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Featured Articles

  • ACI trying to be leaner leans on IBM

    Monday, September 08, 2008

    The payments software company ACI Worldwide, Inc. hopes to use a nine-month-old alliance with International Business Machines Corp. to modernize and streamline its offerings, an executive said.

  • Revolutionary system makes a quiet entrance

    Tuesday, July 01, 2008

    The UK faster payments initiative is expected to revolutionise the way consumers and companies do business, and yet it was launched in May with little fanfare. Charlie Corbett explores the impact of the new system and why the trumpets were muted.

  • Collaboration the key to combating crime

    Tuesday, April 01, 2008

    Fraudsters are becoming increasingly adept at sharing invaluable knowledge and tips online that will help them steal more and more money from financial institutions and their customers. There are forums and social networking sites designed to share the information needed to undermine banks’ risk management systems. However, while fraudsters have been sharing information and growing their sizeable profits through activities such as phishing, money laundering and ultimately, in some cases, identity theft, financial institutions have failed to follow their example and take a more collaborative approach to fraud prevention and detection. As the seamless movement of money cross-border becomes a reality with SEPA, banks must address their current fraud strategies and begin to work together in the fight against the crime.

  • ACI selects IBM as outsourcer

    Thursday, March 27, 2008

    The New York payment software provider ACI Worldwide Inc. said it has agreed to outsource some of its technology services to International Business Machines Corp.

  • The corporate view of SEPA

    Tuesday, March 25, 2008

    The financial services industry is facing greater scrutiny from shareholders, customers and regulators as a result of the credit crunch, and the subsequent losses reported by the majority of the big financial institutions across Europe. What isn’t yet known is where the inevitable budget cuts will have the greatest impact. One area that has been under discussion in the press is banks’ investments in IT.