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Banking Articles

LabMorgan CTO Ameet Patel
"Financial services is typically the first industry segment
that gets the first usage of emerging technologies... Were
looking not only for using the technology but for investment opportunities
." article
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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)
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