Bank technology

Companies climbing the FinTech Forward ladder lead on issues banks care about most — including mobile, omnichannel and big data.

Our FinTech Forward Companies to Watch are helping banks step up their game by offering virtual assistance, better money management tools and other solutions.

A new app aims to modernize the automobile financing process by allowing car shoppers to get credit approval on their phones.

The Federal Reserve said Tuesday that 19 private-sector proposals are now under review by nearly 500 members of two separate task forces, one of which was established to chart a path toward a faster payment system, and the other focused on payment system security.

Banks continue to lay off operations workers and send their jobs to other countries with lower labor costs. They may feel they have no choice, but there are risks to consider.

Royal Bank of Scotland will soon launch a customer pilot of Luvo, a chat bot taught to answer customers' questions in near-real time and route more complex requests to advisers using IBM Watson Conversation.

Mission Asset Fund has helped people build their credit by formalizing the informality of lending circles. The John D. and Catherine T. MacArthur Foundation recently named Mission's CEO José A. Quiñonez one of its 2016 Fellows.

A part of Manhattan dominated by technology companies — Google, Facebook, Twitter — is now drawing a more traditional New York industry: banking.

B of A's Merrill Lynch unit by early next year plans to join Charles Schwab, Fidelity Investments, BBVA Compass, U.S. Bancorp and others in offering clients a low-cost investing app and online service.

It's hard to sell a big bank something regardless of the tech company's size. But for early-stage startups with only a handful of employees and a product still under development, the challenge is far greater than for seasoned tech vendors.