February 2006
Bank Technology News;Feb2006, Vol. 19 Issue 2, p12
Trade Publication
The article reports on several developments pertaining to bank technology as of February 2006. Banking regulators have relaxed rules prohibiting the sharing of information on suspicious-activity reports under the Financial Crimes Enforcement Network. A customer loyalty study released by Deloitte Consulting and the Consumer Bankers Association reveals that nearly half a bank's customers still rely primarily on branches, as opposed to 20 percent for online banking and ATMs. Customer relations tool provider Onxy Software rejected a merger proposal from Hong Kong-based CDC Corp.


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