Bank technology

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

For all the talk of cooperation and partnerships with banks, financial services startups are doing well in underserved niche markets such as actors and musicians.

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.

Private information about consumer and business accounts was exposed. The bank immediately cited vendor error.

Starling Bank in the U.K. is building from scratch. Unlike other neobanks, Starling sees its future as a hub of financial products, not necessarily the generator of every product. CEO Anne Boden explains.

Most banks still struggle to make it simple for customers to open new accounts entirely on mobile devices.

A new company, bridge21, says it is using bitcoin to allow users to send money from the United States to Mexico at better rates than traditional payments companies.

Five banks and the tech firms R3 and HQLA^X are using distributed ledger technology to make it easier to transfer liquid securities and collateral.

Genpact's new platform promises to reduce the number of past-due invoices to less than 3% in most companies.

Financial services was the top industry targeted by malware in 2016, so banks need to be strategic in building their defenses against attacks.

The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago.