New Credit Report Digs Deeper Into Payment History
1/9/2012
The ranks of credit scoring tools that tap alternative consumer data is getting longer, with the introduction of CoreScore from Corelogic Credco. The report includes bill and rental payment data in addition to traditional credit tradelines. While the data and...
Connecticut Considers Combined ID/Debit Card
1/6/2012
Following along the lines of some universities, a Connecticut city has decided to fund a study to determine if they should add debit card functionality onto the ID card they issue to all city residents. The Elm City card was...
Bank of America Takes Another PR Hit
1/4/2012
Bank of America has become, in some respects, a poster child for bank bashing, and it happened again this week, beginning with a report in the Los Angeles Times that opened "Bank of America Corp., under pressure to raise capital...
True Cloud Banking
1/4/2012
Banks need to move beyond private cloud banking if they are to capitalize on the financial benefits and new business models offered by cloud computing, argues Gartner analyst Peter Redshaw.Speaking to a group of banking CIOs and IT leaders at...
Social Network Data May be Included in Some Bank’s Risk Metrics
12/22/2011
Financial institutions are finding value in the information on social networking sites like Facebook and Twitter.“In the last year or so, financial institutions have started exploring ways to use data from Facebook, Twitter and other networks to round out an...
MasterCard and Microsoft Partner to Serve Small Businesses
12/20/2011
By joining the MasterCard Easy Savings Program, Microsoft customers will receive a 10 percent rebate when they use a MasterCard small business card to purchase Office 365, a cloud based service that provides access to email, documents, calendars, and contacts....
Managing Complexity - Living with Legacy Systems
12/20/2011
For as long as anyone can remember, the financial technology world has had to get to grips with the problems caused by the plethora of legacy systems in use in most organisations.Banks have always been heavy users of technology, but...