Sat.Apr 19, 2014 - Fri.Apr 25, 2014

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Carts & Horses – Integrate or Implement?

Jack Henry

'Author: Tom Edwards, toedwards@profitstars.com. It’s an age old question - Which came first? The cart or the horse? In the software world, the question actually becomes do you implement first before you integrate? When our Margin Maximizer team shakes contractual hands with financial institutions, here’s a common dialogue that follows: “Does it talk to our core system?”.

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Why Banks Merge: Listen to the Sellers

Jeff For Banks

'September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? My answer: The CEO was 67 years old and that would obviously be an impetus for a sale. He printed it as I said it. The angry phone call I later received from a bank director was well deserved.

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FCA kicks the Securepay-can down the road.

Money and Payments

'In March 2014, the FCA, the prudential supervisor for UK based payment institutions and e-money providers, outlined that it would not be strictly assessing the compliance with the Securepay Recommendations on the security of Internet Payments. This announcement was quite interesting as in February 2014, the Forum also published an assessment guide that assists payment service providers with the implementation of these Recommendations by February 2015.