With fraudsters mounting increasingly sophisticated and co-ordinated online attacks, banks must be constantly prepared for the latest threats. Dan Barnes explains.
Wachovia’s corporate chief information officer views outsourcing as a partial solution to the slowdown in banking innovation resulting from industry consolidation. Dan Barnes reports.
National Australia Bank has revamped its UK holdings, Clydesdale and Yorkshire banks, as local financial centres with an in-house manager style reminiscent of the 1970s. Stephen Timewell reports.
Target2 will bring more than a single platform for the real-time gross settlement systems in the EU, it will add enhanced euro liquidity management services for euro payments, reports Frances Maguire.
Across consumer banks, the cost-to-income ratio is still high. Branch banking, consumer lending, bank cards, and call centre operations have been mired in structural costs attached to legacy technologies, fragmented systems and manual processes.
Inefficient banks used to operating in protected domestic environments are likely to suffer the heaviest casualties once the single European financial market becomes a reality in 2010.By Chris Skinner.
Does increasing regulatory pressure on banks to simplify their finance function spell the end of the general ledger as we know it? Dan Barnes investigates.
Michael Meriton explains what drives the move to adopt an EDM approach and, once in place, what it allows businesses to achieve.
Unless banks take a more holistic view of their data management systems, they will find regulatory compliance and cross-asset analysis increasingly difficult. Heather McKenzie explains.
Corporate social responsibility is not new to European savings banks. They have a historical commitment to making a contribution to their local communities. Chris De Noose reports.
Regulation is on the rise in Europe and will have a massive impact on the banking industry in the next decade. Crispian Lord examines the conflict between bankers and regulators, and suggests three key steps for a bank’s strategic response.
A mobile global population means a constant stream of money transfers between countries. Initiatives are under way to ensure the process is simple, safe and affordable, as Wendy Atkins reports.
The majority of Europe’s savings banks are viewing the Capital Requirements Directive, which transposes Basel II into European law, as a good thing. Michael Imeson explains why.
Cross-border consolidation does not necessarily mean better integration, a more competitive or more efficient banking sector but nor is it the only way of serving customers well. Chris De Noose looks at the viable alternatives.
In the age of globalisation, local market representation and proximity to customers is deemed essential by both US and EU banks, writes Chris De Noose, chairman of the ESBG/WSBI management committee.
It’s no longer enough to gather information, banks must ensure that its use also complies with regulatory demands. This calls for a company-wide solution: enterprise data management. Dan Barnes explains.
With online and back-office payments processing systems becoming increasingly accessible, Dan Barnes asks whether banks can retain their grip on this fundamental area of business.
Siam Commercial Bank’s chief information officer has a hard-nosed ‘if we can do without it, forget it’ attitude to customisation and modification. Dan Barnes reports.
Post offices have progressed from merely serving the unbanked in developing countries to becoming serious contenders in the financial services stakes. Wendy Atkins reports.
Susana Fernández Caro details how some banks have tapped into the potential for making loans available exclusively through ATMs.