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SOA: TD Banknorth Is Banking on It
By Mel Duvall
2006-10-02

Article Rating:starstarstarstarstar / 0

  Table of Contents:
  1. SOA: TD Banknorth Is Banking on It
  2. ' Branching Out '
  3. ' '
  4. ' '
  5. ' '

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SOA: TD Banknorth Is Banking on It - ' '
( Page 5 of 5 )

Financial Services Then and Now">

Then and Now

Financial Services: SOA
5 Years Ago Today
Smart cards with embedded computer chips are touted as replacements for magnetic-strip bank and credit cards. Smart cards remain a rarity.
Need is established for more secure Internet banking and financial services applications. Banks getting more innovative with secure sign-on procedures, but concerns remain. Fragmented view of the customer prevails.
Second-generation customer relationship management systems and service-oriented architecture provide view of all customer accounts, and the smarts to know what to sell the client next. Banks consider shuttering branches and moving clients toward ATMs and Internet and telephone banking. Banks have instead gone on building sprees, realizing branches are valuable in selling high-profit products.

This article was originally published on baseline.com.




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>>> More Microsoft Architecture Articles          >>> More By Mel Duvall