Category Archives: Banking Technology

5 Examples of Where Banks Have Missed the Mark with SOA

Oh the heady days of 2006 – when everything was possible and it seemed that by only adding one more layer of abstraction all problems would disappear. I’ve heard mixed reactions to SOA in financial services, but still believe in the approach.  I just think that many organizations believe that they have achieved a services… Continue Reading

The iBank of Apple: Arguments for and against Apple entering retail banking

Apple is now a major retail payments processor with 575 million iTunes accounts and one click payment capability.  That they highlighted this in yesterday’s worldwide developer conference is possibly a warning shot of sorts to the banking industry. Ok, I admit it – I am in pretty deep with Apple gadgetry.  I’ve got the iPhone,… Continue Reading

Banking Transformation Critical Success Factors: An Infographic

Doing all of these five things well will not guarantee success, but they will provide a solid footing for your program and avoid major structural challenges that will certainly lead to strife if not failure. This is the age of the infographic:  key information presented as clearly and quickly as possible.  Infographics force the message… Continue Reading

Revolutionary vs. Evolutionary – Complexity is Killing Your Bank Transformation

    I consider myself a Core Banking Transformation Expert. There is no school for it, no degree that can be obtained, and currently no regulating body to assign a designation and develop a body of knowledge. Expertise, in the case of core banking transformations, can, at this point, only be gained through experience. So… Continue Reading

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