American Banker articles from November 2004

American Banker archives from November 2004

President Pitching: Shelby Gives Bush Edge as Free Marketeer.(U.S. Senator Richard Shelby on economic policies of President George W. Bush)(Interview)
November 1, 2004... Richard Shelby wears two chairman's hats: one for the Senate Banking Committee and one for the Bush-Cheney campaign in his home state of Alabama. Blending the roles in an interview last week, he said the financial industry would be better...

Presidential Pitching: Kanjorski Says Kerry's Fiscally More Sensible.(U.S. presidential election, 2004)(Representative Paul Kanjorski, Senator and presidential candidate John Kerry)(Interview)
November 1, 2004... The No. 2 Democrat on the House Financial Services Committee has two words for why John Kerry would be better than George W. Bush for the financial services industry: fiscal responsibility. "President Bush is hardly conservative" on fiscal...

Wachovia, a Holdout, Abandons Bill-Pay Fees.(Wachovia Corp.)(Industry Overview)
November 1, 2004... Wachovia Corp., a prominent skeptic of free online bill payment, is reversing course. The Charlotte company planned to announce today that it is waiving all its fees for online bill pay. It is also set to complete its acquisition of...

North Fork Changes Plan;Will Integrate GreenPoint.
November 1, 2004... When he announced in February that his company was buying GreenPoint Financial Corp., John Adam Kanas, the chairman and chief executive of North Fork Bancorp Inc., said he wanted the banks to remain separate under a combined holding company....

Executive Changes.
November 1, 2004... Middle Atlantic Financial Guaranty Insurance Co. of New York has hired Michael Pepe as its director of global utilities. Mr. Pepe was the head of project finance at Banca Intesa SpA in New York. Before that he had worked for seven...

Schwab Looks to Its Bank for Revenues.(Charles Schwab Corp.)
November 1, 2004... Charles Schwab Corp. said that with hope dwindling for a rebound in trading commissions, it will rely more on its 18-month-old bank to increase revenues. Chairman and chief executive Charles Schwab said during an investor update Thursday...

In Brief: Change at Helm for S.C. Banking Company.(SCBT Financial )(Brief Article)
November 1, 2004... C. John Hipp 3d, the president and chief executive officer of SCBT Financial Corp. of Columbia, S.C., has resigned, saying he did so for personal reasons. Robert R. Hill Jr., the president and chief operating officer of the company's South...

In Brief: Hudson City Plans Staten Island Branches.(Brief Article)
November 1, 2004... Less than six months after announcing plans to open four branches on Long Island, Hudson City Bancorp Inc. of Paramus, N.J., says it plans to expand further in New York. The $19.3 billion-asset company said Thursday that it intends to open...

Full Speed Ahead for Wintrust Acquisition Spree.
November 1, 2004... Wintrust Financial Corp. of Lake Forest, Ill., has been growing fast in the past year, mainly through acquisitions, and the $5.8 billion-asset multibank holding company has no plans to slow down. Two weeks ago, on the same day it bought the...

In Brief: Global Axcess to Run Credit Union's ATMs.(Brief Article)
November 1, 2004... Global Axcess Corp., an electronic transaction processor, said its Nationwide Money Services Inc. unit has a five-year contract to manage and support automated teller machines for ADP Federal Credit Union. The Roseland, N.J., credit union,...

In Brief: Payment Firms Offering Prepaid Game Card.(DuoCash and Internet Payment Solutions)
November 1, 2004... Two micropayments companies have partnered to enable people to pay for online game subscriptions with prepaid phone cards instead of credit cards. DuoCash Inc. of Fort Lauderdale and Internet Payment Solutions Inc. of Charlottesville, Va.,...

Barclays Chiefs on Juniper.(to officials at Barclays PLC comment on the bank's purchase of Juniper Financial Corp.)
November 1, 2004... Executives of Barclays PLC, whose purchase of the credit card issuer Juniper Financial Corp. is set to close within a month, told American Banker that the deal would allow it to compete with U.S. giants like Capital One Financial Corp. and MBNA...

In Brief: Another to Leave Chase Home Finance.
November 1, 2004... Luke Hayden, an executive vice president at Chase Home Finance, plans to leave the J.P. Morgan Chase & Co. unit next quarter, American Banker has learned. A JPM Chase spokesman said that Thomas Wind, who recently joined the Edison, N.J.,...

