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Saturday, February 11, 2006

Data Security (Auto Loans) DelugeThe popularity of security-management software rises as more
Data Security Deluge
The popularity of security-management software rises as more vendors enter the market and prices fall

The Devil in the Details: Complying With the PATRIOT ActFinancial (Auto Loans)

The Devil in the Details: Complying With the PATRIOT Act
Financial institutions opening correspondent accounts or private banking accounts will have to do their homework, and technology can help -- to an extent.

Top Tech Talent In Short Supply, Survey Says
The IT job market has improved to the point where there will be a shortage of CIOs, chief technology officers, and other top IT talent this year, according to headhunters.

Lost on Easy Street

Trading Newsflashes: EZX Connects Buy Side to Liquidnet
EZX Connects Buy Side to Liquidnet, Tullett Prebon Launches SwapMarker Plus, ATD Receives NASD Approval to Expand Market Making

Identifying the Insurance Industry's Tech-Savvy CEOs
The highest degree of business alignment and the most strategic use of technology depends on informed support on the part of an insurance company's leadership.

All Together Now: Security
Now they've also agreed on what to do about it, at least for the data-security standards they expect from their service providers. This week, six big banks plus major auditors and service providers will present a common method for assessing service-provider security.

Japanese Banks Select RSA SecurID Tags, and more
Japanese Online Banking Customers Get a New Gizmo, R.R. Donnelley and EDGAR Online Offer Reporting Compliance Solution, Axentis Offers New Integration Platform

Biometrics Becomes A Commodity
Most laptops now have the option of an integrated fingerprint reader, and new regulations may prompt online banks to adopt biometrics. But is it the ideal form of authentication, or a privacy nightmare?

Time to Get With the Process
CapitalStream helps Scotiabank automate loan processes and improve service.

Guardian Life's Sguerra Promoted to CTO
Former Guardian Life chief architect given task of developing enterprise architecture vision comprising application development and infrastructure.

Wednesday, February 08, 2006

ICICI Bank to (Auto Loans) raise home loan rates by 50 bps

ICICI Bank to raise home loan rates by 50 bps
Hindu Business Line, India - 5 hours ago
"Auto loans are sensitive to some extent, but credit cards and other personal loans would not be affected much," he said. While

Friday, February 03, 2006

Sovereign Bancorp, Inc. Announces 2005 Net Income of $676 Million (Auto Loans)

Sovereign Bancorp, Inc. Announces 2005 Net Income of $676 Million
Finanzen.net, Germany - Jan 17, 2006
Home equity loans and lines of credit 10,176,307 142,248 5.56% Total consumer loans secured by real estate 22,035,953 306,626 5.55% Auto Loans 4,454,501 60,423

Customers sue Hebron Auto
Cincinnati Enquirer, OH - Feb 2, 2006
Bank's suit claims the company owes it $4 million in unpaid loans and overdrawn receiver, meaning he is now in charge of putting Hebron Auto Sales' affairs in

Sears Canada Reports Fourth Quarter Earnings and Full-Year Results
CNW Telbec (Communiqu�s de presse), Canada - 18 hours ago
43.9) (9.8) (0.42) (0.09) Conversion of Eatons stores - 8.0 - 5.2 - 0.05 Auto centre operations Unsecured debentures $ - $ 37.8 Subordinated loans - 3.0 Other

Bangchak to raise output
Bangkok Post, Thailand - 21 hours ago
the institute investors and 0 million would come from syndicate loans. Good Noodle restaurants; Spicchio Italian restaurants; and three auto-service businesses

Southern Utah Federal Credit Union Launches Identity Resolution Business Wire (Auto Loans)


Southern Utah Federal Credit Union Launches Identity Resolution
Business Wire (press release), CA - Jan 31, 2006
A wide variety of financial products is offered to members, including savings, checking, auto loans, Visa cards, home equity lines of credit, mortgage loans

Home, auto loans to fuel retail banking explosion
Webindia123, India - Jan 31, 2006
Retail banking is poised for an explosive growth in the next two-threes with home loans expected to grow at 30 per cent and used car finance at 20 per cent

(PZ) Credit Acceptance Announces: Third Quarter 2005 and Restated
Houston Chronicle, United States - Jan 27, 2006
The Company's business -- providing auto loans to consumers -- has not changed; only the accounting has changed. The Company

Cuba invites US cos. to fight embargo
BusinessWeek - 1 hour ago
Home Equity Loans - E-LOAN Get cash in as few as 12 days. Apply for hassle-free home equity loans at E-LOAN. No lender fees. You deserve great auto insurance.

Sovereign Bancorp, Inc. Announces 2005 Net Income of $676 Million
Finanzen.net, Germany - Jan 17, 2006
Home equity loans and lines of credit 10,176,307 142,248 5.56% Total consumer loans secured by real estate 22,035,953 306,626 5.55% Auto Loans 4,454,501 60,423

Bangchak to raise output
Bangkok Post, Thailand - 21 hours ago
the institute investors and 0 million would come from syndicate loans. Good Noodle restaurants; Spicchio Italian restaurants; and three auto-service businesses

Citigroup Joins Cerberus in GMAC Finance Unit Bid, People Say
Bloomberg - Jan 28, 2006
General Motors, the world's largest automaker, needs to sell the unit to cut borrowing costs for auto loans after credit-ratings companies such as S&P and

Customers sue Hebron Auto
Cincinnati Enquirer, OH - Feb 2, 2006
Bank's suit claims the company owes it $4 million in unpaid loans and overdrawn receiver, meaning he is now in charge of putting Hebron Auto Sales' affairs in

