Features

• 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.

  By Nancy Gohring | 28 August, 2009 01:35

  Tags: finance, gen-y, innovation

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  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?

  By Ephraim Schwartz | 25 September, 2008 09:05

  Tags: business intelligence, finance, industry verticals