Category Archives: Banking Technology

Banking’s Holy Grail – Knowing Their Followers

Relationships. The social media industry has been built on the human need to connect and maintain relationships. Connecting with friends, linking with colleagues, keeping them both up to date on where,when, and what we are doing, how we feel about it and who we did it with. Our identity can be, and is, validated by… Continue Reading

Banking Automation – the Good, the Bad, and the Ugly

Banking Automation – the Good, the Bad, and the Ugly

Automated origination methods came under fire recently in Canada where the practice of using an automated method to assist in (or to perform) property valuation assessments for mortgages is being challenged. The article claims that this automation method and a program (named Emily) has contributed to escalating home prices by using reference data instead of… Continue Reading

Major banking systems outages:  How to Recover, How to Avoid

Major banking systems outages: How to Recover, How to Avoid

Banking outages are not fun.  Customers without banking services are not happy.  The impact of a major systems outage is both direct based on deals not booked and services not provided and indirect — reputational.  I probably don’t need to spend much time convincing you that banking outages are unpleasant, so let me focus more… Continue Reading

Reducing Complexity with Magic Quadrants in Banking

I’m always amazed at the amount of faith placed in the content of Magic Quadrants. The identification, shortlisting, and selection of solutions based on an arbitrary position in the upper right hand quadrant has become a standard practice and an easy crutch in the “mitigation of risk”. The conviction that I have seen based on… Continue Reading

Skip to toolbar