Sean Sposito

A European hacker collective has cracked Apple's new biometric security scheme within days of the release of the iPhone 5s.

An old malware variant has revisited roughly two dozen financial institutions — among them Bank of America, Capital One, U.S. Bancorp and Sovereign Bank — according to in-the-cloud security company Zscaler.

Fiserv announced Thursday that First National Bank of Long Island is using its common origination loan platform.

In August 2009, Deutsche Bank established a production studio in Cary, N.C., that has grown into an innovation lab through a partnership with North Carolina State University. This is the first in a series of profiles of banks' innovation labs.

U.S. Bank is reacting to a world filled with disruptive money movers (think: Venmo and Facebook) and partnering with Western Union to allow customers to make peer to peer payments from the bank's mobile banking app.

At this year's FinovateFall conference in New York City, a few relative newcomers showed new approaches to old problems.

As banks desperately try to lower their risk at the point of sale, a San Jose startup is working to create a device ID and authentication scheme that it hopes will eventually reduce fraud.

The Silicon Valley startup works through a set of telephone protocols to triangulate cell phones — no apps needed.

At the beginning of the month, U.S. Bancorp purchased the other half of its supply chain joint venture, Syncada, from its partner Visa.

U.S. Bancorp has added Visa's share to its own in the supply chain processing network joint venture, Syncada.

Backbase launched portal software for commercial banking on Tuesday.

MoneyDesktop on Tuesday launched a long-term goal setting platform that aggregates a person's daily spending habits and suggests a financial road map.

Software created by developers at TechCrunch's Disrupt SF Hackathon shows Glass' potential for digital transactions beyond clothing.

Twitter put in place a multi-factor authentication system last month that mixes in-app generated codes and text message confirmations. Banks might benefit from a similar approach.

IBM announced Wednesday that it's working with Monitise (MONI), a British mobile financial technology company, to create mobile banking, payment and commerce services for the cloud.

Australia's ANZ Group announced Tuesday that it’s launching ANZ Transactive Mobile — a smartphone app that helps streamline cash management for corporate customers.

Two years after a data breach that compromised hundreds of thousands of customer accounts, Citibank has agreed to pay a $55,000 settlement to Connecticut.

In an effort to battle Chinese hackers, Australian researchers are working on facial recognition technology, according to reports.

Australia's ANZ Group is launching a smartphone app called ANZ Transactive Mobile that it says helps streamline cash management for corporate customers.

Banks have good reason to pay attention to the cyberattack that hit the New York Times, Twitter and Huffington Post websites.