Two years ago, IT executive Bob McMahon wondered why his highly-profitable employer, Bernard L. Madoff Investment Services, didn't replace antiquated systems with more modern and efficient off-the-shelf technology. On Dec. 11, 2008, when Madoff was arrested, he got his answer.

A close-up look at the IT infrastructure behind the Madoff affair.

Social engineering blamed as UK banks work to adapt to a sophisticated new fraud threat that begins with telecoms but leads to consumer bank accounts being drained of funds

The Spanish bank's successful deployment of Strands' online personal financial management tools validates robust PFM as a must-have for banks

ZL Technologies's suit against Gartner's Magic Quadrant holds a diligence reminder for banks

The small Houston bank is joining larger institutions like Bank of America in a hard push toward electronic processing

After years on the drawing board, addressable TV advertising is drawing buzz as a way to target consumers and make television ads more economical

For Citigroup's Michelle Erickson, reducing greenhouse emissions comes in a lot of flavors, including global virtualization, data center consolidation and a mobile device recycling program. But changing the behavior of employees is just as important.

Keeping tabs on the hiring, training and performance of BNY Mellon's 44,000 employees in dozens of countries around the world is too important to be left to local custom or interpretation, and too crucial to be sidelined even given the recession.

Video conferencing broadens access to tellers and other specialists

Verizon streamlines Manulife's network as it looks to get centralized and ready to handle acquisitions

year has tested every facet of the banking professional's knowledge and capabilities - CIOs included. The demise of many institutions, especially regional banks where IT staff is limited in size and resources, has exposed a new set of vulnerabilities in the IT infrastructure.