Banks don't move money. Banks are IT and data services company whose job is transferring and storing valuable data.
The data happens to often represent money.
To be fair, most of the actual bankers I know do realise this and their finance departments absolutely do. Just don't ask me about the Treasury teams.
Disclosure: Used to work at the bank mentioned in the article, so not commenting on their specific systems.
Biting the hand that feeds IT
