Bank technology

Host Brett King reports from this week's LendIt conference in New York.

Bank of America is revamping its retail network and upgrading its ATMs as it rolls out a new type of branch that bridges the physical and digital worlds.

The question is more than academic. At stake is the role blockchain technology can play in lowering the costs of raising money.

By relying heavily on where a borrower went to college, online lenders may run afoul with regulators and could be missing out on good credits.

Yolande Piazza has been serving in the role on an interim basis since Heather Cox left for USAA.

The cross-border payments startup will use proceeds from its Series D round to fuel growth.

Qapital's funding round comes as banks are increasingly adding money management tools to their mobile apps.

ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA.

A previously unreleased paper lays out the pros and cons for banks of technologies designed to restore confidentiality on shared ledgers.

Startups in the payday lending space say their use of artificial intelligence is allowing them to make better loans at lower rates with fewer defaults.

No fees, no automated voice response and lots of direct mail are among the investment bank’s tactics for its consumer fintech venture.

Personal financial management tools have long relied on financial data aggregation. Now, aggregators are hoping traditional lenders will take a cue from alternative lenders and use the technology to quicken their underwriting decisions.

Quona Capital Management raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.

Much like how Amazon went from selling books to selling cloud services, the online lenders that succeed well into the future will change how they do business, Scott Sanborn said.

Banks have signaled bullishness for blockchain tech. But some say ignorance is leading to ill-informed choices.

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

The San Carlos, Calif., firm is following a similar blueprint as other online lenders — launching with a particular loan product, refining its algorithms, and then seeking to expand into other corners of consumer finance.

Bank blockchain leaders say the technology is solid and privacy's been solved mostly. They’re focused now on integration, collaboration and saving money.

Problems with Amazon's cloud computing services caused major disruption across the Web on Tuesday, but Capital One says it cloud strategy kept things smooth there.

While much of artificial intelligence technology is about automating tasks, it also holds the possibility of enhancing bankers' ability to serve customers.