In Brief: A Principal Team Turns Up at AmNet.(former employees of Principal Residential Mortgage Inc. move to AmNet Mortgage Inc.)(Brief Article)
November 1, 2004... AmNet Mortgage Inc.'s new correspondent lending division is made up of the former eastern region team of Principal Residential Mortgage Inc., which Citigroup Inc.'s mortgage unit acquired, American Banker has learned. The San Diego company...

In Brief: Earnings Plummet At Irwin Financial.(Brief Article)
November 1, 2004... Irwin Financial Corp. of Columbus, Ind., on Friday said third-quarter profit fell 44% from a year earlier, to $17.2 million, and said revenues and profit could fall further this quarter. In a press release, chairman and chief executive Will...

Hartford: Bank Life Market 'Needs to Mature'.
November 1, 2004... Hartford Financial Services Group Inc.'s new head of individual life insurance distribution sees a lot of opportunities for the product in the bank channel but says major growth will take time. Jeffrey Carleton, the new senior vice...

In Brief: 2 Firms Plan 401(k)Managed Account.(Zacks Investment Research, AdvisoryWorld)(Brief Article)
November 1, 2004... Zacks Investment Research said Friday that it has teamed up with AdvisoryWorld to create a managed account solution for 401(k) plan sponsors and their employees that offers both professional investment management through Zacks and guidelines to...

In Brief: Principal Adds Tools To Income Annuities.(Principal Financial Group)(Brief Article)
November 1, 2004... Principal Financial Group in Des Moines has announced two tools designed to give retirees more flexibility and control over how they spend their life's savings. Principal Income Protector and Principal Income Manager secure a paycheck for...

In Brief: AIM Hires Director of Distribution Strategy.(Brief Article)
November 1, 2004... AIM Investments in Houston said it has hired Brian C. Lee to be the director of sales strategy and planning for AIM Distributors Inc., the fund company's retail marketing subsidiary. Mr. Lee joined AIM in a role designed to help build...

In Brief: Sun Life to Revamp Asset Management.(Brief Article)
November 1, 2004... Sun Life Financial Inc. and its wholly owned subsidiary, Sun Life Assurance Co. of Canada, have announced that their boards of directors approved, subject to regulatory approvals, a reorganization that would transfer most of the latter's asset...

Focusing on Share? Wise Up, Analysts Say.(market share)(Industry Overview)
November 1, 2004... It may be time to reconsider long-held notions about the importance of market share. Many banking experts say that being one of the biggest banks in town is of little value, even though they acknowledge the fundamental advantages of scale....

S1 Sees Big Things, New Clients from Enterprise.
November 1, 2004... S1 Corp. says its new Enterprise software platform was instrumental in its improved profits and that it expects the product to provide an earnings lift through next year. "S1 is at the very early stages of a growth cycle," chief executive...

In Brief: KeyCorp Deal for U.S.B. of N.Y. Seen Near.(Brief Article)
November 1, 2004... KeyCorp of Cleveland is said to be near a deal to buy U.S.B. Holding Co. Inc. of Orangeburg, N.Y., for $570 million to $610 million. On Sept. 24, U.S.B. said it hired Keefe, Bruyette & Woods Inc. to "evaluate strategic opportunities." It...

In Brief: Restraints on Fidelity Federal of Ind. Lifted.(Fidelity Federal Bancorp., Evansville, Indiana)(Brief Article)
November 1, 2004... Fidelity Federal Bancorp in Evansville, Ind., said its nearly 6-year-old supervisory agreement with the Office of Thrift Supervision had been ended. The $190 million-asset holding company of United Fidelity Bank entered the agreement in...

In Brief: HUD: Privacy Concerns Block Report.(Department of Housing and Urban Development asked to release report on Office of Federal Housing Enterprise Oversight )(Brief Article)
November 1, 2004... Privacy laws preclude the public release of a report on how the Office of Federal Housing Enterprise Oversight handled its investigation of Fannie Mae, according to a letter from the report's authors. Rep. Barney Frank, the ranking Democrat...

In Brief: OCC Names Gillespie Deputy Chief Counsel.(Office of the Comptroller of the Currency)(Brief Article)
November 1, 2004... James F.E. Gillespie has been promoted to deputy chief counsel of the Office of the Comptroller of the Currency, the agency said Friday. Mr. Gillespie, who had served as assistant chief counsel since 1995, previously managed legal projects...

Guidelines on Registering FHLB Equities.(Federal Housing Finance Board)
November 1, 2004... The Federal Housing Finance Board on Friday issued guidelines to help the 12 Home Loan banks register their equity securities with the Securities and Exchange Commission by August. The board will retain jurisdiction over the banks' capital...

