Author Archives: Tom Groenfeldt

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About Tom Groenfeldt

I write - mostly about finance and technology, sometimes about art, occasionally about politics and the intersection of politics and economics. My work appears on Forbes.com and and occasionally in The American Banker and Banking Technology in London.

Banco Volkswagen adopts SAS credit platform in Brazil

Posted on May 15, 2014 by Tom Groenfeldt

  Bank Volkswagen’s Brazilian operation adopt SAS® Real-Time Decision Manager and SAS Enterprise GRC to improve its credit policy enforcement, workflow analysis and credit disbursement as the bank seeks to provide more autonomy and agility to business users. They will … Continue reading →

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Financial Services Caught Between Past and Future

Posted on May 13, 2014 by Tom Groenfeldt

“The good news for FSI IT executives isthat the financial services industry hasbeen a heavy user and early adopter oftechnology for decades. The bad newsfor many institutions is that most ofthose deployments are still in place,resulting in layers of diverse, … Continue reading →

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Navy Federal Credit Union Honored For Mobile Web App

Posted on April 29, 2014 by Tom Groenfeldt

Navy Federal announced today that its mobile banking application for iPad has been selected as an Official Honoree in the 18th Annual Webby Awards in the Utilities & Services category. Among the 12,000 entries from over 60 countries, fewer than … Continue reading →

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Media Intelligence and PR Spend Up 3 Percent To $2.2 Billion

Posted on April 16, 2014 by Tom Groenfeldt

Burton-Taylor International Consulting, best known for their reports on market data and comparison rankings of Bloomberg and Thomson Reuters, have published their second annual ranking  on social media. It shows social media demand up over 20 percent. HootSuite & Radian6 … Continue reading →

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Michael Lewis Flash Boys Impact Finance Stocks — KBW

Posted on April 16, 2014 by Tom Groenfeldt

KBW analysts have published a report focusing on the potential fallout on capital markets and market structure stocks from any changes in the current regulatory environment following the increased focus on high frequency trading (HFT) and payment for order flow … Continue reading →

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American Financial Institutions Nudget Into Positive Trust Territory

Posted on April 16, 2014 by Tom Groenfeldt

 Thomson Reuters has announced the latest results of its proprietary TRust Index, showing that first-quarter 2014 trust sentiment in the Top 50 Global Financial institutions as a whole remained steady, but negative.  However, institutions from the Americas started the year … Continue reading →

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NCR Made 9 worst CEO list too

Posted on April 5, 2014 by Tom Groenfeldt

7. Bill Nuti Company: NCRCEO rating: 39%Company rating: 2.5Years as CEO: 9Number of employees: 29,300 NCR Corp. (NYSE: NCR), based in Duluth, Ga., produces ATM machine technology, bar code scanners and other devices used in the sales process. While the … Continue reading →

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Fiserv CEO Ranks Among 9 Worst

Posted on April 5, 2014 by Tom Groenfeldt

8. Jeffrey Yabuki Company: FiservCEO rating: 39%Company rating: 2.5Years as CEO: 9Number of employees: 21,000from HuffpostEmployees of Fiserv Inc. (NASDAQ: FISV), which sells information technology and e-commerce products, were resentful of layoffs due to frequent M&A activity. The company has … Continue reading →

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Europe’s Largest Sharia’a-Compliant Bank Chooses ClusterSeven

Posted on January 15, 2014 by Tom Groenfeldt

The Bank of London and The Middle East (BLME) has selected ClusterSeven for its enterprise spreadsheet management to provide controls for its key business spreadsheets and the data they manage. BLME, an independent UK, wholesale bank based in London, is … Continue reading →

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Customer centricity in banking moving to the forefront

Posted on December 30, 2013 by Tom Groenfeldt

By Tom Groenfeldt Customer centricity is moving from a banking industry buzzword to reality as bankers turn to important new technologies, such as big data and real-time customer analytics, to improve the customer experience. A 2013 survey by Bloomberg Businessweek … Continue reading →

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