Oakland 1st Fund Tops $15 Million at Community Bank of the Bay
Business Wire (press release), CA - Jan 31, 2006
the development of a new restaurant, improvements to local churches, development of owner-occupied businesses, real estate redevelopment, auto loans and home

Thursday, January 12, 2006

Emirates Bank offers (Auto Loans) unbeatable deals on auto loans at the

Emirates Bank offers unbeatable deals on auto loans at the 8th
AME Info, United Arab Emirates - Dec 13, 2005
in the 8th Middle East Motor Show 2005, at the DWTC-Dubai (Dec 12-16),with the set up of its very own stand offering unbeatable deals on auto loans (Stand 4A- 4

Maruti to launch new models
Malayala Manorama, India - 7 hours ago
accruals but the company may look at the option of raising loans, if required The company's pavilion here at the Auto Expo displays the SUV 'Escudo' apart from

San Juan going after tardy loans
Monitor, TX - 16 hours ago
Jorge Arcaute told him to hold off on pursuing foreclosure against the auto shop in Now movement is under way to bring the administration of the loans back in

To Borrow or Not to Borrow?
BusinessWeek - Jan 10, 2006
The Fed's numbers cover credit cards, auto loans, and so on, but not mortgage debt. In recent years, people have been using cheap

Lower trade surplus won't keep central bank from raising rates
CJAD, Canada - 2 hours ago
24 to 3.5 per cent. That would push up borrowing costs on mortgages, consumer and auto loans and lines of credit by the same amount.

Refinancing Car Loans Can Save After Interest Rate Cuts
Pittsburgh Channel.com, PA - Jan 2, 2006
Bankloan.com is another company refinancing auto loans. So what kind of consumers should consider refinancing their auto loans?

HDFC Bank Q3 net up 31% on retail growth
Hindu Business Line, India - Jan 10, 2006
The marginal increase is because of the changing mix of loans, as HDFC Bank has a high share of auto loans, Mr Sukthankar said.

US consumer credit falls 2 months in a row - UPDATE 2
ForexTV.com, NY - Jan 9, 2006
annualized. Nonrevolving debt, such as auto loans, fell $984 million, or 0.9% annualized, despite a rebound in auto sales in November.

Earnings Outlook
MarketWatch - 5 hours ago
Among the estimated costs are $27 million tied to the sale of auto loans, $20 million in losses stemming from changes in the bankruptcy law and $27 million

Pennsylvania business news in brief
Fort Worth Star Telegram, TX - 3 hours ago
The state's aid package includes loans, grants, tax credits and job training PITTSBURGH (AP) - PPG Auto Glass, an affiliate of PPG Industries, is acquiring

Auto Loans - Lower trade surplus won't keep central bank from raising rates

Lower trade surplus won't keep central bank from raising rates
CJAD, Canada - 2 hours ago
24 to 3.5 per cent. That would push up borrowing costs on mortgages, consumer and auto loans and lines of credit by the same amount.

Refinancing Car Loans Can Save After Interest Rate Cuts
Pittsburgh Channel.com, PA - Jan 2, 2006
Bankloan.com is another company refinancing auto loans. So what kind of consumers should consider refinancing their auto loans?

US consumer credit falls 2 months in a row - UPDATE 2
ForexTV.com, NY - Jan 9, 2006
annualized. Nonrevolving debt, such as auto loans, fell $984 million, or 0.9% annualized, despite a rebound in auto sales in November.

Citigroup, Bilbao to Lower Mexican Credit Card Fees, People Say
Bloomberg - 17 hours ago
``We expect interest rates on mortgage and auto loans to decline by about 1 percentage point this year because of competition.''.

HDFC Bank Q3 net up 31% on retail growth
Hindu Business Line, India - Jan 10, 2006
The marginal increase is because of the changing mix of loans, as HDFC Bank has a high share of auto loans, Mr Sukthankar said.

Auto financing venture to start in Beijing
People's Daily Online, China - Jan 10, 2006
developed markets. Fearing bad loans, Chinese commercial banks started to enhance the threshold for auto financing in 2004. "There will

Harbor Credit Debuts Resource Center � Featuring Consumer Blog
PR Web (press release), WA - 15 hours ago
Harbor Credit assists millions of people in making educated decisions about the credit products they buy, including auto loans and auto refinance, new and used

New Website is a One Stop Auto Shop
PR Web (press release), WA - Jan 2, 2006
Yost noted that the frequently updated site is also the only one to provide a comprehensive offering of all types of auto loans and automobile insurance rates.

Thursday, January 05, 2006

Auto Loans - BCP Testing ContinuesThe securities industry successfully completed Phase 2 of

BCP Testing Continues
The securities industry successfully completed Phase 2 of its business continuity planning (BCP) test on Oct. 15.

IT Is in The Money
IT salaries are projected to increase an average of 3 percent in 2006, according to Robert Half Technology's 2006 Salary Guide.

SWIFT Strategist Plots Course for MiFID
Implications are profound for global banks and financial markets

Towing the Lines
While most claims processing systems are oriented toward one line of business, IDP (Wyncote, Pa.) has released Claim-It, a new claims processing system that encompasses all property and casualty lines.

Commerce Acquires Online Wealth Management Tool, Mellon Merges Business Units, and more
Commerce Purchases eMoney Advisor, Mellon Reorganizes Asset Management Units, and Van Lanschot Bankiers NV Chooses Siebel for CRM

SWIFT Strategist Plots Course for MiFID
Implications are profound for global banks and financial markets

Licenses, Licenses, Licenses: Three Firms Pick Up Compliance Solutions
CIBC World Markets, Eurohypo AG, and NewSmith Asset Management All Rollout New Compliance Products

More IT Security Pros Filling Executive Roles
IT security professionals are being invited into corporate board rooms around the globe, wielding more influence and finding increased opportunities.


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