Archive for tag: CoreTrac

‘One Man’s Creepy Is Another’s Targeted’: Data-Privacy Gray Areas

November 3, 2014

By Penny Crosman About a year ago, a large North American bank discovered that employees throughout the organization were looking at the accounts of a famous athlete to satisfy their curiosity. To stop this behavior, the bank resorted to shaming — it circulated a report every day of all the people who had opened the […]

Apple Pay ‘no-data-collection’ isn’t a feature. It’s a problem

November 3, 2014

By Marc Freed-Finnegan & Jonathan Wall Apple’s attention to detail is legendary, especially when it comes to its product launches. So it’s safe to assume that Senior VP Eddy Cue chose his words carefully when he said this about Apple’s newly launched digital wallet Apple Pay: “We are not in the business of collecting your […]

Why bank branches are here to stay

November 3, 2014

Written by Banking Tech With digital solutions gaining popularity every day, McKinsey has suggested that once a credible digital-banking proposition exists, customer adoption will be swift and digital laggards will be left behind. There is a powerful economic argument here, with the research estimating that banks can remove 20-25% of their costs by leveraging this […]

The Emerging Role of the Chief Digital Officer

May 19, 2014

By David Dean and Todd Purcell, Ernst & Young at banktech The CDO should be a champion for growth and innovation. Over the past two decades, technologies have significantly transformed the business landscape, and developments in the digital space are moving forward with exponential speed. Surprisingly, however, the financial services industry has been slow to […]

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