Banks’ risk-avoiding trait of being lemmings not leaders has left the payments arena wide open for PayPal to build up its $27.5bn business. It seems unlikely that the banks will be able to catch up.By Chris Skinner.
Latest articles from Digital journeys
Spreadsheet risk
May 2, 2006Spreadsheets are vital tools for traders and banks’ back-office staff but their flexibility can weaken governance. Dan Barnes looks at the problems and the potential solutions.
Jim Krause
May 2, 2006Chicago Mercantile Exchange’s CIO is constantly monitoring the support technology of the US’s biggest futures exchange. The tech function has to cope with growing trading volumes and is also seen as a route to expansion. Dan Barnes reports.
Fortis casts its net far and wide
May 2, 2006Fortis chief executive Jean-Paul Votron tells Stephen Timewell how the bank is extending its reach through acquisitions, joint ventures and white-labelling – and plans to grow a global footprint.
US exchanges knock on China’s open door
May 2, 2006US exchanges are taking advantage of improving relations with China and clinching significant business deals. Jim Kharouf reports.
Success through SOA
April 3, 2006
CASE STUDY: WEBSTER BANK
When Webster Bank decided to move to SOA, it chose Fidelity National Information Services for the implementation.
Language matters for true integration
April 3, 2006SOA holds real promise of addressing the needs of technology managers and business managers, especially if there is a common web services grammar, says John Gordon.
Getting the CEO onside
April 3, 2006Without the buy-in of top management, SOA implementation is likely to fail. And management must understand it is not just a technology issue. Heather McKenzie reports.
End of the silo regime
April 3, 2006As multi-channel delivery becomes an essential part of global banking, the ability to take a unified view is essential – which is where SOA comes in. Rehka Menon explains.
Seamless experience
April 3, 2006SOA cannot address every IT problem and is not necessarily the way forward for all banks but there are some powerful motivations for banks to adopt it, not least of which is the ability to develop a seamless experience for customers. Wendy Atkins reports.