Bank of Ceylon moves to offer online banking to all branches by year end


For a mere $44 million, two years, and despite terrorist attacks, Bank of Ceylon has integrated 302 branches. The total cost, with hardware, software and implementation cost 1.5 to two billion rupees,” R B Ekanayake, IT Consultant BoC told LBO. “The (integrating) process started in September 2004 and we hope to connect all our branches by the end of this year. Source: LANKA BUSINESS ONLINE – LBO The key point is that they did it using online banking technology if I am reading this article right.  The devil is always in the details, but here is the quote: …..  the state … Continue reading Bank of Ceylon moves to offer online banking to all branches by year end

Dare Obasanjo aka Carnage4Life – Tag Clouds 101


Dare makes a not inconsequential point.  Tags are a core tool in the web 2.0 toolbox, yet they remain highly undeveloped, with non-existent standardisation for usage, and display.  Tag clouds are already a pet peeve of mine because they are a poor navigational interface but it seems some people [who shall remain nameless] have found a way to make them even more annoying Source: Dare Obasanjo aka Carnage4Life – Tag Clouds 101   Technorati tags: tags, tagging Continue reading Dare Obasanjo aka Carnage4Life – Tag Clouds 101

Rough Type: Nicholas Carr’s Blog: Welcome Web 3.0! – Semantic web


With this wrap up, the Web 2.0 annual conference is over, and not a moment too early by the sound of it.  there were few revelations, few moments where you had the exhilarating experience of seeing something that was about to change the world. Every conversation I had began with discussing the underwhelming nature of Web 2.0.” Source: Rough Type: Nicholas Carr’s Blog: Welcome Web 3.0! Aside from whether its 2.0, or whatever.0 I thought this description quoted in Nicholas’s blog summarised the next vision well. the Holy Grail for developers of the semantic Web is to build a system that … Continue reading Rough Type: Nicholas Carr’s Blog: Welcome Web 3.0! – Semantic web

Google Co-op – Custom Search – Bankwatch community


 I set this up tonight.  The concept is that it searches only the sites that I included.  I took the liberty of including sites that have generally aligned interest and content in the banking space, and that will provide relevant search results.  Volunteers to be included, (or excluded) are welcome. We can try it, to see if the relevance is useful in ours/ others searches for research and planning. Search Bankwatch, and sites of blogging colleagues sites included to date: https://bankwatch.wordpress.com/ http://bankervision.typepad.com/bankervision/ http://www.edmblog.com/weblog/ http://blogs.forrester.com/charleneli/ http://digitaldebateblogs.typepad.com/digital_money/ http://www.ingblogs.com/mycupofcha/ http://ozrisk.net/ Source: Google Co-op – Custom Search Engine   Technorati tags: Google+co-op, banking+search Continue reading Google Co-op – Custom Search – Bankwatch community

Mastering the Three Worlds of Information Technology (McAfee)


Thanks to Confused for this article from the always readable Andrew McAfee. He summarises the problem I and many in positions who work closely with technology groups, fully understand. (emphasis added) Adding to executives’  diffidence, corporate IT projects have often delivered underwhelming results or been outright failures. Catastrophes – such as the one at American pharmaceutical distributor FoxMeyer Drug, which went into Chapter 11 and was sold in 1997 when a $100 million IT project failed – may be less frequent today than in the past, but frustration, delay, and disappointment are all too common. In 2005, when IT consultancy CSC and … Continue reading Mastering the Three Worlds of Information Technology (McAfee)

Digital Identity: Federation in Nice


Dave makes a clarion call post wondering why the obviously simple technology solutions don’t get traction. What’s the barrier to doing this? The cost of generating a certificate for me to download is, to all intents and purposes, zero. It must be that it’s just too complicated: telling customers put in your card and punch in your PIN is one thing, but trying to explain to them how to download a certificates into a browser, after all these years, is another. Source: Digital Identity: Federation in Nice The best answer I can provide is this … I live in the … Continue reading Digital Identity: Federation in Nice

IBM Progressive Transformation – Consultant points of view


IBM consistently nail the core problems facing banks, and this one is central. This paper addresses one of the most serious challenges that banks face today: How to deliver their strategic objectives while being hindered by increasingly complex and inflexible business and technology operating models. Source: IBM Progressive Transformation – Consultant points of view The current state of technology at banks is summarised.  The key points are complexity, duplication, and inflexibility.  These drive additional cost. The problem facing banks todayAfter years of concerted cost-cutting, sustained and consistent revenue growth has returned to the agenda of many banks. However, new products, … Continue reading IBM Progressive Transformation – Consultant points of view

IBM SOA


A useful picture, and well explained IBM document on SOA (Service Oriented Architecture) …..  the fundamental concept is really quite simple – and very powerful. It’s that to meet your present and projected business needs, you can turn your software applications into “building blocks” that you can infinitely rearrange, and usually at great speed. It gives you a new way not only to “reconfigure” your business, but to connect to suppliers, partners and customers. IBM Global Services:  Service-oriented architecture: A practical guide to measuring return on that investment   Technorati tags: soa, ibm Continue reading IBM SOA

Bookmarking, tags and social sharing trends


 This is a well researched post describing the evolution of bookmarking into the different types of tagging that exist now.  As I have said before I remain convinced we can use tags in a useful and meaningful way for banks and our customers. Summary:  There are many different approaches to bookmarking and recent changes in web browsers, add-ons, and a web of participation will continue to fuel growth in the sector. There’s still a lot of work to be done in terms of search and service integration and creating compelling reasons to generate useful content, connecting users with the information … Continue reading Bookmarking, tags and social sharing trends