Merrill Hands Out 7 'Buys'; Commerce of NJ a Target?(Merrill Lynch and Company Inc.'s security rating for Commerce Bancorporation Inc. and other companies)
November 1, 2004... Merrill Lynch & Co. has reinstated research coverage for a number of midsize and small-cap bank stocks and suggested that Commerce Bancorp of Cherry Hill, N.J., might sell itself. "Our merger probability analysis suggests that the...

Pivotal Day For Makeup Of Industry Regulators.(federal elections, 2004)
November 2, 2004... Crucial financial services regulatory matters are riding on today's elections. The two key questions -- who will be President and which party will control the Senate next year -- have implications for financial companies because several...

Hanging On To Loan Reps After a Deal.(human resources management at mortgage businesses following acquisitions)(CitiMortgage Inc., Principal Residential Mortgage Inc.)
November 2, 2004... Buying a mortgage business always carries a risk: The best members of the sales force may bolt shortly after the ink dries. Acquirers can heighten that risk by centralizing the back-office staff, because doing so can alienate salespeople...

Spinoff Plan For 2 Risky Loan Lines.(Republic First Bancorp Inc., First Bank of Delaware, Republic First Bank)
November 2, 2004... Republic First Bancorp Inc.'s plan to spin off its profitable but higher-risk First Bank of Delaware could make its lead bank, the $650 million-asset Republic First Bank, more attractive to investors and potential acquirers, analysts say. ...

Banks Start Bidding Up CD Rates.(certificates of deposit)(Industry Overview)
November 2, 2004... Despite three increases in the federal funds rate since the end of the second quarter, banking companies have not felt pressure to raise deposit rates. Consumers continued to pour money into bank accounts rather than the stock markets from...

HUD Eases Affordable Housing Goals (Somewhat).(Department of Housing and Urban Development)
November 2, 2004... The Department of Housing and Urban Development issued easier affordable housing goals Monday for Fannie Mae and Freddie Mac than it had first proposed. But the goals are tougher than existing ones and may not have been lowered enough to...

Citizens of N.C.'s In-Store Strategy Has Twist.(Citizens South Bank of North Carolina's strategy for reaching out to Hispanic-Americans)
November 2, 2004... Most banks aiming to reach Hispanics are doing things like making branches more colorful and posting signs in Spanish, but a North Carolina bank is taking a different approach: setting up shop in the small grocery stores known as bodegas. ...

Alabama National Consolidating.(Brief Article)
November 2, 2004... Alabama National Bancorp plans to consolidate five of its bank subsidiaries into two to provide better service to customers in north-central Alabama and the Florida Panhandle. By February the $4.29 billion-asset Birmingham company would...

Calif. Bill on ATM Fraud May Reappear in 2005.(prevention of automated teller machine fraud, California)
November 2, 2004... A California assemblyman may reintroduce next year a recently vetoed bill to require background checks on nonbank automated teller machine owners and distributors. Dan Reeves, the chief of staff for Assembly Majority Leader Dario Frommer,...

Big Apple Mulls The Possibility Of Official Card.(New York City)
November 2, 2004... Mayor Michael Bloomberg wants New York to have its own official credit card. On Oct. 22 the Mayor's Office of Contract Services sent banks and other financial institutions a request for information about their willingness to issue and...

In Brief: MassMutual Model To Spur 401(k) Use.(MassMutual Retirement Services)(Brief Article)
November 2, 2004... MassMutual Retirement Services in Springfield, Mass., announced a participant communications model Monday that is intended to help motivate employees to enroll in their companies' retirement plans and to allocate their investments. The...

In Brief: Wachovia Trust Unit Hires a Sales Chief.(Brief Article)
November 2, 2004... Wachovia's corporate and institutional trust division in Charlotte, N.C., said Monday that it has hired Richard Scott to be a managing director of sales for institutional trust. The banking company's institutional trust services group...

In Brief: Scudder Broadens Pathway Fund Series.(Brief Article)
November 2, 2004... Scudder Investments in Chicago introduced Scudder Pathway Growth Plus Portfolio on Monday, the latest entry in the Pathway Series of fund-of-funds products that use asset allocation strategies. The growth-plus option seeks to diversify into...

In Brief: BlackRock to Run $470M for Century.(Brief Article)
November 2, 2004... Century Bank and Trust Co. in Boston has announced an investment management agreement with BlackRock Financial Management Inc. for Century's securities portfolio. New York-based BlackRock Financial is to get portfolio management authority...

