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Congress Acknowledges Outdated Banking Laws
Following a previous TEC News Analysis on the security of financial transactions, Congress and the White House have agreed to put into place new legislation for

banking technology news  up-to-date Year 2000 era banking laws Currently, FDIC policy only encourages banks to perform information security audits. If a bank does decide to do an information security audit, the independent security auditor is hired by the bank which can create a conflict of interest. As well, today's banks are not qualified to decide which Information Technology consultants perform quality audits. Just because a consulting house is big name, and well-known, does not guarantee that they will perform an exhaustiv Read More...
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Documents related to » banking technology news


BroadVision and Bank of America Erect Enterprise as Portal Purveyors
BroadVision and Bank of America will create a new company to develop customized corporate portals. Hewlett-Packard and Amadeus will provide products and

banking technology news  recent study of online banking in The Economist. The study suggests that For many financial institutions the Internet is a double bind. Embrace it, and you may still find yourself losing business, or at least seeing profit margins dwindle. But ignoring it could be terminal. However, Freudian speculations and the momentum of a company with two million customers aside, we don't see much of immediate interest in this announcement. What it seems to translate into is that Bank of America has purchased BroadV Read More...
Facilities Management is Moving Forward with Technology
Information is one of the most valuable resources for facilities management departments, so it’s essential to have a process that lets you achieve full value

banking technology news  more integrated than simply banking on automated facility management systems backed by IT network. The long-term vision is that you’ll be able to control building operations based on preferences, criteria and business rules. Open standards are just beginning to evolve and will likely breakdown the silos between facility operations scoping up to elevator control starting from physical security. And the data from those systems are likely to be shared with other business departments such as accounting. Thi Read More...
Infor ION-izes its Open SOA Strategy - Part 2
Part 1 of this blog series started by analyzing a certain change of the guard and a related product strategy shift at Infor. Two late June 2010 news

banking technology news  Banking Software as Electronic Banking for System i , a new application designed to automate a company's inbound and output payments, as well as provide bank statement reconciliation with a customer's books. In terms of the external market, we continue to sell iSeries-based products to new customers. PJ: Is ION some lighter Open SOA, something new from scratch on the Microsoft stack, something in-between, etc.? Infor: ION is lighter in the sense that it has become more configurable from a deployment per Read More...
TEC Industry Watch: Enterprise Software News for the Week of August 13, 2012
SOFTWARE SELECTIONSSwiss investment bank UBS selects cloud-based Oracle’s Fusion Human Capital ManagementIndustry tags: Finance and Banking

banking technology news  Industry tags: Finance and Banking With extensive worldwide operations, UBS provides its clients with wealth management, asset management, and investment and (in Switzerland) retail banking. A cloud-based HCM solution indeed can be a good option, technically. Traditionally there have been concerns revolving around security and data ownership, which is especially the case for a Swiss financial institution. But as a long-term Oracle customer, USB has elected to deploy cloud-based application across all its Read More...
Case Study: Align Technology, Inc.
Planning to expand, Align@a medical device manufacturer@identified electronic document management as a vital component of growth. One goal was to reduce the

banking technology news  Study: Align Technology, Inc. Using Arena, Align experienced: - A reduction in change order cycle time from 22 days to 3-5 days - A $250,000 annual decrease in compliance administration cost - Three successful ISO 13485 audits. Source: Arena Solutions Resources Related to Case Study: Align Technology, Inc. : Document Management System (DMS) (Wikipedia) Case Study: Align Technology, Inc. Arena Document Management is also known as : Arena Document Management System, , Arena Automated Document Managemen Read More...
Technology Enablers for the Lean Supply Chain
Transforming an enterprise to a lean supply chain requires both enabling technology and discipline. By following some specific guidelines to extend lean

