TITLE

NEWS MAKERS

PUB. DATE
November 2004
SOURCE
Bank Technology News;Nov2004, Vol. 17 Issue 11, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on various developments related to banks and banking. Bank of America is beginning to deploy 180,000 Cisco Internet Protocol telephones throughout its 5,800 banking and enterprise centers in 29 states and the District of Columbia. The deployment, in phases over the next three years, also includes help from systems integrator EDS. The bank will employ a single centralized, IP-based call control system that officials say will significantly cut operational and telecom costs and hike employee productivity. In another development, MBNA has announced that it will become the first U.S. financial institution to issue American Express-branded credit cards.
ACCESSION #
15020718

 

Related Articles

  • ID Theft Should Be Addressed By the Industry, Not Congress. Marquis, Oscar // American Banker;9/13/2002, Vol. 167 Issue 176, p9 

    Reports on measures adopted by financial institutions to counter identity thefts related to credit cards in the United States. Use of magnetic strips and holographic logos by banks to check misuse of cards; Strategy adopted by criminals to commit frauds by evading safeguards; Fraud detection...

  • CNY banks 'Discover' new options for debit cards. Spohr, George // Business Journal (Central New York);12/3/2004, Vol. 18 Issue 49, p3 

    The article reports that Central New York banks may soon begin offering Discover and American Express-branded debit cards for the first time. The U.S. Supreme Court last month said Visa and MasterCard engaged in anticompetitive practices in the late 1990s, when they blocked other companies, such...

  • Will e-commerce reverse card fraud trend? Orr, Bill // ABA Banking Journal;Apr2000, Vol. 92 Issue 4, p59 

    Discusses the problems faced by the banking industry regarding credit card fraud in the United States. Statistics on card fraud; Analysis of Internet fraud; Impact of card fraud on the banks' revenue; Management approach to electronic-commerce fraud.

  • Bucking trend, card issuers scramble for employers. SOUCCAR, MIRIAM KREININ // American Banker;10/15/1998, Vol. 163 Issue 198, p1 

    Focuses on employment frills provided by credit card companies in the United States in an effort to overcome labor shortage. Factors attributed to the labor shortage; Possible sources for qualified employees; Bank One Corp.'s decision to retain First Chicago NBD Corp.'s credit card facilities...

  • Dissecting Issuer Accounts.  // CardLine;1/1/2010, Vol. 10 Issue 1, p39 

    The article offers information on the business performance of credit card and money lending institutions in the U.S. As stated, in 2009, amid federal aid, the credit card and consumer lenders issued similar amount of asset-backed bonds as they did in 2008. Reportedly, American Express Co. (Amex)...

  • Good Year for Prime, Superprime Portfolios.  // American Banker;1/6/2004, Vol. 169 Issue 3, p17 

    The pretax return on assets for prime and superprime credit card portfolios in the U.S. reached a 15-year high of 4.40% in 2003. So says Robert K. Hammer, a card industry investment banker who started tracking these statistics in 1988. The results were 20 basis points higher than the 2002...

  • ONLINE AND MOBILE BANKING DOMINATE BANKS' PLANS.  // CardLine;5/16/2008, Vol. 8 Issue 20, p19 

    The article reports that according to a study by Aite Group LLC, more U.S. banks will offer online banking and mobile banking in the future. It is stated that the decision has been undertaken to increase sales instead of creating more conveniences for current customers. The study also reveals...

  • Banks Can't Afford to Lose Unbanked Generation Y. Bomser, David // American Banker;6/10/2010, Vol. 175 Issue 89, p13 

    The article discusses the importance to financial institutions of attracting more customers from Generation Y. Observing that at some point in the future Generation Y will control a majority of financial assets in the U.S., the author stresses that banks can do a better job of appealing to this...

  • California CUs Vent Frustrations With State Regulator. Carlson, Tina // Credit Union Journal;9/24/2001, Vol. 5 Issue 38, pN.PAG 

    Provides information on the highlights of a staff training event hosted by the U.S. Dept. of Financial Institutions for credit unions and banks. Concern about the credit union state charter request backlog; Consequences of government hiring freezes.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics