• NAB reports profits as IT transformation continues

  National Australia Bank reported progress on its IT transformation in half-year results reported today.

• Wells Fargo warns of ongoing DDOS attacks

  Wells Fargo warned on Tuesday that its website is being targeted again by a distributed denial-of-service (DDOS) attack.

• Fujitsu names UniCredit as first European customer for palm-scan authentication

  Fujitsu Technology Solutions has named European bank UniCredit as the first major customer for its PalmSecure authentication system, which is on display at the Cebit trade show in Hanover, Germany, this week.

• Banks crack down on cyber-based account takeovers

  U.S. banks and their customers are doing a better job of protecting themselves against cyberattacks that result in thieves taking over commercial accounts, according to a survey released by the Financial Services-Information Sharing and Analysis Center.

• Botnets for hire likely used in attacks against US banks, security firm says

  Evidence collected from a website that was recently used to flood U.S. banks with junk traffic suggests that the people behind the ongoing DDoS attack campaign against U.S. financial institutions -- thought by some to be the work of Iran -- are using botnets for hire.

• Banking services aim to help Gen Y manage money

  PNC Financial Services is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.

• How IT could have prevented the financial meltdown

  In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?

Whitepapers about finance

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  5 Best Practices for Achieving Peak Performance in SAP Environments

  Given how deeply businesses rely on their SAP systems, it’s simple to see that maximizing performance and uptime is critical. What’s not so simple is figuring out how to understand, let alone optimize, performance in these complex, dynamic, and interrelated ecosystems. This paper offers five best practices that can help administrators more effectively measure and improve SAP performance.

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  The 8 Ways Outdated ERP Damages your Business - How Cloud ERP Creates Competitive Advantage

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  Running a Business in the Cloud: A CFO’s/CIO’s Journey

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  The Rise of Two-Tier ERP