Bank technology

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

There is a lingering fear that enabling real-time transfers between consumer bank accounts will open a window for fraud that cannot be closed. But as demand for real-time payments grows, two consortiums led by large banks hope to address the banking industry's fraud concerns by developing an interoperable identity shield.

Many emerging innovators want to incorporate digital advances into the incumbent financial services sphere, not necessarily leapfrog banks.

A fintech startup is hoping that a pop-up branch approach will inspire consumers to replace check-cashing services and checking accounts with a mobile app that connects to a prepaid account.

Opus Bank in Irvine, Calif., will cut about 10% of its workforce and cancel contracts for redundant systems and services.

Implementing discrete changes to a core system to compete with disruptors is merely dressing up an arsenal that really should be replaced or overhauled.

A compilation of our favorite stories of 2015, as selected by the people who assigned and edited them.

A three-year legal battle between FIS and Fiserv that was recently resolved highlights the importance of intellectual property rights in a banking industry that is increasingly growing reliant on technology.

Hanspeter Wolf, CEO of onboarding software vendor Appway, on how he defines fintech and what he sees for its future.

For all the attention nonbank fintech firms get, they still have a long way to go before winning over key customer segments, such as business banking customers.