Bank technology

Nacha, the bank industry group that oversees the automated clearing house network, has appointed six industry executives to its board.

The Canadian bank's U.S. wealth management arm is moving toward a hybrid digital-human advice platform, partnering with BlackRock's FutureAdvisor to add robo tools for its 1,900 advisers.

There are benefits for banks in fintech collaboration via application programming interfaces, but financial institutions should not let go of customer engagement.

The industry's rapid change is shining a spotlight on middle and senior managers who inherit positions and often have to fix the messes — while maintaining the successes — of their predecessors.

Blockstream, a tech startup that employs several core developers of the bitcoin protocol, has raised $55 million in venture capital to develop its sidechain technology and expand its global operations.

WASHINGTON — The current financial regulatory structure is ill-suited for innovation, but a legislative effort to fix that may still be a long way off, according to top House Republican lawmakers.

WASHINGTON — The Federal Deposit Insurance Corp. is urging banks to perform due diligence and identify potential risks before conducting business with marketplace lenders.

SunTrust Banks in Atlanta said Tuesday that it has created a new line of business specializing in the payments and technology industry.

Cross-border payments, even small ones, take days to clear, cost 5% to 10% of the payment amount, and can be baffling to the consumer. Zenbanx, TransferWise and Ripple and other startups are trying to change this.

The largest institutions moved to the top of J.D. Power's rankings, thanks largely to the popularity of their digital offerings and high scores among young adults.