Bank technology

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.

A server containing sensitive consumer information at Experian has been breached, with the records of as many as 15 million T-Mobile customers stolen, the companies said Thursday.

Banks worldwide are in danger of losing significant profits in several lending areas to nonbank alternative lenders, according to a McKinsey study.

Customers who used a payment card between May 19, 2014 and June 2, 2015, may have had their full set of card data stolen.

PNC Financial Services Group cut the ribbon on its new, environmentally friendly headquarters in Pittsburgh.

Banks have embraced it, but their customers barely use Apple's mobile payment solution.

Outdated and inefficient processes come at the cost of face time with customers and weigh banks down with unnecessary expenses. Here are some of the most common problems faced by the industry and ideas about how to fix them.

First Data, the payments processor taken private by KKR & Co. eight years ago, is seeking to raise as much as $3.2 billion in what’s poised to be the biggest U.S. initial public offering this year.

In updating cards with EMV technology, Visa and MasterCard have neglected an important element of what makes the security standard so successful elsewhere. The need for PIN verification is clear.

Independence Bancshares in Greenville, S.C., has dismissed Gordon Baird as chief executive and suspended its development of a real-time payments technology.