Bank Technology News

KEY TOPICS

Westpac Aims to be First to Unlock Mobile Apps with Fingerprints

The cutting-edge bank — it already offers smart watch apps — is testing the technology on its employees' mobile devices and, if all goes well, it plans to roll it out to its customers by late summer.

THE LATEST

Deutsche Bank to Process Bank of China Payments

12:41 ET

Live Oak in N.C. Planning IPO, nCino Spinoff

10:45 ET

Canada Agency Reports Heartbleed Bug Breach of Taxpayer Data

09:35 ET

J.P. Morgan Teams with ProQuest to Broaden Access to its Analysts' Reports

01:37 ET

FIS Acquires Loan Origination Company CMSI

11:20 ET

Multimedia

Video: Why Bankers Are Struggling to Innovate

Features

David Tente, the executive director of ATMIA

Are ATMs the Right Channel for Serving the Underbanked?

The ATM Industry Association is examining ways the machines can be used to better reach lower-income consumers. Sending money to someone, paying bills, and loading a portion of a check onto a prepaid card are among the types of transactions the group is envisioning can take place through ATMs.
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FFIEC Issues Heartbleed Warning; Major Banks Say They're Protected

Regulators have reacted as expected, but large banks say they’re not vulnerable to the security flaw. Nonetheless, security questions remain.

JPMorgan's 1Q Slump Shows Just How Little Fun Banking Is Now

The country's biggest bank reported a 19% drop in net income for the first quarter, highlighting how much the lackluster economy and mounting regulations have cut into banks' ability to grow profits.
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National/Global

Consumer Finance

Why a Currency Based on an Internet Joke Should Be Taken Seriously

More companies are accepting "altcoins" such as Litecoin and Dogecoin in addition to the more common Bitcoin, showing that even silly currencies based on Internet memes can open merchants to new markets of consumers.

Buzz Points Seeks More Bank Partners for Debit Rewards Program

Armed with $19 billion in fresh capital, the loyalty vendor is planning a major expansion at a time when small banks and credit unions are eager to beef up their debit rewards programs.

Windows XP Goes Dark; Will Hackers Be Lurking?

As the bells toll for Windows XP today, millions of computers used for online banking will no longer receive security updates. Microsoft has warned users that a failure to upgrade could expose them to fraud, but some observers say the concerns are overblown.
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Risk Management

15 Reasons Bankers Are Struggling to Innovate

Cost concerns, regulations and restrictions on working with vendors are a few of the reasons bankers are having a tough time embracing new technology, according to American Banker readers.
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Consumer Finance

Banks Urged to Beef up Defenses against DDoS Attacks, ATM Fraud

Concern about large-scale ATM fraud and denial-of-service attacks prompted regulators to issue two new alerts warning of various scams and outlining steps banks can take to prevent them.

Risk Management

Rise in Digital Banking Heightens Fraud Risk, Bankers Say

Online and mobile banking have forever transformed the way people bank, but the digital evolution has a dark side: it is increasingly creating new opportunities for fraudsters to hack into accounts.
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Tellers Become Guides and Storytellers in High-Tech Branches

The future of the branch is anyone's guess, but one thing is for sure: RIP teller lines. The new teller-line free branch concepts require staff members to better deliver a brand experience that includes demoing new mobile app features to signing a customer up on a new product.

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Lynn A. David

Banks Can Offer Free Checking — It's Called E-Checking
Jon Eberly

Why Mobile Payments Have Yet to Take Off
Gregg LeStage

Bankers, Insource Your Innovators
Jeanine Skowronski

Bankers, Beware of T-Mobile

What's this?
Produced by the editors of PaymentsSource, American Banker and Bank Technology News, Disruptors is a news and analysis feed focused on ideas, people and companies that have the potential to transform banking and financial services.

Disruptors

In Pictures: Mobile's War on Interchange

Mobile wallets and mobile point of sale systems have tried many tactics to win over merchants by cutting costs. Some vendors have been extremely inventive in how they push cheaper payment options. read more »

GALLERIES

5 Ways Financial Service Companies Are Using Customer Photos

« »

A picture is worth a thousand words - even in financial services. In the wake of the success banks have had offering mobile check deposit, banks and startups are finding reasons to allow people to submit other types of images through mobile apps. Here are five companies that are encouraging customers to snap that receipt, financial narrative or bill. The art helps customers do banking tasks quicker; the companies get their claws into more customer data. (Image: Thinkstock)

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About the Rankings

The FinTech 100 and the Top 25 Enterprise Companies in FinTech are American Banker and Bank Technology News' annual ranking of the top technology providers to financial services companies worldwide. The ranking is developed in conjunction with IDC Financial Insights and with public relations support from The William Mills Agency.