Bank of America’s global head of technology and operations discusses the lender's technology priorities and explains how simplifying and consolidating its systems will enable future innovation and growth.
Latest articles from Fintech
How banks can make the most of data
June 1, 2012In the information age, banks have more data to cope with than ever before. But rather than prove a burden, this can be an opportunity to gain a genuine competitive advantage. John Morton, chief technology officer with business analytics and intelligence provider SAS UK and Ireland, explains how banks can make the most of the mass of information available to them.
The case for the defence: the protracted process to prevent cyber crime
June 1, 2012Given that the number of digital attacks is increasing every year, banks' virtual defences are surprisingly low-tech.
BNP Paribas keeps pace with digital revolution
June 1, 2012BNP Paribas has launched a series of online, mobile and social media to cater for increasingly tech-savvy consumers. The bank’s head of e-banking explains how its new digital focus has strengthened BNP’s relationship with its customers.
Shaping tomorrow: why innovation means breaking the rules
May 1, 2012Innovation starts by redefining the competitive battleground, as has been demonstrated so impressively by Apple. But are banks up to the challenge?
Federal Bank of India targets unbanked with safe, fast and easy payments
May 1, 2012A Surendran, a general manager and head of international banking with Federal Bank of India, tells The Banker about the bank's innovative payments strategy designed to improve access to banking channels and boost the provision of electronic transactions.
Data service redesign extends Bloomberg's dominance
April 2, 2012Bloomberg’s co-founder, vice-chairman and head of financial products and services talks about the recently launched redesign of the financial data and information provider's iconic terminals.
Banking in the 21st century: New? No. Improved? Yes
April 2, 2012In banking's brave new world, nothing is really new. However, it is better.
Ecobank expansion calls for core systems upgrade
March 1, 2012Ecobank's CEO Arnold Ekpe explains how the bank upgraded and centralised its core system across operations in 32 countries, boosting efficiency and saving money along the way.
A profit focus may leave banks behind in innovation
February 1, 2012With more innovative tools being introduced to banking, banks cannot afford to simply seek profits. If they do, they will get left behind.