Lenders Waiting For a Breather

Adams, John
September 2003
Bank Technology News;Sep2003, Vol. 16 Issue 9, p1
Trade Publication
Reports on the investment of Salem Five Cents Bank on technology in the U.S. Focus of the bank on improving its technology; Benefits of technology for the firm; Need for the mortgage lending of an increase in technology focus.


Related Articles

  • US banking: IT spend to reach $37.8 billion by 2006.  // MarketWatch: Global Round-up;July 2004, Vol. 3 Issue 7, p111 

    Reports on the improvement of the retail banking technology in the U.S. Alignment of the business and information technology (IT) strategies; Investment of the industry in IT; Response of the industry to profitability, regulatory and legislative changes.

  • Banks wasted millions on new channels. Huber, Nick // Computer Weekly;7/22/2003, p12 

    European banks have wasted hundreds of millions of pounds on developing multi-channel banking, and they may have to invest £300m in IT over five years before they see a reduction in transaction costs. Banks overestimated the benefits of the new routes to market and spent too much money on IT...

  • Japan Banks' Tech Spending to Top $11.8 Billion.  // Bank Technology News;Jul2003, Vol. 16 Issue 7, p18 

    Reports on the multi-billion dollar information technology investment of banks in Japan. Proportion of accounts to global banking assets; World Wide Web-based corporate cash management solutions; Bank insurance market.

  • Innovation Lacking? Burg, Pascal; Howes, Ken // Cards & Payments;Jan2006, Vol. 19 Issue 1, p48 

    The article reflects on the investment of financial institutions in technological innovation, more of a profit-driven than a global payments market enhancement in the U.S. It is understandably difficult to shift the risk-averse culture of a typical financial institution into innovation-focused...

  • SEI Investment adds PC-based planning tool. Hellauer, Brian; DuBay, Keith // American Banker;9/24/93, Vol. 158 Issue 184, p12 

    Reports on the addition of a personal computer-based financial planning tool for the banks by SEI Investment Services. Purpose of the tool; Names of the participating banks; Uses of the tool; Claims of the company officials on the tool.

  • Mutual fund suppliers step into cyberspace, despite concerns. Moore, Michael O'D. // American Banker;2/4/1997, Vol. 162 Issue 23, p7 

    Focuses on the information technology ventures by companies that supply investment products and services to banks. Features of concerns over problems with transacting on the World Wide Web; Features of the services offered by Liberty Financial Cos. through some subsidiaries' World Wide Web...

  • Nat City exec to speak at CrainTech event.  // Crain's Cleveland Business;12/15/2003, Vol. 24 Issue 50, p17 

    Cleveland, Ohio's largest public company has relied heavily on technology to boost its bottom line, and one of its top executives will share her company's experience at the next CrainTech breakfast at the City Club of Cleveland. Mary Ann Francis, senior vice president of corporate banking...

  • IT Budgets to Jump 30 Percent in Banking.  // IT Professional;Jan/Feb1999, Vol. 1 Issue 1, p70 

    Cites the result of a study pertaining to the capital spending of the banking and financial services industry in information technology. Reason for the increased technology investment; Increase investments in automated teller machines; Applications of information technology in banking and...

  • Banking Services Improvement through the Development of Service Technologies. Zaitseva, Tatiana V.; Buryakov, Gennady A.; Gornostaeva, Zhanna V. // Asian Social Science;Dec2014 Special Issue, Vol. 10, p151 

    The authors analyze the qualitative changes in the nature and orientation of modern society, which led to the emergence of the phenomenon of "customization" and analyze the features of a modern "service of civilization". The authors use the technique of ABC-and XYZ-analysis to assess the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics