicolas Parmaksizian, head of business development, and Deanna Oppenheimer, CEO of UK Retail Banking, ... Full story

BMO Financial Group provides retail banking, wealth management and investment banking products and solutions to 8.5 million customers across Canada and the United States. An important part of the bank’s strategy is to continuously improve customers’ online experience. To this end, it is launching a map-based locator to make ... Full story

As the global regulatory climate continues to change rapidly, European financial institution KAS Bank is moving all of its back-office operations - including those related to helping other banks with compliance - from the mainframe to a Microsoft .NET environment. First established in 1808, KAS Bank specializes in wholesale securities services. With total migration to Windows set for completion in 2010, the bank went live ... Full story

How technology, data, and analytics have protected credit cards from a financial storm. At the beginning of the year, articles and news reports were already warning about an impending credit card crunch, with the suggestion that the credit card industry would fall to a fate similar to the mortgage industry. It didn't happen. That doesn't mean ... Full story

Bruce Livesay, the new CIO at First Horizon, has a history of finding the right solutions to challenges and achieving a competitive edge besides. The former IT head at Regions Bank, Livesay won last year's WFS awards for his innovation deploying advanced Microsoft technologies. Then, faced with a merger with AmSouth Bank that would create one of the 10 largest ... Full story

Not so long ago, compiling peer group reports was a manually intensive process for CenterState Bank, the lead bank for CenterState Banks of Florida. Since implementing Web-based software from Highline Financial, the bank has more data and faster access to it. Not only has it been a huge time saver, but also the bank has significantly improved its ability to do competitive analysis. CenterState Bank ... Full story

Since its founding in 2001, Georgian Bank has become one of the fastest-growing banks with more than $2 billion in assets. According to Danny W. Jett, executive vice president of the bank, this has a lot to do with the institution’s high-touch customer service. “Our objective is to be a different and better banking ... Full story

USA Credit Union recently became one of more than 30 financial institutions to upgrade to a new banking platform to enhance its workflow, flexibility, navigation, and productivity. The Auburn Hills, MI, credit union, which expects to merge with Bloomfield Hills-based T&C Federal Credit Union later this year, has tapped the Complete Credit Union ... Full story