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Banking Technology Connections: July 24, 2012

July 24, 2012


Welcome to Banking Technology Connections. The goal of the newsletter is to communicate recent trends and issues facing Banking Technology Professionals If you would like to subscribe to this newsletter and receive it via email please contact Laura Lozada at llozada@wolfandco.com.

While social media sites like Facebook and Twitter may be seen by some as a complete waste of time, one of the articles this week ("Four tech trends in IT disaster recovery") discusses how these sites could actually be a strong component of your disaster recovery program. Could Facebook really be used as an effective communication channel when a disaster occurs?

It seems there has been an evolution, and your customers expect you to put information in front of them rather than them going to your website to get it for themselves. While static websites will always be a source of information, perhaps it is a good time to start thinking about adopting other online resources so you can be more interactive with your customers.

Interesting Articles of the Week
Regulation of Facial Recognition May Be Needed, US Senator Says

(Via @mattputvinski)

Four tech trends in IT disaster recovery
(Via @mattputvinski)

Banks feel pressure to add live chat to websites
(Via @AmerBanker)

As DoddFrank turns two, technology is still lacking. Technology to comply with thousands of regulations still in infancy
(Via @AmerBanker)

Warning about online fraud as information theft rises
(Via @mattputvinski)

Peregrine CEO blames his fraud on regulators
(Via @complianceweek)

Do you have an article that you would like to share with the group?  Let us know and we will add it to the list! Did you miss a newsletter?  Check out past newsletters here.

Upcoming Events
07/24/12 (Webinar)
Wolf & Company: Repositioning Core & IT Agreements to Benefit Shareholders

07/24/12 (East Syracuse, NY) and/or 07/25/12 (Albany, NY)
NYBA: Deposit Documentation Seminars

07/31/12 (Webinar)
Wolf & Company: Staying in Compliance with the Bank Secrecy Act

8/8/12 (New York, NY)
ISACA NY: HG65: How to Audit z/OS with USS, TCP/IP, FTP, and the Internet

10/17/12 (Marlborough, MA)
Massachusetts Bankers Association: IT Audit Training 2012

Do you have an event that you would like to share with the group?  Let us know and we will add it to the list!

Questions? Interested in learning more about Wolf's IT Assurance and Security services?
Please contact Matthew J. Putvinski, CPA, CISA, CISSP, Member of the Firm and Director of IT Assurance and Security services, at (617) 428-5479 or mputvinski@wolfandco.com.

If you would like to subscribe to this newsletter and receive it via email please contact Laura Lozada at llozada@wolfandco.com.

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