December 22, 2008 – Hot Banking Tech Companies To Watch In 2009: Profiles Of Technology Companies That Address Banking’s Changed World
by Ellen Carney
The banking industry is going through its most challenging period since the Great Depression. Bank
capital structures are stressed because of write-downs and write-offs, formerly high-flying investment
banks face the more regulated world of retail banking, and customer care gets even more important
as banks set off in hot pursuit of deposits. This report provides brief descriptions of six companies
meeting diverse or emerging banking industry needs that range from better ways to reduce fraud costs,
more effective tools to manage the banking workforce, more meaningful customer interactions, and
partnerships that are tackling the very big and nasty problem of mortgage defaults.