Banks Return to Revenue- Generating IT

October 2010
Bank Technology News;Oct2010, Vol. 23 Issue 10, p1
Trade Publication
The article reports on the shift of banks to more strategic projects like modern-architecture deposit systems in the U.S. Karl Keirstead, analysts at Kaufman Brothers, states that banks have found great leverage to renegotiate cost and terms, lengthening projects and driving down overall pricing in the industry. Moreover, banks have looked at new systems development and improvement to customer channels.


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