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Next-Generation RDC: The Small Business Market Heats Up

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Written by Carol Cassil   
Thursday, 24 April 2008
arexpress_photo.jpgBy Deborah Matthews, AAP, Director of Sales Support,
ProfitStars, a Division of Jack Henry & Associates


Despite the initial hype characterizing remote deposit capture (RDC) as a “fast track to the information superhighway,” financial institutions that were early deployers of RDC typically were slow to roll out the new technology to their customer bases.

Most institutions adopted a cherry-picking strategy, selecting only their well-established, solid businesses as targets. But the times, they are a-changing.
Last Updated ( Thursday, 24 April 2008 )
 

Portable Storage Threatens Your Bank's Data

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Written by Aiden Michaels   
Friday, 14 December 2007
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Where is your data going? Portable Storage threatens Your Data's Security.

A recent survey in Business Week says that 50% of CIO's are concerned with the growing threat from portable storage.  From iPods to thumb drives these devices are posing a real threat to your network security.  We will look at policies and procedures and what to do when words just aren't enough.  What products can protect your data and what steps can be taken to secure your desktops.

Last Updated ( Thursday, 17 January 2008 )
 

The 2015 Banking Paradox Approaches - Is your bank ready?

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Written by Aiden Michaels   
Friday, 10 August 2007
dollar_sign.jpgThree years ago IBM wrote a study entitled "The paradox of Banking 2015: Achieving more by doing less" (complete article).  In this article a simple question was posed - "Will future customers still need banks?".  It basically concluded that the outcome was totally dependant on the banks themselves.  New technologies to safeguard and manage finances, customers will only continue to depend on banks as long as banks can provide service and value that cannot be found anywhere else.

A recent study by Unisys found that 71% of UK consumers don't trust their bank.  The reasons most cited included: disrespectful attitudes, weak IT (such as web sites), poor corporate governance and a lack of investment in the local community.

Now in 2007, two years after the fateful 2015 prediction, IBM states that a growing number of consumers are becoming more and more mistrustful of their financial institutions.  In a new twist on the issue, the trend is increasing in younger generations of consumers - (Gen Y) heard of them?  This is quickly threatening banks' long established position of trusted financial advisers. 

What are you going to do about it?  How can your bank survive in the year 2015?
Last Updated ( Thursday, 17 January 2008 )
 

Web 2.0

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Written by Aiden Michaels   
Friday, 03 August 2007

Implementing Web 2.0 for Banks

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In today's high paced and high energy world, banking is quickly realizing the need to keep in step. Several articles have surfaced regarding the need for banks to begin using the newest Web 2.0 technologies. Bank's have never been known for keeping up on web technologies and the need for such programs such as RSS, Wiki's, Blogs and more is becoming more apparent. 

The first question is how can my bank use Web 2.0?


Initiating new technology interfaces is always a challenge to a financial institution. Often bank websites are static with no changing content. The most exciting thing most bank's offer is a "local weather" image on their home page. Trying to incorporate such technology often leads to frustration, confusion and depression. So, let's take a look at a couple of the items mentioned in these articles, what you can do, and how Bankwide can help.

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Last Updated ( Thursday, 29 November 2007 )