Last updated July 15, 2008

 

Banking Articles


LabMorgan CTO Ameet Patel

"Financial services is typically the first industry segment that gets the first usage of emerging technologies... We’re looking not only for using the technology but for investment opportunities ." article

Post-Merger LabMorgan: Combined E-Com Unit Still in the Hunt for Innovative Technologies
Before completing their high-profile merger just after the first of the year, both Chase Manhattan and J.P. Morgan responded to the growing possibilities of electronic commerce by creating in-house divisions dedicated to finding, investing in and sometimes spinning off promising technology companies.
E-Securities (October 2001)

U.S. Brokerages and Banks Push to Close Wireless Cash Gap
According to a new report by Celent Communications, the total number of people worldwide who transfer money using wireless devices is expected to increase from 4.6 million today to 60 million by 2004.
Computerworld News (January 2001)

Tech revolutionizes Russia's Central Bank
Using satellite communications to bridge 11 time zones, the Russian Central Bank has crossed the digital divide into the 21st century.
Computerworld Feature (April 2001)

Citigroup Opens Online Brokerage
Citigroup launched its online brokerage last week. Called CitiTrade, it's a stand-alone brokerage - but may be coming too late to a crowded market where online brokers are starting to offer everything from soup to nuts.
Computerworld News (November 2000)

Top Banks Launch Joint Site for Corporate Clients
Seven of the world's leading investment banks have announced plans to launch a joint financial information Web site for their institutional clients.
News September 2000)

Financiers Aim to Unify XML Standards
A new financial services industry group is trying to weed through two dozen existing XML-based financial standards to come up with one universal lexicon.
Computerworld News (July 2000)

In Internet First, Wells Fargo Sued Over Alleged Racial Text on Site
Wells Fargo is re-evaluating its "Community Search Service" partner after a national community organization sued the company over what it called "explicit racial classifications and racial stereotypes of neighborhoods" at the end of June.
Computerworld News (July 2000)

J. P. Morgan IT Exec Loosens Grip on Services
The fast pace of technological change is causing many companies to rethink their businesses. At J. P. Morgan, Veronique Weill is doing that type of thinking. And her thinking is: J. P. Morgan should be managing assets - not technology - so it is outsourcing with the Bank of New York.
Computerworld News (July 2000)

Chase sues mortgage vendor for $20M-plus
Chase Manhattan's mortgage unit alleges that online mortgage software developed by embattled Mynd Corp. was delivered late and didn't perform as the vendor promised it would.
Computerworld News (May 2000)

Banks Offer Fractional Stock-Buying Service
Wells Fargo, Safeco Insurance & Life and a number of other financial service institutions are rolling out a service that lets their customers buy fractional shares of stocks - at $1 or $2 per transaction.
Computerworld News (May 2000)

Big names back new XML-based financial standard
The world's top financial institutions have formed a consortium to promote an XML-based standard for exchanging financial data over the Internet.
Computerworld News (April 2000)

Bank to launch Web-based foreign exchange service
Barclays, Charles Schwab team up to offer online currency trading -- but U.S. investors will have to wait.
Computerworld News (March 2000)

FTC Moves to Protect Financial Data Privacy
Companies are warning investors of possible fallout from privacy regulations proposed by the FTC, but privacy advocates say the regulations don't go far enough.
Computerworld News (March 2000)

 

Maria Trombly can be reached at 011-86-21-6387-7243 or by email at maria@trombly.com