The Moscow Social Card is being used as a pilot to measure the added value of dual interface smart card technology, combining credit/debit and social payments applications on a single card. Wendy Atkins reports on the scheme.
The role of the chief information officer has evolved to take on responsibility for many facets of a company. Parveen Bansal talks to Capital One’s Gregor Bailar about this transformation.
ALMA is concerned that some of the IASB’s proposals are not in linewith practice in its member banks and may be too difficult to implement.
Is wireless banking doomed? Not at all, says Chris Skinner. With WAP technology expected to enjoy a resurgence and the launch of the next generation of wireless technology, banks should soon see an upturnin demand.
Parveen Bansal talks to Oracle’s Andrew Derrer about the new astrology that will lead to change in IT in the financial services industry. Banks that square up to these challenges will have positive horoscopes, he predicts.
Cost and business intelligence have been behind firms’ resistance to change legacy systems but, as Parveen Bansal reports, platform replacement may prove to be a cost-saving long-term option as new, cheaper alternatives are developed.
Banks are busy deconstructing in the face of competition, outsourcing key processes in the search for higher efficiency and lower costs. Chris Skinner wonders whether they will end up becoming shells of their former selves.