Bank technology

Traditional financial institutions are often seen as the outdated rival to new disruptors, but the idea that a bank can't be a marketplace lender, and vice versa, is a myth.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Startups, including one in the virtual currency field, have approached the Office of the Comptroller of the Currency about applying for banking charters, the agency's chief counsel said Thursday.

As the Central Bank of Bangladesh threatens to sue the Federal Reserve Bank of New York over at least $80 million stolen from its account there, the Fed says its systems were not compromised.

There are a lot of things banks can — and must — do to guard against the oldest trick in the cybercriminal book: deceptive emails. Don't laugh: The crooks are getting smarter, but many executives, employees and customers aren't.

Eight months after it revamped its Chase Bank home page, JPMorgan Chase is beginning to roll out changes beyond the sign-in page.

A mature governance framework and risk culture that reaches all employees are among the attributes of a high-functioning "risk organization."

Prosper Marketplace is rebranding a personal-finance app that it acquired last year, a key part of the firm’s efforts to engage more frequently with its borrowers.

Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.

As the search and advertising giant prepares to close Google Compare, banks should take note of two major lessons: even a well-known brand name doesn’t guarantee a smash hit. And two, online credit applications — which can be advertised on such lead generator services — need to be easier to fill out.