Bank technology

Cameron and Tyler Winklevoss's Gemini Trust Company LLC has gotten a New York State regulator's blessing to trade another kind of cryptocurrency on its bitcoin exchange.

Most of the largest banks are participating in industrywide blockchain standard-setting activities, trying to determine which use cases would improve upon existing technology. That's backward, says Chain, a startup whose product is already being used by banks.

Hefty investments in customer-facing technology such as person-to-person payments, mobile check deposit and fingerprint recognition have given big banks a decided edge in attracting and retaining younger consumers.

Add HSBC to the list of banks offering Touch ID authentication services to mobile banking customers.

Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.

The hacktivist group Anonymous, which brought down the Greek central bank's website through a distributed denial of service attack on Tuesday, claims it will be targeting financial organizations around the globe over the next 30 days.

Despite having fewer prepaid cards in the market, Green Dot delivered a first quarter that exceeded its executives' expectations with $78.3 million in adjusted earnings.

TransferWise, which has been developing an anti-bank brand, now says it wants to partner with banks to expand its reach in the U.S.

The hits that alternative lenders like OnDeck Capital are taking shouldn't be a surprise for an industry built on unsustainable business models.

Prosper Marketplace Inc., one of the largest U.S. online lending platforms, is slashing its workforce 28 percent, joining rivals in signaling investors aren’t as eager to fund loans after years of rapid growth.