Theresa Carey

A brouhaha erupted over the summer when users of Quicken 2005 noticed that Intuit had followed through on an announcement it made in 2000: that it was dropping support for .QIF importing at long last. The clumsy method of downloading a transaction file to a local computer, then importing the resulting file into a financial […]

AdvisorVision 4.0, introduced Tuesday by AdviceAmerica Inc., delivers actionable, personalized and institution-compliant wealth-planning advice using a proprietary, knowledge-based rules engine that can be customized by the financial institution. The program is an ASP-delivered system, though larger financial institutions can host the system themselves if they choose. Advisers only need a Web browser to access AdvisorVision. […]

Symantec Corp. is expected to announce on Monday a new service to help financial institutions fight phishing attacks and online fraud. Phishing has become nearly ubiquitous, as fraudsters develop more sophisticated ways to trick people out of their confidential information, such as account numbers, passwords, and social security numbers. According to the Anti-Phishing Working Group, […]

Tis the season for technology transactions in the financial industry. Fidelity National Financial Inc., a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, announced it will take over InterCept Inc. in its eighth technology acquisition in the last 18 months. InterCept provides both outsourced and […]

As we approach Oct. 28, the date that the Check Clearing for the 21st Century Act goes into effect, are banks and their customers ready for the changes it holds? The reality is that the infrastructure for “checkless” banking isnt quite in place yet. Theres a great deal to be done on the technology—and many […]

Morningstar, a company that has been analyzing and rating mutual funds since 1984, and publishing its findings online for most of the past decade, recently added some subjective measures to the long list of items it examines. Morningstar has built its business on awarding funds between one and five stars, based on their financial performance, […]

The name of the game for brokerages is DARTs, or Daily Average Revenue Trades. The object is to increase DARTs month by month, no matter what happens to the market overall. Online brokers strive to keep their numbers up by expanding their core offerings—the ability to trade stocks, options, mutual funds and bonds—with additional research […]

The Check Clearing for the 21st Century Act, which goes into effect Oct. 28, encourages the banking industrys use of image technology to make the check-payment system more efficient and to lower check-processing costs. The law, which will change the way checks are processed and returned to the originator, covers commercial, retail, Treasury and travelers […]

High-pressure e-mails and phony Internet addresses touting bogus mutual fund Web sites are a problem that investors must learn how to deal with in advance if they are to avoid being stung by such a scam, according to Pax World Funds. The company, which features socially and environmentally responsible mutual funds, issued six “phishing tips” […]

Concur Technologies, a provider of corporate expense management solutions, and Runzheimer International, a consulting firm specializing in travel program, policy and cost benchmarking information, have formed a partnership that delivers benchmarking information to travel managers within the Concur Expense solution. The new service, called Concur Benchmarking Service, integrates benchmarking into an automated corporate expense management […]

IBM and Pegasystems Inc. have formed a global strategic alliance to deliver payments exceptions and compliance management solutions in order to solve some of the challenges facing global financial institutions. Targeted customers are top-tier banks and card issuers and acquirers. Through solution development that will pair IBMs infrastructure with Pegasystems smart BPM applications for exceptions […]

The Senate Banking Committee is seldom a hotbed of technological innovation, but the topic of a recent series of hearings was a proposed reform that would change the way stock trades are executed. This reform, contained in the proposed Regulation National Market System, or Reg NMS for short, would potentially extend the trade-through rule, which […]