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State Street deploys more Linux, open source

Boston-based financial services firm State Street Corp. spends up to one-fourth of its operating budget on IT, and yet the price of hardware is outpacing its need for data center gear, reports Jon Read more...

What IT has in store for Wells Fargo

Technology has always been important in the financial services sector, but it is becoming an increasingly vital differentiator for banks these days, according to Avid Modjtabai, CIO at Wells Fargo ( Read more...

CAR Financial CIO on new ways for IT to create value

One of the seismic shifts underway in enterprise technology involves a growing number of business units taking on IT-related tasks independent of the IT team. Increasingly, software tools are being Read more...

High-level IT jobs opening up in six industries

While there has been a lot of bad news in the IT arena since the recession began, job prospects for CIOs, CTOs and IT managers are improving in many sectors of the economy, according to an article in Read more...

Looking for a job?

Looking for a job? One approach is to use professional online networks like Xing and LinkedIn. Traffic on the world's top professional web networks has surged since the financial crisis started. Read more...

The IT worker's meltdown worry list

The economy is in bad shape--very bad shape. That means job worries all around, and IT workers are not immune. The Corporate Executive Board in Washington, DC surveyed 50 CIOs, and nearly 25 percent Read more...

Financial IT could face slowdown

Financial services IT may be the next sector to face cutbacks in the volatile economic climate that has already taken down Bear Stearns. Analysts anticipate the overall IT spending in the financial Read more...

Change in the wind for CIOs

The CIO's job is definitely changing. Hardly a week can go by without us hearing about another line of responsibility being added, either formally or informally, to the position. In the latest Read more...

IBM launching "Blue Cloud"

IBM is planning to take a page from Google to bring better information and programming from remote locations to consumers. It's the latest chapter in Big Blue's efforts to capture more corporate Read more...

Starting salaries for IT graduates up

We've been hearing that fewer and fewer students are interested in studying computer science, but according to a recent study, starting salary offers are up for students who graduate with expertise Read more...

Press Releases

Red Hat and Arkelis Collaborate to Deliver Reliable, High-Performing Messaging Solution to Financial Services Organization

Arkelis Messaging Solution Now Operates on Red Hat Linux Solutions RALEIGH, N.C. & MECHELEN, Belgium--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source Read more >>

ProfitStars Introduces eCommercial Security Awareness Training

Web-based training tools enable financial institutions to educate commercial customers on best practices for secure financial transactions and support compliance with FFIEC supplemental Read more >>

CSC Appoints Mike Lawrie President and Chief Executive Officer

Rodney F. Chase Named Non-Executive Chairman FALLS CHURCH, Va.--(BUSINESS WIRE)-- CSC (NYSE: CSC), a leading global IT services company, announced today that Mike Lawrie, 58, has been appointed Read more >>

Mozido Launches Genius Wallet(SM) for Mobile Payments

DALLAS, Feb. 7, 2012 /PRNewswire/ -- Mozido, the Global Cloud Payment Network that brings every mobile phone user into the financial ecosystem, announced today the launch of the Genius Wallet(SM), a Read more >>

Jack Henry Banking's SilverLake System Continues to Attract Billion Dollar Banks

- Core processing provider signs five mid-tier banks in eight months, continuing momentum in mid-tier market - MONETT, Mo., Feb. 7, 2012 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: Read more >>