Bank technology

Silicon Valley Bank in Santa Clara, Calif., has hired a chief operations officer to replace Bruce Wallace, as he shifts to a more digital-focused role.

The American Bankers Association is deemphasizing the crisis-era fight over regulation and refocusing on the rising competitive threat posed by technology companies.

BMO Financial Group has recruited Niti Badarinath from U.S. Bancorp to manage its online, mobile and physical channels in North America.

The glacial pace at which card providers and merchants are adding EMV chips to their cards and payments systems benefits no one, and opens new possibilities for card fraud.

Federal prosecutors on Tuesday charged three men in connection with the mass hack attack on JPMorgan Chase that took place in June 2014.

Buying stolen data is an effective way for banks to determine the source of a breach. But fraudsters are increasingly putting up roadblocks because such deals might make it tougher for them to break in next time.

Santander Group has launched an innovation competition for early-stage blockchain startups.

Meta Financial Group in Sioux Falls, S.D., has promoted Cindy Smith to the newly created position of head of technology and operations.

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Zions Bancorp. in Salt Lake City has promoted two executives to leadership roles in the bank's technology division.