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Wema Bank is not high on the international banking radar. But the Nigerian bank's hiring of Infosys this summer to develop a brand new multichannel information technology infrastructure to enable faster product delivery, digital banking and transaction consistency is the perfect example of how the tech company is digging deep into its entire tech bench to weather a tough market.
October 12 -
The authors write that they see a level of comfort with moving applications like email and CRM into the public cloud while maintaining critical data in the watchful eye of the private cloud.
October 12 -
In payments, value depends heavily on the number of participants in a network.
October 12 -
Bank risk-technology spending across credit, market, and operational risk domains, with just a few exceptions, is forecasted to be between $54 billion and $60 billion in calendar year 2011.
October 12 -
Top 100 Companies in FinTechPublished October 12, 2011
October 12 -
Top 25 Enterprise Companies in FinTechPublished October 12, 2011
October 12 -
These companies made large jumps up or down in our FinTech rankings in 2011. We provide clues as to why.
October 12 -
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These companies made large jumps up or down in our rankings in 2011. We provide clues as to why.
October 12 -
No matter how rewarding a credit card is, redeeming points is typically a clunky processs. To date, the lone island of simplicity in this sea of confusion has been with JPMorgan Chase and American Express, which allow cardholders to use points as easily as dollars when shopping on Amazon.com. Now, Discover is joining the movement.
October 11 -
At the BAI Retail Delivery Conference, executives at Extraco Banks in Temple, Texas share how using cash recyclers, modern teller software, check imaging and "intelligent" ATMs is improving customer service and branch efficiency.
October 11 -
U.S. Bancorp said Tuesday that it has launched a new iPhone app that lets its retail partners offer instant credit to their customers.
October 11 -
Bremer Bank in St. Paul, Minn., will upgrade its current Fiserv online banking platform to Corillian Online and add CheckFree RXP for electronic bills and payments.
October 11 -
Mitek said Tuesday that it released a new version of its mobile check deposit product and that it has appointed Russell C. Clark as chief financial officer.
October 11 -
Banks that can't offer enticing interest rates may want to take a gamble on a startup's system for pooling interest payments in a giveaway model that, to some, looks too much like a game of chance.
October 11 -
Online account opening provider Andera Inc. announced Tuesday that it has acquired oFlows Inc.
October 11 -
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The new iPhone app combines some introductory personal finance elements with an aggregation service that borrowers can access remotely.
October 7 -
Former Bank of America Corp. executive Sallie Krawcheck will receive $6 million after leaving the bank following a management reshuffle last month.
October 7