banking technology news  Enablers for the Lean Supply Chain Introduction As described in Moving Beyond Lean Manufacturing to a Lean Supply Chain , lean manufacturing can be extended beyond the shop floor and into other supply chain processes. To do this, companies must assess their production environment and supply chain activities. By keeping in mind some guidelines, a company can effectively transform the supply chain into a lean process. Integrating and Supplementing with Lean Lean functionality must be integrated Read More...
Triple Point Technology Acquires WAM Systems
Commodity value chain and supply chain planning (SCP) software apps merged yesterday when Triple Point Technology acquired WAM Systems. Triple Point is a global

banking technology news  Point Technology Acquires WAM Systems Commodity value chain and supply chain planning (SCP) software apps merged yesterday when Triple Point Technology acquired WAM Systems . Triple Point is a global provider of cloud and on-premises commodity management software that delivers advanced analytics for optimizing end-to-end commodity and energy value chains. Its solutions manage volatile commodity trading, procurement, enterprise risk management, logistics, scheduling, storage/inventory, processing, Read More...
EvolveWare’s S2T Technology
To date, the best option for discovering and extracting information from software applications has primarily been manual, with automation tools serving in

banking technology news  S2T Technology To date, the best option for discovering and extracting information from software applications has primarily been manual, with automation tools serving in support. These initiatives are tedious, long-term, and high-risk. Companies try to lower monetary cost by outsourcing such projects. However, the time to completion and risks remain unchanged at best. The solution? Automated documentation and transformation of software applications. Read More...
A Made2Manage Systems Customer Profile: The Story of Fuserashi International Technology, Inc. (F.I.T.)
Based in Cleveland, Ohio (US), Fuserashi International Technology, Inc. is a manufacturer of precision nuts, bushings, inner metals, piston blanks, and

banking technology news  Made2Manage Systems Customer Profile: The Story of Fuserashi International Technology, Inc. (F.I.T.) A Made2Manage Systems Customer Profile: The Story of Fuserashi International Technology, Inc. (F.I.T.) If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Made2Manage, the leading provider of enterprise resource planning (ERP) software and a broad range of services for manufacturers, and Fuserashi International Technology, Inc. (F.I.T.) , a Read More...
Blue Coat WebFilter Technology
According to Symantec, 40 percent of malicious attacks target your browser. With Web content threats quickly on the rise, there’s an opportunity for businesses

banking technology news  Coat WebFilter Technology According to Symantec, 40 percent of malicious attacks target your browser. With Web content threats quickly on the rise, there’s an opportunity for businesses to enhance their Web filtering strategies. Enforcing appropriate use policy and providing robust Web content security, however, requires a dynamic filtering solution that can mitigate a variety of content security threats—not only today but in the future as well. Read More...
SGS Technology Group
SGS Technology Group is a division of Schmitt, Griffiths, Smith & Co., LLC. At SGS, we use proven methods to reach proven results. We are experienced and well

banking technology news  Technology Group SGS Technology Group is a division of Schmitt, Griffiths, Smith & Co., LLC. At SGS, we use proven methods to reach proven results. We are experienced and well trained to deal with all of your accounting and human resource/payroll systems needs. We provide consistent client satisfacton by using experienced professionals. We will plan and design the best software and implementation for your company. High quality training and certified technical support help ensure a solid transition. Our Read More...
14 Ways Web-based Technology Can Change Your Franchise
In a business and technology environment that evolves faster all the time, a key challenge for franchise operators is to continue finding ways to improve. Some

banking technology news  Ways Web-based Technology Can Change Your Franchise In a business and technology environment that evolves faster all the time, a key challenge for franchise operators is to continue finding ways to improve. Some recent advances in the architecture of Web-based business tools have major consequences for franchise operators. Find out more. Read More...
Flowring Technology Corp.
Flowring has devoted to BPM total solutions for years. The complete solution underlying the process-orientated information system leads enterprises operation

banking technology news  Technology Corp. Flowring has devoted to BPM total solutions for years. The complete solution underlying the process-orientated information system leads enterprises operation under control in real time and offer approach to run their own business much more efficiency and flexibility. With the most advanced business process management technologies available, Flowring’s BPM solutions give companies the ability to anticipate, react, and execute faster and better than the competition they meet. Read More...

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