Retail Banking: From Processing Silos To Hubs - Banks Stand To Lose Huge...

The Banker;  September 1, 2005 ;     700+ words ...Banks are facing a raft of challenges - new regulations, lower...gone live with its own internet, SWIFTNet, to more than 7500 banks. Real-time banking, with new processing efficiencies, has...EU directives, such as the Single European Payment Area. Banks enjoy their use of funds, especially in the UK, where ...

Top ten mistakes made by banks

Kentucky Banker Magazine;  October 1, 2002 ;     572 words ...Banks across the country continue to founder with their customer...with business customers, the same excuse cannot be made for banks' continual gaffes in serving branch customers, according to one industry expert. "Banks' focus should be on each individual customer," said Charlene...

Banks stand accused of `ripping off' customers

The Independent - London;  September 18, 1999 ;     619 words ...BANKS ARE fast taking over from supermarkets as public enemy number...rip- off Britain" wave of outrage against the high street banks with a survey showing many products they try to arm-twist...elsewhere. Customers are increasingly angry over the tendency of banks to impose charges out of the blue for ...

Issues and obstacles still exist for on-line sales by banks.(Insurance in...

National Underwriter Life & Health-Financial Services Edition;  November 17, 1997 ;     700+ words ...As banks begin to extend their electronic marketing...insurers fear the Internet will give the banks a substantial advantage in the race for customers...marketing experience appear to give many banks a significant competitive edge in offering...

The banks' pay-back obligation

The Boston Globe;  May 22, 1991 ;     536 words ...Banks are required by federal law to help meet the credit needs...home-improvement loans, as has been the case in Boston. The banks would do well to refinance these loans to keep these people...of Globe stories is that instead of dealing directly with banks, some homeowners were gulled into taking the loans ...

Red-lining. (disaffection with lending practices of banks) (American...

The Economist (US);  July 22, 1989 ;     559 words ...Banks Red-lining ON JULY 19th the mayor of New York, Mr Ed Koch, announced that he will withdraw the city's money from banks that--as he puts it--discriminate against poor districts...picking up a rising disaffection with the lending practices of banks. Much of this concerns red-lining , the drawing of a ...

Up, up, and ... up?(survey and forecast of community...

ABA Banking Journal;  March 1, 2000 ;     700+ words ...Community banks managed to turn in yet one more good year...ABA Banking Journal. In all, 133 community banks responded to a mailed survey that went to...Conferences for Community Bankers. In all, 108 banks, 81.2% of the sample, said 1999 yearend...

Banks and technology: cure-all or snake-oil?

The Economist (US);  October 3, 1992 ;     700+ words ...Banks rushed enthusiastically into modern technology. They have...because information technology (IT) has been a headache for banks of all descriptions. They have spent heavily on it, for it...business of non-bank competitors. All this explains why many banks are re-thinking how they use IT. Thanks to the ...

Banks get cautious with home lending

Sunday Star-Times;  June 20, 2004 ;     501 words ...BANKS ARE tightening their lending criteria as the housing boom...valuations fall and interest rates continue to rise. Where banks once lent up to 80% of the value of inner-city apartments...now often prepared to lend no more than 50% of the value. Banks are also taking a more cautious approach to lending ...

Banks eye insurance products. (Insurance Marketing Review)

National Underwriter Property & Casualty-Risk & Benefits Management;  August 20, 1990 ;     700+ words ...Banks Eye Insurance Products After the events of the past 12 months, there can be little doubt left in anyone's mind that banks are going to be a major distributor of insurance products...point is: How fast will it happen and what products will banks target first? Unquestionably, it will take several ...

Supplement: Xerox - Retail Banking - Personalise Or Perish - Retail Banks'...

The Banker;  December 1, 2007 ;     700+ words ...Banks are struggling to communicate with their customers. A new...Future of Communications in Retail Banking, argues that retail banks must communicate in a more personalised way with their customers...for such relatively wealthy and sophisticated institutions, banks are facing constraints on their ...

Banks says he's not a target

The Milwaukee Journal Sentinel;  December 14, 2002 ;     700+ words ...Banks says he's not a target Bishop of Green Bay, once Law's associate...Sentinel Saturday, December 14, 2002 Green Bay Bishop Robert J. Banks, who served in the 1980s as Cardinal Bernard Law's chief...Responding to questions at a news conference in Green Bay, Banks also said he has no plans to resign ...

Banks Slow To Underwrite And Reinsure.(Brief Article)(Statistical Data...

National Underwriter Life & Health-Financial Services Edition;  May 1, 2000 ;     690 words ...Banks have not yet begun to underwrite life insurance in a big...they didn't have the same restrictions as large national banks, noted Kenneth Kehrer, head of a Princeton, N.J., research firm bearing his name. Some large banks such as PNC Bank in Pittsburgh have been involved in reinsuring...

Bottom line.(problems faced by retail banks)

The Banker;  December 1, 1998 ;     700+ words ...Banks are being hit hard on all sides. Competitive challenges are...could also be some of the most destructive. Retail commercial banks worldwide face a revolution not only in how financial services...technology have allowed aggressive new entrants into the banks' cosy world and unless the banks can ...

Signs point upward for area's beleaguered banks

The Boston Globe;  January 19, 1992 ;     700+ words ...Banks have been down so long, now everything is looking up. Even failures are billed as good news these...Bank of Boston Corp. After months of touting the tremendous economic benefits of megamergers among banks in the same market, executives of the two banks walked away from their nine months of ...