Bank technology

Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.

Throw Cathy Bessant of Bank of America a question about a hot tech topic, and she's got answers. Blockchain? She loves it but is still waiting for its use case. Patents? The law is making us be aggressive. Swift? A call to action. And that's just the start.

Fintech firms and banks should collaborate on using alternative data sources to qualify more borrowers for small-dollar loans.

Without the Consumer Financial Protection Bureau setting specific debt collection guidelines — including what technology agencies can use — the industry will continue a practice that harms consumers: lawsuits.

Federal regulators issued a statement Tuesday reminding banks how they can protect themselves from cyberattacks.

Bank of America will move its mortgage servicing back onto Black Knight Financial Services' LoanSphere MSP servicing system of record.

Following Wells Fargo's salvo against screen scraping, one of the leading account aggregators says the larger issue is who has control over consumers' data: the customers themselves, or the banks?

We need a variety of small-dollar credit products to meet a variety of consumer needs. So the Consumer Financial Protection Bureau's proposed payday plan must provide more flexibility.

The archaic practice of using customers' online banking credentials to copy and paste their account information into other programs has been under fire. With a new API, Wells Fargo hopes to bring this practice to an end.

Associated Banc-Corp in Green Bay, Wis., has promoted Brent R. Tischler to the newly created position of director of retail banking.

Deutsche Bank Chief Executive Officer John Cryan said Germany's largest lender is abandoning plans for a new digital bank in the U.S., led by Henry Ritchotte, just months after it was announced.

Federal Reserve Chair Janet Yellen encouraged her fellow central bankers to accelerate their studies of new financial technologies, specifically mentioning bitcoin, the blockchain, and other distributed ledgers, according to the trade group whose conference she attended.

Embracing technology that gives innovators access to their platforms will provide banks with the upgrade they sorely need.

The engineers on Arjun Sirrah's team are on a first-name basis with customer service staff. Those relationships help Darien Rowayton Bank's student lending arm competes with fintech companies.

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

The chief executive officer of Swift, the interbank messaging system embroiled in a global bank-hacking controversy, says to expect more information about breaches to emerge as fully armoring the network's defenses is likely to take years.

Well-established tech giants like Amazon and Google pose a more formidable threat to banks than the thousands of startups populating the fintech market.

The Electronic Payments Coalition's arguments supporting Visa in its legal battle with Walmart are not based in fact.

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.

JPMorgan Chase can give valued clients a free automated investment service or a checking account that comes with no-cost brokerage trades as part of a future bundle of digital-banking products, Chief Executive Officer Jamie Dimon said.