Authentication

Citigroup has agreed to change its policies that prevented low-income consumers from opening checking and savings accounts.

Kofax, a financial technology company in Irvine, Calif., on Thursday released a product that allows lenders to capture and process electronic signatures.

Tangerine, Simple, American Express and Discover are some of the financial institutions that use Apple's Touch ID fingerprint-authentication technology to let consumers replace passwords or to add security.

The biggest bank in the country now lets opted-in mobile Android and Apple customers view their balances without entering their user names and passwords.

U.S. Bancorp recently began offering paperless account opening after seeing good results from electronically signed and documented lending. Yet a large segment of the industry still hesitates to use this technology, for legal, technical and cultural reasons.