Technology

The partnership with OnDeck will allow the megabank to approve and fund loans in as little as a day, according to CEO Jamie Dimon. Meanwhile, OnDeck is eyeing similar partnerships with other banks.

Before banks are truly integrated into the digital landscape, they must break down data silos and implement steps to make data more accurate and actionable.

The New York company makes two- to three-year term loans of between $3,000 and $25,000. It is seeking to distinguish itself from other digital lenders by targeting young adults who have limited credit histories.

Data breaches have become scarily commonplace. But even small financial institutions can take action to thwart hackers and minimize losses.

Nearly 60% of merchants using ShopKeep's tablet-based mobile point of sale software predict that half of consumers will be using mobile payments as a primary payment form by 2018.

GORUCK sells what's called "rucking," something so unusual that one of the first things on its website is a link called "what is rucking?"

Banks are slowly warming up to the idea of open APIs, essentially tools that allow banks to easily connect with others, but BBVA's Shamir Karkal says that they will likely also push banks to modernize their core systems.

A former Federal Deposit Insurance Corp. employee took off with data on some 44,000 customers of closed banks when she left the agency in late February, according to an agency memo uncovered by The Washington Post.

AOC Solutions in Chantilly, Va., has launched Transact Global, a processing platform exclusively for digital payments among businesses that still rely on manual processing.

Allied Wallet, a London-based online payments processor, completed a payments gateway integration with Marco Fine Arts Inc., enabling the printing specialist’s customers to accept payments in 196 countries, the companies said April 11.