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January 15, 2013
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News for the retail banking industry

  Top Story 
Don't Wait to Be Asked: Lead
A roadmap for increasing your influence at work. Learn more through insights from Kellogg School of Management Professor Harry Kraemer.
  Industry News 
  • Banks learn how to guard against new wave of cyberattacks
    The second wave of denial-of-service attacks launched recently against American banks appears to have had less of an impact as financial institutions have become more adept at setting up protections, experts say. For example, log-in and search applications are popular entryways for attacks, so banks have beefed up that security, they say. (1/14) LinkedInFacebookTwitterEmail this Story
  • More bank layoffs are possible this year, analysts say
    Despite already cutting thousands of jobs, some big banks such as Bank of America and Citigroup could still make more layoffs this year, analysts say. Tighter regulations and a traditional lending slowdown have continued to pressure banks. Job cuts likely will be concentrated in trading divisions, but retail-banking jobs could also be cut as banks shift to automated services. CNNMoney (1/15) LinkedInFacebookTwitterEmail this Story
5 Cures for Business Growing Pains
A growing business is a successful business, but it comes with its own set of complications. Growing pains can arise from new employees, added roles and responsibilities, and a premium on office space. Read this informative e-book for five practical tips to managing your growing office space.
  Legislative Affairs 
  • U.S. could run out of money by mid-February, Geithner says
    "Extraordinary measures" used by the U.S. government to pay bills while waiting to have the debt limit raised will work only until sometime between mid-February and early March, Treasury Secretary Timothy Geithner said in a letter to House Speaker John Boehner, R-Ohio. "Congress should act as early as possible to extend normal borrowing authority in order to avoid the risk of default and any interruption in payments," he wrote. Bloomberg (1/14) LinkedInFacebookTwitterEmail this Story
  The Future of Money 
  • U.S. Bank offers iPhone mobile payment option
    U.S. Bank customers who sign up for a FlexPerks Visa account will get an iPhone case that comes with near-field communication technology, allowing them to pay for purchases using their iPhone 4 and iPhone 4S devices at contactless point-of-sale systems. "Offering payment applications for mobile devices prepares our customers and partners for the new wave of mobile payment types that are emerging," said Todd Moning of U.S. Bank. (1/14) LinkedInFacebookTwitterEmail this Story
  • Other News
  Members in the News 
  Career Development 
  • Being disciplined doesn't have to be a downer
    Maintaining discipline and serving customers well doesn't have to involve constant oversight and harsh punishments for transgressors, writes Irv Rothman, CEO of Hewlett Packard Financial Services. It's more important to be proactive, training workers thoroughly and then trusting them to do their jobs well. "Overemphasis on the punitive aspects can be counterproductive, especially if it's in sharp contrast with the way employees are otherwise treated," Rothman writes. ThoughtLeaders blog (1/9) LinkedInFacebookTwitterEmail this Story
  CBA Connect 
  • CBA's Banking on Youth Competition -- Call for Sponsors
    Now is your chance to join fellow bankers to support the 2013 Banking on Youth Competition. The program's inaugural year was a great success with 13 sponsoring banks and more than 170 entries from youth teams across 33 states. Sponsorship opportunities for 2013 are still available, ranging from $3,000 to $40,000. Visit our website and learn how you can support this growing competition and connect with America's young entrepreneurs to build sustainable ventures. Contact CBA for more information. LinkedInFacebookTwitterEmail this Story

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If you can't write your idea on the back of my calling card, you don't have a clear idea."
--David Belasco,
American theatrical producer, director and playwright

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