Bank Technology News

They haven't caught much media attention lately, but distributed denial of service attacks continue to take place and have become larger, researchers analyzing the latest attack patterns say.

If there's one lesson bankers can take away from the hacking incident at online ticket seller StubHub, it's that they need to educate their customers about the dangers of using the same passwords on multiple sites.

As lenders make riskier loans, they're banking on improvements in their ability to track delinquent borrowers' cars to keep losses to a minimum.

Ion Bank has been using interactive teller machines, which let customers conduct video chats with tellers, for more than a year. The technology has helped some of its branches stay open for business 27 hours longer per week without overspending.

Community banks need to rethink their technology and marketing to ensure they are snagging a piece of the millennial generation. Big banks have the lead in reaching this demographic, but they are vulnerable, experts said.

Online banking sites are as leaky as sieves, according to some researchers' tests. They are especially vulnerable to clickjacking.
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The bank's adoption of scheduling technology underscores the fact that, while branch traffic is declining, most sales of loan, deposit or investment products are still made at the branch. It's also further evidence that banks are using technology to engage with customers who are visiting branches less and less.

The credit card issuer is looking to build its campus business at a time when other banks' relationships with college and universities are facing regulatory threats.

Apple's partnership with IBM is big and dramatic, but it’s unclear if it will offer anything bankers don't already have access to.
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In The Members Group's innovation lab, engineers have been tinkering with an app that lets Glass users tap to make a payment.