May 2007

This week CFO.com features the best YouTube Excel tutorial videos. Highlights: "Creating a Combination Chart in Excel 2007." Excel enables users to combine two or more chart types into a single chart. This type of chart — called a combination chart — can be used to present information in multiple formats. This video will get […]

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Most projects are train wrecks waiting to happen. A recent survey of 40 companies (most Fortune 500) and 2000+ projects revealed that 82% of employees say there are significant organization-wide initiatives underway in their workplace that will likely fail; 78% say they are personally working on a "doomed" project right now. 77% of employees described […]

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As anticipated (after Steve Ellis' not so subtle hints at the NACHA Payments conference last month), Wells Fargo has announced mobile banking service for business customers. This is a first in the industry as all other mobile efforts have been targeted at consumers. And from my perspective, it is a wise move on Wells' part, […]

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You may have seen the headlines and dramatic photos of the tanker truck accident and explosion that melted a freeway exchange in the East Bay (details here). The accident took place April 30th. CalTrans estimated that it would take 60 days and $20 million to repair the two freeway connectors that were damaged. A freeway […]

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Glenbrook’s Carol Coye Benson is back from this week’s Payments 2007 conference sponsored by the Federal Reserve Bank of Chicago. The theme of this year’s conference was “Competitive Forces Shaping the Payments Environment: What’s Next?.” Click here to read Carol’s full conference report on Payments News.

This week The Economist magazine discusses the PalPal vs. Google Checkout rivalry. They admire PayPal's market share (more accounts than American Express), efforts to streamline merchant integration (down to days from weeks), low fraud rates, and constant innovation. But Google's Checkout is a formidable challenger, particularly as Google is content to run Checkout at break […]

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The ERP + Performance Management challenge heats up as SAP acquires OutlookSoft in order to compete with Oracle (and it's recent acquisition, Hyperion)   Read more:SAP/OutlookSoft press releaseArticle at CFO.com

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An article posted today at Digital Transaction News cites the relative quiet surrounding Back Office Conversion (BOC) since it's introduction March 16th (as we observed here at ForteBlog after Payments 2007 in Chicago last month). Digital Transaction News suggests that the relatively high cost of scanners and software for large merchants with many outlets creates […]

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It was a fantastic warm, sunny weekend in San Francisco – 80 degrees, clear and not too windy. The type of May weather we locals revel in because we know the summer fog will be with us soon. I took a lawn chair and a big floppy hat to Fort Mason and caught up on […]

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Did you catch the front page article in Friday's WSJ on the TJX wireless security debacle that led to the largest heist of consumer credit card data ever? The $17.4-billion retailer's wireless network had less security than many people have on their home networks, and for 18 months the company — which also owns T.J. […]

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This letter to the Wichita Eagle, in Kansas (a follow up to their article on BOC here) demonstrates how at least one consumer views POP as more secure than BOC. The consumer's rationale is that if the paper check is returned to them the merchant isn't responsible for safeguarding their personal data: Letter to the […]

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For those of you that still rely on spreadsheets – and there are more of you than care to admit it, I know – CFO Magazine has a round up of spreadsheet auditing tools here.

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WirelessWeek, the mobile industry publication, explores mobile banking this week. The article summarizes recent research and efforts underway by major banks and carriers – most of which we've already covered here at FORTEblog, see mobile posts archived here – but one nugget at the bottom of the article that caught my eye: One of ClairMail’s […]

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The latest issue of strategy+business explores the clash of personal ethics and professional demands for productivity and profitability. As companies face increasing pressure to maximize shareholder value and worker productivity, more and more employees are finding themselves trapped between the demands of their job and their own personal ethics. Insights gleaned from interviews with 38 […]

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