Banks must look beyond stamps or movie tickets to drive value from advanced functionality. The key to increasing ATM value lies in providing higher levels of service and convenience, through both end-to-end deposit processing and personalized customer relationship management. Although ATMs remain one of the most critical channels in a...
New TowerGroup Research Director in Delivery Channels Practice Examines Need for Enterprise-Wide Currency Management NEEDHAM, Mass. -- As financial institutions struggle to strike a balance between meeting customer demand and keeping costs down, new research from TowerGroup urges institutions to take a fresh look at their currency management...
Advent Software, Inc. (NASDAQ: ADVS), aleading provider of software and services for the investment managementindustry, announced today that it will host an event in Boston next week tofocus on the top business drivers in the investment management industry andtools for managing those trends to achieve higher levels of productivityand enhance...
NEEDHAM, Mass. -- More than 100 million consumers living in the United States today are considered "unbanked," "underbanked," or credit underserved, and often rely heavily on nonbank providers of financial services to conduct their financial transactions. Despite various regulations enacted to provide banking services to a broader range of consumers,...
NEEDHAM, Mass. -- In June 2008, the U.S. Securities and Exchange Commission released a proposal to reclassify the annuity products referred to as fixed indexed annuities or equity indexed annuities indexed annuities as securities. New research from TowerGroup finds that this proposal has far-reaching implications for the insurance companies and...
New TowerGroup Research Director in Global Payments Practice Examines Evolutionary Decline of Check Volumes NEEDHAM, Mass. -- Paper checks are in decline, but they remain an important part of the US payments landscape, primarily because of the continued challenges in making and receiving electronic business-to-business (B2B) payments. New...
NEEDHAM, Mass. -- With rapid growth in trade volumes demanding that workflow become more efficient and effective, order management system OMS applications have an increasingly critical role to play in the asset management business for traders as well as portfolio managers and operations staff. Based on new...
CARY, N.C. -- SAS, the leader in business intelligence and predictive analytics, continues its commitment to the financial services industry by forming the SAS Capital Markets US Practice. This new division will develop strategies to leverage existing revenue, expand current client relationships and cultivate new revenue streams...
New TowerGroup Research Director in Retail Banking Practice Examines the Evolution of the Bank Teller NEEDHAM, Mass. -- Financial services institutions will soon be forced to redefine the "classic" role of the bank teller, thanks to the decreasing number of teller transactions per year, advances...
It is not new that English is the global language for business. What is new, however, is the pace of globalization, which is making cross-border commerce, acquisitions, and exchange of best practices more common, and the need for English proficiency more vital throughout organizations. In the past, large...
NEEDHAM, Mass. -- US financial institutions are devoting enormous amounts of resources to retirement income planning, spending millions of dollars on advisory tools, income-focused products, and marketing. However, many firms are struggling to find a way to launch effective and profitable retirement income programs, particularly those targeted...
NEEDHAM, Mass. -- A new crop of nonbank online personal finance sites combining traditional account aggregation services with Web 2.0 concepts is garnering considerable attention from the media and gaining users. The sites provide a novel approach to aggregating and managing multiple aspects of an individual's financial...
June 26th, 1:00 PM Eastern DENVER -- Valen Technologies, the turnkey predictive analytics experts for the property and casualty (P&C) insurance industry, has joined forces with Fiserv Insurance and TowerGroup to offer the insurance industry a webinar titled: Soft Market Underwriting Analytics: Help When History...
MasterCard MoneySendTM will be offered to MasterCard issuing banks through the Obopay mobile payment service PURCHASE, N.Y., June 19 /PRNewswire-FirstCall/ -- MasterCard today announced an agreement with Obopay, Inc. to offer a fully-integrated on-demand person-to-person mobile payment service in the United States. The service,...
Goldman Sachs has once more escaped the deteriorating financial market conditions relatively intact, as it beat analyst expectations in the second quarter to post a $2bn (1bn) profit, a day after rival Lehman Brothers confirmed its first quarterly loss as a public company. ...
Nation's Foremost Industry Leaders to Discuss Fraud and Compliance Strategies BOSTON -- Norkom Technologies, the leading provider of financial crime and compliance software to the global financial services industry, today announced that it will hold its annual North American Executive Client Forum at the Boston...
MobiSecure Wallet and Vault Now in Use by Major Healthcare and Financial Services Enterprises for Any Time, Anywhere Convenience TORONTO -- Diversinet Corp. (OTCBB:DVNTF), a leading provider of wireless data security infrastructure products and services, today launched MobiSecure[TM] Wallet and Vault, the company's first commercially...
TowerGroup Examines 'Enterprise Intelligence' As Strategy for Institutions to Better Unite and Leverage Business and Customer Intelligence NEEDHAM, Mass. -- Significant gaps across enterprise business intelligence have contributed to the meltdown in the financial services industry. The industry continues to struggle with increasing...
NEEDHAM, Mass. -- The operational processes that support the both lucrative and risky asset class of OTC (over-the-counter) derivatives are opaque and inefficient - a situation unacceptable to both dealers and the Fed. New research from TowerGroup explores the pressure mounting on the industry to move toward...
Fair Isaac Corporation (NYSE: FIC), the leadingprovider of analytics and decision management technology, and Memento,Inc., a leader in fraud and compliance solutions for banks and creditunions, today announced a strategic partnership to help financialinstitutions fight internal fraud. Under the agreement Fair Isaac willoffer Memento Security, Memento's award-winning fraud...
Articles 2008-06-09
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