Technology

FIs can free their IT team to focus on more profitable projects, reduce the risk of fines and ease the administrative burden of audits, writes Sean Ventura, chief information security officer at Atmosera.

Its data-driven financial management services for workers who live paycheck to paycheck — and a contract with Walmart — have attracted executives from Facebook, Slack and elsewhere as well as a major investment from the head of Box.

Members prize good customer experience so to meet this expectation institutions need to develop a strategy for APIs.

The senator wants Treasury to enhance fraud protection in the Direct Express prepaid program — now a partnership with Comerica Bank — when its contract is rebid in 2020.

Housing and auto sales are just the first sectors to feel pain from rising rates; BlackRock may have identified its next CEO.

When Visa first introduced an automobile prototype designed to include a payments platform in 2015, it stated the intention for this research and development to be part of a five-year plan.

Thin margins and lengthy payment cycles can make cash flow challenging, but the payment terms of an invoice can ease some of that pain, contends Brandon Spear, president of MSTS.

Whether it's the OCC's special-purpose charter, ILCs or some other option, observers see fintechs being able to obtain banking powers.

The 10 startups will receive initial investments, mentoring and training as part of the ICBA ThinkTECH Accelerator.

Saul Van Beurden will have oversight of both technology and information security and will report to CEO Tim Sloan.