Bank technology

By partnering with Intuit, Wells Fargo is continuing its journey toward API-based data sharing, and away from screen scraping.

The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing.

Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.

Cambridge Blockchain, a startup that bills its technology as a solution for banks to the competing regulatory imperatives of transparency and privacy, has raised $2 million through a convertible note.

The president's executive order reflects a lack of trust in the identity information shared between countries. In theory, blockchains are tailor-made to solve this problem, but current systems may not be up to the task.

Customers Bancorp says it expects to announce a deal to divest its BankMobile unit within 60 days. It could be an attractive target for a bank with strong loan demand.

Nyca is one of the most active venture capital firms in fintech globally and its second fund should give it plenty of dry powder to pursue further deals.

From frictionless payments to improved underwriting models, connected cars will rewrite the rules for how and where banks interact with their customers.

Connected cars are going to create new revenue streams, not just for automakers, but also for financial services providers.

The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.

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.

Facebook now lets users log in using a physical token. If banks gave consumers this option, it would strengthen the security of online accounts — or at least bolster their image.

Banks want and need to rival tech giants in their use of customer analytics. Some think artificial intelligence is the key to making it happen.

The deal points a way forward, not only to resolve the debate over screen scraping and ownership of customer data but to redefine banks' value proposition.

Customers of JPMorgan Chase will no longer have to surrender their bank credentials in order to use Intuit products like Mint, TurboTax or QuickBooks.

President Trump's campaign to keep jobs in the U.S. could leave bankers worried about their outsourcing IT functions. They are an unlikely target.

Add package pickup to the growing list of things banks are doing with branches as foot traffic declines.

Banks are becoming more comfortable with robotic process automation and could use it overhaul everything from the payroll functions to advising customers.

Lloyds Banking Group was hit by a cyber attack that disrupted online services for customers two weeks ago, a person with knowledge of the matter said.

The Cincinnati bank will be advised by QED Investors on its fintech strategy.