TITLE

Latin American Banks Ramp Up Technology

AUTHOR(S)
Joelson, Daniel
PUB. DATE
August 2006
SOURCE
Bank Technology News;Aug2006, Vol. 19 Issue 8, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the capital investments into new core banking systems and enterprise-wide applications by banks in Latin America in 2006. The adoption of new banking technologies is prompted by political stability, greater economic growth and the wave of mergers and acquisitions among banks in the region.
ACCESSION #
22005843

 

Related Articles

  • Merging banks place premium on new technological services. Rademacher, Kevin // Inside Tucson Business;04/05/99, Vol. 9 Issue 2, p1 

    Reports on technological advances as a major factor in mergers in the banking industry of Tucson, Arizona. Consumer windfall in time-saving advances; Expansion of technology offerings; Arizona Bank's merger with Compass Bancshares.

  • GulfNet and Pulse set a wide-ranging partnership. Piskora, Beth // American Banker;2/28/1995, Vol. 160 Issue 39, p29 

    Reports on the alliance between electronic banking networks GulfNet and Pulse. Plans to work together on marketing, education, product development and research; Alliance as a step toward a merger of the two networks; Benefits derived by GulfNet members from the alliance.

  • Technology a key factor--but not the decisive one. Brokaw, Jeanne // American Banker;1/29/96, Vol. 161 Issue 18, p18A 

    Examines the role of technology in the outcome of bank mergers. Competition between First Bank System and Wells Fargo & Co. over First Interstate Bancorp; Role of technology in price negotiations; Bank of New York's acquisition of securities processing and custody businesses; Bank of Boston's...

  • Announcements.  // ABA Bank Marketing;Jan/Feb2012, Vol. 44 Issue 1, p5 

    The article offers information related to banking industry including the acquisition of SNL Financial LC with the Interest Rate Products of Datatrac Corp., the selection of Citizens Bank for the SilverLake core processing system of Jack Henry Banking, and the selection of Union Bank for the...

  • The development of a regional payment system in Central America: A step towards further integration and economic development. Dubón, Enrique García; Heinrich, Gregor // Journal of Payments Strategy & Systems;Sep2011, Vol. 5 Issue 3, p229 

    Closer cooperation between neighbouring countries has throughout the ages been part of their respective political agendas . In many regions of the world, the desire to create efficient economic spaces , and eventually perhaps even political union, has been one of the driving forces behind...

  • B of A Acquiring NPC. Kuykendall, Lavonne; Sundaramoorthy, Geeta // American Banker;7/14/2004, Vol. 169 Issue 134, p1 

    Reports that Bank of America Corp. has made a billion dollar deal to acquire National Processing Inc. Amount of money the deal is worth; Reason for the acquisition, such as the ability to offer a fuller spectrum of payment processing services to customers; Amount of volume in processing and...

  • Playing it cool. Bharath, Kaveer // Finance Week;5/3/2004, p13 

    Reports on the decision of the Chinese State Council to increase the capital requirements for fixed asset investments in China. Risk associated with the Chinese economic growth; Business benefit from the political shift; Factors influencing the drop in demand for commodities and products.

  • More Choices in Automated Loan Origination Products.  // Point for Credit Union Research & Advice;1/1/2007, p13 

    The article focuses on the rise of the popularity of automated systems within the banking sector in the U.S. Banks are spending a progressively greater amount of money for their origination systems, according to research from TowerGroup. In 2003, banks spent $1.34 billion on mortgage origination...

  • Economic Recovery Whets Latin Banks' Technology Appetites. Joelson, Daniel // Bank Technology News;Aug2004, Vol. 17 Issue 8, p17 

    Reports on the technology spending of banks in Latin America. Annual bank spending on technology; Economic and market conditions favoring increased bank technology spending; Bank investments in automated tellers; Focus of technology spending among banks.

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