Bank technology

A faster network is letting the regional bank bring new technology into its branches and share data with fintech partners via APIs.

At a time when customers are rapidly switching to digital banking, scores of branches are closing. But many institutions — mindful that brick-and-mortar locations remain a critical sales channel — are also experimenting with physical layouts that are focused on technology and generally smaller than traditional branches. In some cases, they have even done away with employees. Here is a look at some of the designs that banks have built as they seek to fuse the physical with the digital.

Accenture has agreed to acquire First Annapolis Consulting in an effort to add payments expertise in several international markets.

NBT Bancorp has spent the last few years introducing digital banking features intended to reach a broad audience.

Brave, founded by JavaScript creator and former Mozilla CEO Brendan Eich, intends to issue a cryptocurrency to fund the development of a new way to buy and view digital ads.

Coinbase has received approval from the New York State Department of Financial Services to offer trading of the digital currency ether, along with other products.

Live Oak Bank, known for streamlining the lending process, has turned its attention to fixing its patchwork approach to cybersecurity.

Retail-focused Provident Bank has added an on/off switch that allows customers to suspend their debit cards. A few big banks rolled out similar features last year.

The German bank said the new space will help its 7,000 bankers in New York connect with startups.

Experian and Finicity have released a product that aims to speed up decisions on mortgage applications, using financial data aggregation technology.

David Cotney, former Massachusetts banking commissioner, will guide compliance for the New Jersey bank, a critical partner for many fintech startups.

Customers of National Capital Bank in Washington wanted mobile banking with remote deposit capture, but the community bank first had to find a new CEO.

U.S Bank’s commercial Visa card customers can now use their smartphones to make corporate payments via Apple Pay, Android Pay or Samsung Pay.

Canadian banks hope to create an environment where consumers have more control over who is able to view their personal data.

The tech giant said it is enabling third-party developers to create financial services apps in the cloud.

In a Q&A, CommonBond CEO David Klein discusses how an OCC charter might benefit customers by lowering the cost to run a student loan refinancing business.

It is easy for banks to get caught up in what appears innovative but ends up being for show.

BloqLabs, created by the startup Bloq, wants to help developers get their projects in front of enterprise clients.

The use of artificial intelligence in capital markets is predicted to displace people all over the Street. At the same time, a few new jobs will be created.

The ICO fundraising model has already yielded more than $230 million for startups.