June 30, 2009 @ 01:39 PM | By Maria Bruno-Britz
Sometimes I just run across something that makes me go, “Hmm.” In this case, it was the editor’s note from a sister brand’s e-mail newsletter, Dr. Dobbs Update, which is produced by the makers of technology resource Dr. Dobbs.
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Consolidation of Bank Tech Companies Was Pretty Much a Non Event in 2008
June 30, 2009 @ 10:00 AM | By Art Gillis
Let the stats speak to you. For the past 16 years, vendor consolidation was the place to be if you enjoyed the dynamics of “Who do you work for today?” The leader was Fiserv with 152 acquisitions. The average during that period among all bank tech companies in Automation in Banking, was 23 per year. Last year there were nine. One year was even lower than that with seven.
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A Dose of Transparency Crucial to Rebuilding Bank Trust
June 29, 2009 @ 09:26 AM | By
By Ashok Vemuri, Infosys Technologies
Though you wouldn’t know it from reading today’s headlines, America’s banking history is one littered with a number of principled and driven personalities who went to any length to maintain the public’s faith in the financial system as a whole. In October of 1907, John Pierpont Morgan rounded up a consortium of his contemporaries to stem a potentially disastrous run on the Trust Company of America. Personal wealth was pledged, handshake agreements were made and kept, and in the end confidence in the United States’ banking system was restored—at least for the time being.
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