Investment

Some vendors have begun offering authentication platforms through which biometrics and other authentication tools can be plugged into any or all channels. TD Bank is sold on this concept, but others are not completely sure.

Credit union technology executives and analysts suggest the industry must collaborate to work on three primary areas: cybersecurity, data and business intelligence and digital-first strategies.

Axis Bank, one of India’s largest private-sector financial institutions, has reportedly become the first bank in the country to partner with Ripple for a blockchain-powered approach to cross-border payment.

Kasisto, a provider of chatbots to banks, announced Thursday a $9.2 million Series A funding round led by Propel Venture Partners with participation from Mastercard and Commerce Ventures.

The Society for Worldwide Financial Telecommunication is exploring the potential of distributed ledger technology for banks to provide real-time reconciliation of their databases for accounts they hold in other banks in a foreign currency.

Disruptors have chased banks for years with the promise of easier and more social payments and other services, but only recently have they started wielding a weapon that should have incumbents worried, says investor Adam Dell.

Swedish mobile point of sale company iZettle has raised about $80 million in funding, in part from U.S. investors.

SoftBank's big bet on next-generation tech; Supreme Court hears surcharge arguments

Luminate Capital Partners has made an investment in Financial Information Technologies (Fintech), a company that sells data management, payment and software to the spirits industry.

DTCC Moving to the Blockchain; Goldman hires Wiesel as tech chief; Donald Trump's team divided