Acordia's New Cross-Sell Chief to Write 'Chapter 2'.(Wells Fargo and Co.)
November 2, 2004... The new head of cross-selling at Acordia Inc. says that expanding this effort with parent Wells Fargo & Co. is a top priority for the Chicago insurance agency. Wells has made cross-selling its mantra, and though it makes sense in theory...

In Brief: Fidelity National Gets OK on InterCept.
November 2, 2004... Fidelity National Financial Inc.'s pending acquisition of InterCept Inc. received antitrust clearance last week. InterCept, an Atlanta outsourcer of data processing services to community banks, said Friday that it had received early...

In Brief: Wachovia Adds ARC To Lockbox Services.(Wachovia Corp., accounts receivable conversion)(Brief Article)
November 2, 2004... Wachovia Corp. of Charlotte has begun offering accounts receivable conversion capabilities to retail lockbox customers. The service, announced last week, allows treasury services customers to convert paper checks into automated clearing...

In Brief: PayPal Waives Some Web and Debit Fees.(Brief Article)
November 2, 2004... PayPal Inc. has waived some of its fees as an apology for a recent service blackout that affected both the Web payment service and its PayPal debit cards. The San Jose payments subsidiary of the online auction giant eBay Inc. said it...

In Brief: N.J.'s Fundtech Has A Deal for CashTech.(Brief Article)
November 2, 2004... Fundtech Ltd. in Jersey City announced one acquisition deal and closed another last week. The payment software vendor said it is buying CashTech Solutions India Pvt. Ltd. for $3.3 million ($2.9 million immediately and $400,000 when the...

In Brief: Sovereign Extends Fiserv Servicing Pact.(Brief Article)
November 2, 2004... Sovereign Bancorp Inc. of Philadelphia has extended by five years an agreement to use Fiserv Inc.'s MortgageServ system for loan servicing. The banking company, which has used MortgageServ for nine years, also decided this year to switch...

In Brief: Alliance-Leicester Signs for S1 Hosting.(Alliance and Leicester PLC, S1 Corp.)(Brief Article)
November 2, 2004... S1 Corp. of Atlanta will host the online business banking operations of the $91 billion-asset Alliance and Leicester PLC of Leicester, U.K. The company's Alliance & Leicester Commercial Bank will replace several applications with S1's...

In Brief: Official Payments Extends Va. Pact.(Brief Article)
November 2, 2004... The Commonwealth of Virginia has extended by two years an agreement with Official Payments Corp. that lets Virginia businesses and individuals pay a variety of taxes and fees electronically. The subsidiary of Tier Technologies Inc. of...

In Brief: Intrieve, Zions Have Clearing Agreement.(Intrieve Inc., Zions Bancorp.)(check clearing)(Brief Article)
November 2, 2004... Zions Bancorp. has agreed to clear digital check images for customers of the Cincinnati outsourcing provider Intrieve Inc. Technology provided by Zions' NetDeposit Inc. is used to convert checks into images. They are then transmitted to...

Community Banks with Highest Return on Assets: In the second quarter of 2004. Dollars in thousands*.(Illustration)
November 2, 2004... (part 1 of 3) Rank 1 International City Bank Long Beach, Calif. 2 Bryant State Bank S.D. 3 First Bank of Delaware Brandywine 4 First Bank of Northern Kentucky Fort Mitchell 5 Community...

In Brief: Freddie: Back to Timely Reporting by 2Q.(Federal Home Loan Mortgage Corp)(Brief Article)
November 2, 2004... Freddie Mac released its unaudited third-quarter business results Monday and said it plans to return to timely reporting by the second quarter. The government-sponsored enterprise said that its mortgage portfolio grew at an annual rate of...

In Brief: Riggs' Shares Fall After Analyst Downgrade.(Riggs National Corp.)(Brief Article)
November 2, 2004... Riggs National Corp.'s stock tumbled 4.12% Monday after Gerard Cassidy of Royal Bank of Canada's RBC Capital Markets downgraded it to "underperform" from "sector perform," citing the possibility that its sale to PNC Financial Services Group...

In Brief: ABN Mortgage Unit's Revenue Drops 92%.(Brief Article)
November 2, 2004... The U.S. mortgage business of ABN Amro Holding NV was hit by the slowdown in home lending in the third quarter. Revenue from ABN Amro Mortgage Group Inc. fell 92% from a year earlier and 82% from the second quarter, to $33 million....

