There is no dispute that one of the hardest organizational barriers to break is the one between Finance and Operations. Accountants and treasurers do not go very well with manufacturing, logistics, and procurement. They have different tasks and different (if not necessarily divergent) objectives, which exacerbate the gap. It is often said, to explain such [...]
Going … Going … Going but not yet gone. Greetings from BAI Transpay where bankers and vendors gathered to discuss payment issues. Check volumes are dropping and banks are racing to drop costs as quickly as customers are dropping volume. Checks are being imaged, converted to ACH and replaced by debit so that paper check [...]
Celent senior analyst Red Gillen This event is free for Celent clients and invited guests. Please click here for more information.
It’s that time of the year again! Our judging committee has reviewed the submissions we received during the course of 2008, and we will be contacting the winning banks next week. For those of you who don’t know what the Model Bank report is, you can learn more about it by reading about last year’s [...]
Celent Senior Vice President Bart Narter This event is free for Celent clients and invited guests. Please click here for more information.
As many of our clients are aware, much focus in the healthcare banking industry has been on the advent of tax-advantaged medical spending accounts, especially HSAs (health savings accounts). The current economic crisis has only intensified this focus, as HSAs are seen as a relatively low-cost approach to building and retaining deposit bases. In fact, [...]
Blogs are a great way to interact with the community at large. Banks are slowly but surely making use of blogs to communicate with their customers and the public. The early adopters like Wells Fargo actually have several blogs, including a new one called the Wells Fargo -Wachovia Blog. The Wells Fargo-Wachovia blog has a [...]
Sometimes one can be in the mood for a five-course meal and other times just a small snack. In the past Celent has served the only the large meals as food for thought in our in-depth reports. We haven’t given the banking industry the opportunity to graze rather than devour. This is now changing with [...]