Bank technology

Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era.

EU banks will soon start sharing customer account data with all third parties their customers approve. Very few U.S. banks have latched on to this concept. Here’s why.

BankMobile, the digital-only subsidiary of Customers Bank in Wyomissing, Pa., is planning to use software by Upstart to offer its first credit product to graduates and other young consumers with little to no credit history.

The blockchain startup continues to pack its board with mainstream finance experts.

Key efforts for banks include developing AI applications, adding fintech allies and strengthening cyberdefenses.

A Russian cybersecurity software company reported last week that a new group of cybercriminals had stolen $10 million from 16 community banks. But there's no hard evidence that actually happened.

With Wall Street on board, investors look to spend coins on real estate or through bitcoin debit cards.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

Banks are looking at using the powerful number-crunching technology to make risk calculations, analyze portfolios and protect their systems against sophisticated cyberattacks.

Covault has begun offering a digital identification and virtual safe deposit box service to banks and others. Similar efforts have failed before, but its backers say mobile apps and the cloud have made the service more practical.