Bank technology

NCR has reached an agreement for an $820 million investment from private equity giant Blackstone Group, which it will use to fund a $1 billion stock buyback.

In a few instances, banks have temporarily blocked data aggregators from screen scraping customers' bank account information. Are the banks exercising appropriate judgment or obstructing potential competitors?

While cybersecurity has already been part of bank exams for years, the Federal Deposit Insurance Corp. is highlighting it as a separate comment in order to ensure the issue is getting appropriate attention from bank executives and boards.

The Treasury Department has recently solicited input on how to improve marketplace lending. Here are four ways to help improve access to credit.

The competitive environment has raised the importance and profile of marketing, but many banks are still trying to market themselves on a shoestring budget.

Royal Bank of Canada's chief executive, Dave McKay, says the company could roll out a loyalty system kept on a blockchain next year as it experiments with distributed ledgers and looks to enhance its mobile wallet.

There's another fintech accelerator coming to New York.

Central Bank of Kansas City in Missouri has agreed to issue prepaid cards for Cachet Financial Solutions in Minneapolis.

Legacy core systems make banks vulnerable to new competitors and risks. Modernization is underway, but many institutions are not moving fast enough. The risk of waiting too long is that it will take too long to catch up.

The New York banking regulator announced Tuesday it was working on new cybersecurity requirements even as bankers pushed agencies to further harmonize their efforts.