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Video: Use IT to innovate, says Gartner
Banks and financial services companies need to use IT to promote innovation rather than focusing on cutting costs, according to analyst group Gartner. http://www.computerweekly.com/Articles/2009/11/02/238381/Video-Use-IT-to-innovate-says-Gartner.htm
Lloyds IT contractor's pay cut 15% in take it or leave offer
...focus on cost management," it said. Matthew Smith, director of UK regions at recruitment company Harvey Nash, said banks have generally paid contractors well so a 15% reduction could still be better than other sectors. "This depends on... http://www.computerweekly.com/Articles/2009/06/25/236630/lloyds-it-contractors-pay-cut-15-in-take-it-or-leave.htm
RBS to cut 700 IT staff
...suggest it will stop. All I can see is further hurdles and more job cuts." Ralph Silva, analyst at Towergroup, said banks are already operating with the minimum number of workers needed. Nevertheless, up to 7% of IT workers in banks... http://www.computerweekly.com/Articles/2009/05/22/236147/rbs-to-cut-700-it-staff.htm
Criminals attack Pin bank security
The forensics team contributed to the Verizon Business 2009 Data Breach Study that found a sharp increase in the number of attacks targeting Pin data in the past year. http://www.computerweekly.com/Articles/2009/04/17/235690/criminals-attack-pin-bank-security.htm
Organisations failing on personal data security, consumers say
...to protect theirpersonal information online. A survey commissioned by VeriSign found that 57% of UK respondents said banks, retailers and the government were failing to do enough to protect their data. This was the highest percentage... http://www.computerweekly.com/Articles/2008/03/06/229748/organisations-failing-on-personal-data-security-consumers.htm
Banks use Twitter for customer services
...at various Web 2.0 applications to see how it can help them connect to younger generations of customers. Jegher said banks could use Twitter for marketing with product announcements, press releases and event information released on the microblogging... http://www.computerweekly.com/Articles/2009/04/02/235506/banks-use-twitter-for-customer-services.htm
Abbey trials automated customer service tools
...and other channels like telephone, online and ATMs," said a spokesman. Ralph Silva, an analyst at Tower Group, said banks such as Abbey and HBOS were investing in technology in branches to automate their services and cut their running costs... http://www.computerweekly.com/Articles/2008/01/04/228734/abbey-trials-automated-customer-service-tools.htm
Barclays uses video evidence to fight e-crime
...Science and Technology Committee said Banks should be made legally liable for...financial services think tank Balatro, said banks must get the balance between security...risk." A Barclays spokeswoman said banks needed to educate customers and provide... http://www.computerweekly.com/Articles/2008/07/22/231589/barclays-uses-video-evidence-to-fight-e-crime.htm
Businesses ignore security fears in pursuit of e-commerce benefits
...found conflicting views between businesses and consumers over where responsibility for security should lie. Consumers said banks and retailers should be responsible for protecting their personal information, but only 26% of businesses agreed... http://www.computerweekly.com/Articles/2006/02/14/214202/businesses-ignore-security-fears-in-pursuit-of-e-commerce.htm
Retail banks can expand through mobile transfer, says Gartner
...enhance information systems," said Uzureau. He said banks should use their experience and compliance with anti...currently being processed via informal channels. Uzureau said banks must launch these services now because the mobile industry... http://www.computerweekly.com/Articles/2007/12/13/228589/retail-banks-can-expand-through-mobile-transfer-says.htm
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All ResultsNews and blogs from the web - SAID BANKS

Citi Dumps Credit Card Customers at the Pump
...another type of credit carries a high balance, the loss of the credit line could push down their score. Ulzheimer said banks have been routinely making such moves in the past year and a half, mostly on a case-by-case basis. "Every once... http://www.ecommercetimes.com/rsstory/68452.html
UK's families put on fraud alert
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Finextra: ACI Worldwide unveils payments system
Justice Policy Institute, Newsroom
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Robot as good as real dog at easing lonely hours
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Wilmington Trust Selects VeriSign to Power New Mobile Banking Services - Zibb.com
... Michael Campbell, senior vice president of sales and marketing, for VeriSign Messaging and Mobile Media, said, "Banks such as Wilmington Trust are coming to realize the benefits of utilizing the mobile channel. We look forward to helping... http://www.zibb.com/article/5500410/Wilmington+Trust+Selects+VeriSign+to+Power+New+Mobile+Banking+Services
Banks must boost security to drive online banking - Security Strategy - Breaking Business and
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European banks warned: brace for rise in cash machine fraud | ITworld
Reuters launches corporate instant messaging - Desktops - Breaking Business and Technology News at
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Trade commission website encourages ID theft rule compliance
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