Bank technology

The fiasco may hold a valuable lesson for fintechs and banks alike about the need for closer integration.

Leaked documents appear to show NSA analysts were able to hack into Middle Eastern banks’ servers through the Swift service bureau EastNets. The same tools could conceivably be used by cybercriminals and nation-states with more sinister motives.

Digit's decision to charge a monthly fee for its savings help speaks to the challenge of making fintech profitable.

Tangerine Bank, the digital lender owned by Bank of Nova Scotia, will start offering credit lines this year as it seeks to bolster flagging profit through expanded product offerings.

The blockchain-based platform, set to launch later this year, promises to make gold trading around the world faster, more transparent and safer.

In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards.

The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes.

Amala Duggirala said she was attracted to Regions because of its digital products and commitment to innovation.

Shelton Shugar, the new CIO of Barclaycard U.S., shares his thoughts on fintechs, the merits of cloud computing and paying through Amazon Alexa.

Most financial institutions still struggle to make it simple for consumers to open new accounts entirely on mobile devices.