Bank technology

Now a buzzword for disruptive technologies, Fintech was the name of a research project initiated by Citicorp in the 1990s, when the Citigroup predecessor was trying to shed its image of being "out of touch with market preferences."

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 Nevada firm is trying to make debt collections easier, friendlier and more interesting on a smartphone app designed for the underbanked. The new app, called PaySwag, is being marketed to banks and other companies to foster a more proactive approach to collections.

Silicon Valley Bank and MasterCard are accepting applications for the fourth installment of their startup accelerator program Commerce.Innovated.

The fingerprint records of about 5.6 million current and former federal workers, contractors and job applicants were stolen in the breach of the U.S. Office of Personnel Management’s computer system, up from an initial estimate of 1.1 million, the agency said Wednesday.

The marketplace lender is paying $30 million in cash plus an undisclosed amount of stock. It plans to use BillGuard’s apps, which come with detailed information about their users’ financial habits, to attract new borrowers.

A task force convened by the Federal Reserve has made substantial progress in its first few months, but the path to real-time payment in the U.S. is still littered with challenges.

DD4BC, a group that threatens to knock out corporate websites unless it is paid off in bitcoins, has expanded its denial-of-service attacks on banks.

The Federal Reserve Board has approved enhancements to its automated clearing house service that will require its banks to process same-day payments.

New York's regulation of Bitcoin businesses is "still not perfect," a Circle Internet Financial executive says, but it didn't want to pull its services from the state as some have.

Today, American Banker and BAI begin rolling out our annual FinTech Forward rankings of the top 100 technology providers to U.S. banks.

Can true innovation happen when so much of the industry is still working on systems built in the 20th century?

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The bank's new audio series typifies a growing trend of bank brands thinking differently to get consumers' attention and telling stories on ever-more digital mediums as branch traffic keeps declining.

Bank executives and outside experts finger technology as the area most in need of improvement when it comes to vetting financial institutions' ability to withstand the next bit economic shock.

U.S. Bank has promoted Jeffrey W. Jones to president of its corporate payment systems group after he spent nearly 15 years as head of global treasury management.

The profound disruption that has led to the rise of challengers like Apple, PayPal and Square can ultimately drive innovation across the financial services industry.

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A recap of the informed opinions (and the discussions they generated) on BankThink this week, including banks' subpar shareholder value and how big-data advocates can better communicate with critics who worry about the technology's potential discriminatory effects.

Competitors have been spreading rumors that JPMorgan Chase is quitting the field, the bank's CEO said in a wide-ranging question-and-answer session that touched on Bitcoin, China, and his retirement plans.