I have effectively retired from blogging, but my inbox continues to feed me with interesting materials that I could either just leave in my inbox after reading or share with others after I'm done. This is one worth sharing here because it is relevant to banking.
Hello Mr. Magnaye,
I was reading over some of the blog post on your site and I was particularly interested in the Kelly Kilpatrick blog “The Missing Gap in Education – Why We’re a Nation in Debt.” I also saw how much experience you have in the market place.
I thought you might be interested in the ACI Worldwide press release that went out Tuesday, December 16, 2008. The release deals with the findings garnered from a survey that they took a few weeks ago at the BAI Conference.
Some of the findings are:
• 85 Percent of Respondents Planning to Use Technology to Help Profitability.
• The survey also found that the biggest challenges respondents are facing at the moment are reducing costs and gaining efficiencies; winning new customers; and keeping up with new systems and technology.
• More than 36 percent of respondents said that in order to stay profitable in the current, economy they are controlling expenditures by making operational cost reductions.
• 10 percent have begun to outsource certain functions.
• 13 percent have increased efforts to reduce fraud.
• More than 20 percent said they have put other controls in place to stay profitable.
The full release is below for your reference (Blogger's Note: You can read the full release by clicking this link instead). If you feel it meets your criteria to blog about then we would appreciate it. If not feel free to pass it around because I think some of the findings are very interesting.
If you need any other information about the survey or ACI Worldwide feel free to contact me.
Thanks
Ryan Ridder
For ACI Worldwide
ryan@jonespr.net
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