In Brief: BancWest Buys Community First and USDB.(Brief Article)
November 2, 2004... BancWest Corp. of Honolulu, which is owned by BNP Paribas, said Monday that it had completed its purchase of Community First Bankshares Inc. of Fargo, N.D., and USDB Bancorp in Stockton, Calif. BancWest said it would merge Community First's...

Correction.(Brief Article)(Correction Notice)
November 2, 2004... In Friday's paper, a page 16 story reversed the trend in Accredited Home Lenders' 2004 earnings guidance. It raised the low end of its forecast range last week, to $5.90 a share from $5.75. Copyright 2004 Thomson Media Inc. All Rights...

Wachovia Cuts Not Seen Providing a Profit Boost.
November 2, 2004... Wachovia Corp. executives have tantalized investors with talk of cutting $600 million to $1 billion of expenses over the next few years, but one analyst warned Monday that the savings may not goose earnings. Mike Mayo of Prudential Equity...

AmSouth Selling Card Business to MBNA.
November 2, 2004... AmSouth Bancorp on Monday agreed to sell its $550 million credit card portfolio to MBNA Corp., saying it lacks the size to compete in the business without "substantial" new investment. The Birmingham, Ala., company did not reveal the price...

What Spitzer Might Target At Banks.(Eliot Spitzer)
November 3, 2004... The big brains of the banking industry are trying to anticipate Eliot Spitzer's next step to avoid getting caught underfoot. The New York attorney general has gone after brokers, the mutual fund industry, and now insurers. Can commercial...

B of A Gaining Wiggle Room for Deal.(Bank of America)
November 3, 2004... Bank of America Corp. is sinking below the 10% cap on nationwide deposit market share, raising the possibility that the largest U.S. consumer bank might have room for another acquisition. Banking laws prohibit an institution from amassing...

Visa Makes Big Changes To Its Debit Interchange.(Company Profile)
November 3, 2004... Visa U.S.A. Inc. is overhauling its interchange fees for PIN and signature debit transactions to make pricing more consistent across the two categories and to better compete with rival network operators. Beginning in April, fees for retail...

Executive Changes.(Industry Overview)
November 3, 2004... MIDWEST Aon Corp. of Chicago has hired Craig A. Streem as its head of investor relations. Mr. Streem, who has also been named a vice president, was the vice president of corporate relations and communications at Household...

In Brief: Broker-Dealer Rule Postponed by SEC.(Brief Article)
November 3, 2004... The Securities and Exchange Commission said Tuesday that it had postponed until next year a controversial rule that would determine which broker-dealer activities may be performed by banks and which must be conducted by SEC-regulated...

In Brief: FDIC Passes Review Of ILC Supervision.(Brief Article)
November 3, 2004... The inspector general of the Federal Deposit Insurance Corp. has completed a review of the FDIC's supervision of industrial loan companies and found no serious problems. The inspector general said in a report issued Tuesday that repeated...

In Brief: President Signs Student Loan Bill.(Brief Article)
November 3, 2004... President Bush has signed legislation that temporarily eliminates a controversial subsidy for certain nonbanks that make student loans. The law replaces the 9.5% interest rate guarantee for lenders that finance education loans with...

Getting There Is Half the Fun.
November 3, 2004... I have delivered hundreds of addresses before banking groups over the years, including talks before every state bankers association in the nation. These meetings are where I met the bankers who taught me most of what I have written about in...

Will Concessions In CB Deal Hurt Central Pacific?(Central Pacific Financial Corp. )(Company Profile)
November 3, 2004... After one of the bitterest hostile takeovers in community banking, observers are questioning whether Central Pacific Financial Corp. of Honolulu can keep its promises and still achieve earnings projections for 2005. Central Pacific is...

New ID-Theft Scare at Wells.(Wells Fargo & Co. )
November 3, 2004... A recent theft of four computers with information about Wells Fargo & Co. customers has underscored the vulnerability of storing customer data on systems in the hands of third-party contractors. Julia Tunis, a spokeswoman for Wells Fargo,...

In Brief: Trustmark in Miss. To Buy Fla. Agency.(Trustmark Corp.)(Fisher-Brown Inc.)(Brief Article)(Company Profile)
November 3, 2004... Trustmark Corp. in Jackson, Miss., said Tuesday that it has signed an agreement to buy Fisher-Brown Inc., an insurance agency in northwest Florida, as part of a strategy to become a more diversified financial services organization. Terms...

