Bank technology

Circle Internet Financial is deemphasizing bitcoin services to focus on global mobile payments, it said Wednesday as it unveiled a new blockchain protocol called Spark and messaging features for its existing app.

Biometric authentication company Veridium has named a former fintech executive from HSBC as its new CEO.

Community banks are increasingly looking to fintech firms as a way to offer customers the tech they want in order to be competitive.

Customers Bancorp of Wyomissing, Pa., has entered into a cease-and-desist order with the Federal Reserve related to the student disbursements business it bought from Higher One Holdings. It also agreed to pay a civil penalty of $960,000.

There's no denying we are in a mobile-first era. But banks must overhaul their online banking to reap long-term profitability.

Finicity, a provider of real-time financial data aggregation and insights, has closed a $42 million round of funding.

Cross River Bank, which processes payments and funds loans for fintech startups, says that if such firms got a federal charter, it could help them another way: teaching them compliance.

A preview of the next version of Moven's personal financial management app finds a new direction — helping people understand the trade-offs they make between short-term and long-term financial goals.

Large financial services firms are right to fight data-aggregation access, but they'll lose this fight to arguments based on innovation and "inclusion" if they do not quickly enhance their own value proposition.

Deutsche Bank has hired two executives to fill newly created positions meant to foster development of fintech products.