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BANK tech-trends News
 

December 5, 2011 - December 9, 2011

Complimentary Webinar

Voice Recovery & Business Continuity Insurance

This program will educate and demonstrate how to comply with FDIC emergency preparedness guidelines by protecting the communications of your community bank in the event of a communications outage. This new, easy-to-use technology ensures restoration of incoming calls and faxes soon after a natural disaster or other telecom outage. The service is affordable for large or small banks, and satisfies all FDIC compliance requirements for communications emergency preparedness.


What You Will Learn:

- How to rapidly recover from outages
- How to regain complete control of incoming calls and faxes
- How to reroute up to thousands of phone numbers in minutes or even seconds
- How to broadcast recorded messages to small or large groups of people

Who Should Attend: This program will benefit senior managers, IT Directors, VPs of Operations, and anyone at the bank who is interested in telecommunications, disaster recovery or business continuity.

Presented By: Telecom Recovery is an industry pioneer in the rapid recovery of communications after a telecommunications outage, with a unique focus on the restoration of the incoming calls to existing phone numbers.

Date: Schedule a 30-minute live demonstration at your convenience that could one day save your business. If this isn't the easiest to use, most affordable, and most powerful inbound telecom disaster recovery system that you have ever seen, we will send you a free gift - seeing is believing!

To Register: http://www.banktt.com/webinars.htm  
 

~ This Week's News is Sponsored by MARQUIS Software Solutions ~

Please contact John Kassing @ johnk@gomarquis.com, or call 800-365-4274 to learn more about MCIF, referral tracking or CRM solutions that you can and will actually use!

 

Hardware News

Intel is giving new life to its Pentium processor for servers, and has started shipping the new Pentium 350 chip for low-end servers. The chip is targeted at microservers, which are low-power, compact servers for Web serving and content delivery services. Intel already offers Xeon E3 chips and is soon expected to launch new chips based on Atom for microservers.

Advanced Micro Devices' first branded desktop system memory modules, called AMD Memory, will be available in North America through major retailers. AMD has been supplying and validating memory for AMD Radeon graphics cards for several years, and saw an opportunity to add system memory to its product line. The company stated that they want to "take the guesswork out of DRAM selection, providing an easy and straightforward experience when looking for the ideal match for PC needs."

Hardware Section Sponsored by
MVi

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Software Updates

Ipswitch released IP Address Manager (IPAM) which features the ability to automate the discovery of IP spaces. IP Address Manager saves time and helps eliminate human errors associated with updating home-grown databases or spread sheets. The software includes the ability to:

- Discover your IP space quickly and centrally; identify free and in-use IP addresses
- Know IP address utilization; locate duplicate IP addresses
- Categorize discovered devices automatically
- Find an IP address using its hostname, status, or MAC address

Fueled by nearly ubiquitous image exchange adoption and the increasing cost of processing paper checks, Celent states that 89% of US financial institutions now have branch capture solutions completed or in progress. As traditional paper check processing infrastructures are dismantled, distributed capture models will become a practical necessity among the remaining institutions. The Boston-based research firm expects that 98% of US financial institutions will have implemented branch or teller capture solutions across some or all branches within the next three years.

 

Software Section Sponsored by
Raddon Financial Group (RFG)

 

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ATMs/Kiosks

The ATM Industry Association announced the publication of a security paper titled "The Ten Immutable Laws of ATM Security," modeled after Microsoft's "Ten Immutable Laws of Information Security" and updated to address current software and security systems threats. For more information about the paper, contact Mike Lee at mike@atmia.com.

Talaris announced the launch of Nsignia, its latest banknote sorting machine, which handles the valuation, verification and classification of cash. The company says that the new machine can effectively deal with soil, stains, graffiti, inkwear/de-inking, tears, holes, mutilations, repair (tape) and cornerfolds. The Nsignia has a speed of 600-800 notes per minute, with three output pockets delivering "three way sorting" at a single pass. In action, this means that bad notes can be physically removed for further evaluation without stopping processing.

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Wireless World


MasterCard and mFoundry announced a collaboration and investment that will combine MasterCard’s Tap & Go PayPass technology with mFoundry’s mobile financial services platform to make mobile contactless payments more accessible to more consumers. The companies said that the partnership will help open up more options for MasterCard cardholders to take advantage of mobile PayPass, giving them greater flexibility in choosing how they use their mobile phones for payments.

Inside Secure announced a technology innovation that allows an NFC (near field communications) card emulation solution to fit into a standard SIM card form factor and still achieve industry-standard four cm proximity transaction performance. The INSIDE technology innovation is able to achieve this performance even when operating from inside a mobile phone by significantly reducing the effects of the metals and electrical noise typically found within these devices.

According to a report by Celent, financial institutions should support NFC development to guarantee that their role in the future of mobile payments is instrumental. It warns that FIs that spurn full support for NFC could risk having their relationships with merchants taken over by alternative payment players such as Square and PayPal, leaving banks little more than funding sources.

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Security Section


Tufin Technologies' 2011 Firewall Management report found that most organizations are still struggling to keep tabs on their firewall operations and changes in the network that require writing new firewall rules. They found that half of the surveyed admins are still doing basic tasks manually, such as tightening up permissive rules, looking for shadowed rules or recertifying rules. Close to 30 percent say it takes them several hours to change a firewall rule, and some 66 percent say their change management processes leave their organizations prone to breaches due to lack of formal processes (56 percent) and manual processes with too many steps or people in the process (29 percent).

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Leaders Roundtable

Core Systems:

Growing the Community Bank with the Help of Core Systems


 
FIS - http://www.fisglobal.com
Read Patricia Valentino's comments:
Fiserv - http://www.fiserv.com
Read Mark Atchison's comments:

Harland Financial Solutions - http://www.harlandfinancialsolutions.com
Read Jennifer Roberts' comments:
http://www.banktt.com/roundtable/HFS.pdf


Fiserv - http://www.opensolutions.com
Read David Mitchell's comments:

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Technology and Marketing

FIS, a large provider of banking and payments technology, announced the launch of the ScoreCard Prepaid Rewards program. With ScoreCard Prepaid Rewards, consumers will now have the ability to earn rewards through prepaid card use. Cardholders accumulate ScoreCard Prepaid Rewards Bonus Points for every net dollar spent on qualifying purchases when their card is used for everyday transactions, as well as large purchases.

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Online Banking/E-Commerce/Website Design


MasterCard is collaborating with Western Union to improve the ease and convenience of using reloadable prepaid cards to transfer and spend money worldwide. The partnership will entail connecting MasterCard's processing network and Western Union's distribution network, which includes 485,000 global agents.

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Internet Access

Siemens Enterprise Communications announced that it has improved its OpenScape Office and HiPath 3000 UC Solutions with additional features designed to improve efficiency and mobility for smaller organizations. The company's UC suite upgrades include enhanced mobility, tablet client, Web collaboration capabilities and more flexible deployment options.

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Call Centers



Acqueon Technologies has released the latest version of its Acqueon iQ contact center solution, AiQ 4.0. The updated system gives contact centers the option to provide next-generation communication channels such as social media, texting, and chat in addition to voice and email. The AiQ 4.0 employs a universal work assignment engine instead of traditional skill-based routing which enables organizations to service and route their caller interactions to the right resources based the context of their current and past interaction history.

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