In Brief: AMG Raises Stake In Fund Adviser Firm.(Affiliated Managers Group Inc.)(Friess Associates LLC )(Brief Article)(Company Profile)
November 3, 2004... Affiliated Managers Group Inc. said Tuesday that it has completed the previously announced purchase of an additional 19% interest in Friess Associates LLC from the firm's founder and chairman, Foster Friess, as originally agreed Oct. 31, 2001....

U.S. Trust, Under Probe, Offers Way To Judge Advisers.(Product/Service Evaluation)
November 3, 2004... Family Office Exchange, a provider of advice and guidance to ultra-wealthy families, and U.S. Trust Corp., a New York banking company that caters to the wealthy and whose fund family has been touched by scandal, have developed a set of tools to...

Why Time (and Preemption) Are on Bankers' Side.(Industry Overview)
November 3, 2004... One measure of the respect many professionals in the banking industry have for Eliot Spitzer: They've spent a lot of time weighing the industry's vulnerability to one of his investigations. Most agree that commercial banks have some...

Using IP Addresses to Prevent Online Fraud.(Industry Overview)
November 3, 2004... In cyberspace it can be hard to tell who is telling the truth, but at least knowing an Internet user's location can help head off fraud. EverBank Financial Corp. said Monday that it is implementing an online service that will let it get a...

Jitters Over Vague Mass. Predator Law; Halt by Citi.(Citigroup Global Markets Realty Corp. stops some loan financing)(Industry Overview)
November 3, 2004... It is down to the wire for lenders in Massachusetts, where a murky element in a new anti-predator law that will go into effect Sunday is making them nervous. One major lender, Citigroup Global Markets Realty Corp., has already decided to...

A Freddie Disclosure Could Add to Pressure on Fannie.
November 3, 2004... Freddie Mac's disclosure that a large number of its derivatives contracts cannot qualify for hedge accounting could put more pressure on Fannie Mae, some say. The acknowledgement that some of the affected derivatives, with a notational...

OCC Lets Countrywide Shift $300M.(Brief Article)(Industry Overview)
November 3, 2004... The Office of the Comptroller of the Currency has approved a $300 million noncash capital contribution by Countrywide Financial Corp. to its growing Treasury Bank. The Calabasas, Calif., company applied Aug. 30 to transfer home equity...

Correction.(Correction Notice)
November 3, 2004... In Tuesday's paper, the page 1 story on rising CD rates misidentified Elizabeth Acton. She is the chief financial officer of Comerica Inc. Copyright 2004 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com...

Riggs Has Ups and Downs Over Chatter on PNC Deal.(Company Profile)
November 3, 2004... Renewed speculation about the fate of Riggs National Corp.'s deal with PNC Financial Services Group Inc. has sent the Washington company's stock on a roller-coaster ride this week. On Monday one analyst's doubts about the deal drove Riggs...

In Brief: SEC Registration First for New York FHLB.(Brief Article)(Company Profile)
November 3, 2004... The Federal Home Loan Bank of New York expects to register with the Securities and Exchange Commission before it adopts a new capital plan. A spokesman for the Home Loan bank said Monday that it expects to register this year and adopt the...

Introduction.(Industry Overview)
November 3, 2004... As the banking industry, like the economy itself, emerges from uncertain times and corporate spending begins to pick up again, the forces driving financial technology providers to consolidate show no sign of abating. These companies'...

Top 100 Companies in FinTech.(Directory)(Industry Overview)
November 3, 2004... (part 1 of 2) 1 Fiserv Brookfield, Wis. 2 NCR Dayton, Ohio 3 Reuters London 4 Unisys Blue Bell, Pa. 5...

Overview: From the Back Office to the Front Burner.(Industry Overview)
November 3, 2004... Technology has played a seismic role in changing the financial services industry in the last 20 years. Technology is now the focus of the boardroom and the front office, not just the back office. It has become a powerful tool for the...

Top Enterprise Companies in FinTech.(Industry Overview)
November 3, 2004... (part 1 of 2) 1 International Business Machines Armonk, N.Y. 2 Hewlett-Packard Palo Alto, Calif. 3 Electronic Data Systems Plano, Tex. 4 Computer Sciences Corp. El...

TSYS Makes Payments Inroads Against First Data.(Company Profile)
November 3, 2004... Revenue from its payments businesses, more than $8.5 billion last year, makes First Data Corp. the runaway leader in the payments processing, international remittance, and merchant acquiring markets. If it were a bank it would rank in the...