Banking on the Cloud
Aug04

Banking on the Cloud

Marc Benioff, CEO of Salesforce, famously said: “If someone asks me what cloud computing is, I try not to get bogged down with definitions. I tell them that, simply put, cloud computing is a better way to run your business.” And this is exactly what banks and financial institutions are aiming for as they begin to embrace the cloud. Historically banks have been averse to adopting cloud technologies, mostly on security and compliance...

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Getting a Pulse on Your Smart ATM: Remote Management Is Critical

Increased branch automation requires new concepts and strategies for branch services, including the management of ATMs. On September 2, 1969, America’s first automatic teller machine (ATM) made its public debut, dispensing cash to customers at Chemical Bank in Rockville Center, New York. ATMs went on to revolutionize the banking industry, creating an important touchpoint between banks and their customers. ATMs provide the...

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How H&R Block Uses VDI to Meet the Tax Season Rush

I almost overlooked the news blurb regarding Emancipation Day, until I saw the word “taxes” in the title and did a double take. Emancipation Day is being celebrated on Friday, pushing the official tax-filing deadline to April 18. Effectively, this gives us three extra days to file our taxes this year. And if you’re like me, you’re probably letting out a whoop of delight as we gain some extra time to file our taxes this year. According...

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Bank IT Leaders Reveal 4 Reasons Why They Are Driving Change

Alan Kay, one of the earliest pioneers of personal computing said, “Technology is anything that wasn’t around when you were born.” And with due respect to Mr. Kay, I will take it a bit further and say that technology is anything that wasn’t around when you celebrated your last birthday. Given the rate at which end-user computing (EUC) technology is evolving, banks that thrive over the next decade will look very different than the...

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Changes Ahead in Financial Services … and VMware Is Ready for Any

Try as we might, we humans aren’t very good at predicting what’s next. Alexander Graham Bell packed up his novel telephone and offered it to Western Union; whose president said it was nothing but a toy. And Steve Ballmer, Microsoft’s CEO in 2007, was certain there was “no chance that the iPhone is going to get any significant market share. No chance.” But while as a species we often see a skewed view of the future, after having...

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