Myths keeping bankers out of the cloud

Cloud technology has been in the spotlight recently due to the infamous iCloud hacking scandals. These isolated instances have cast a shadow over the technology and even generated several misconceptions that have stymied its acceptance by the banking industry. The good news about the Cloud is that it offers better service through smoother workflow processes because it Read More

By |2020-05-27T18:00:37-05:00February 4th, 2015|Comments Off on Myths keeping bankers out of the cloud

Responding proactively to cyber threats

Opportunity for one doesn’t always mean opportunity for all, but unfortunately, it does in banking. While mobile banking opens up a wonderful world of convenience for consumers, it does the same for would-be cyber criminals. Consider the idea that our smartphones may soon act as contactless credit cards or allow us to carry out transactions through Facebook. Read More

By |2020-05-27T18:00:38-05:00January 7th, 2015|Comments Off on Responding proactively to cyber threats

Mobile first for information management

Mobile devices have revolutionized how consumers and businesses interact with financial products. But of equal importance is how they have transformed day-to-day bank operations, offering innovative ways to streamline back-office workflows while further enhancing the customer experience. To achieve a competitive advantage in today’s digital age, banks and credit unions must not only embrace a “mobile first” Read More

By |2020-05-27T18:00:38-05:00December 23rd, 2014|Comments Off on Mobile first for information management

Matching Culture to Projects

Professionals who work in high-tension fields – pilots, police and soldiers – are prone to react to dire situations in either of two ways. Some revert to what intuition and experience have acculturated them to do, regardless of the prescribed processes they might have been trained and re-trained to do. Others, when lives are on the line, Read More

By |2020-05-27T18:00:38-05:00December 9th, 2014|Comments Off on Matching Culture to Projects

Branch of the Future Network Innovations

A branch distribution executive recently described exactly what it’s like trying to keep up in a “next-gen” era: “It’s a race without a finish line,” she said. “One day, I’m reading about something mind-boggling that the futurists are dreaming up. A couple of months later, I have vendors pitching it to me. And not long after, I’ve Read More

By |2020-05-27T18:00:39-05:00October 28th, 2014|Comments Off on Branch of the Future Network Innovations

Coders as the rock stars of banking

I was having a debate the other day with two bank CEOs. One runs a direct bank that is going digital and the other runs a branch-centric bank that is investing in digital. At one point in the conversation, we got into a discussion about coders and, in a surprisingly frank dialogue, both CEOs said that coders Read More

By |2020-05-27T18:00:40-05:00October 6th, 2014|Comments Off on Coders as the rock stars of banking

Simplifying the IT Environment

Retail banks have managed to get by for decades with complex, overlapping and aging IT systems. Any pressure on banks to simplify their environments has, in many cases, been suppressed by the complexity, high cost and risk associated with major technology programs. The recently published Kelly Review identified the failed re-platforming program of the UK’s Co-Operative Bank Read More

By |2020-05-27T18:00:41-05:00August 6th, 2014|Comments Off on Simplifying the IT Environment

Keys to a Successful Client-Vendor Relationship

Financial institutions today buy software for a multitude of tasks: lending, operations, product development, accounting and compliance. And bankers know, in general, what they’re looking for: an effective solution at a good price. But, of course, there’s a lot more involved in the purchase of a software system. Here, from an experienced vendor, is a checklist of Read More

By |2020-05-27T18:00:42-05:00June 17th, 2014|Comments Off on Keys to a Successful Client-Vendor Relationship

Banking’s ‘Sweet Spot’ in the Cloud

Cloud may be just the latest point in outsourcing’s long arc, but for banks, it promises to be one of the most significant, if complex. Significant because cloud’s value is proving to be vast and varied at the precise time that banks are eager to lower costs increase capital and move fast on IT. Complex because cloud Read More

By |2020-05-27T18:00:43-05:00May 7th, 2014|Comments Off on Banking’s ‘Sweet Spot’ in the Cloud

The Pros and Caveats of the Enterprise Cloud

The cloud is rapidly becoming a preferred method of delivering on-demand computing resources. Research firm IDC predicts that 45.5% of corporate Information Technology (IT) will be delivered via the cloud by the end of this year. Gartner estimates that more than 60% of banks will process the majority of their transactions in the cloud by 2016. Based Read More

By |2020-05-27T18:00:44-05:00March 21st, 2014|Comments Off on The Pros and Caveats of the Enterprise Cloud