Bank technology

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique attacks that rely on mobile devices.

The San Francisco company hopes to lower its costs by driving out human intervention as much as possible. To get there, it has made the counterintuitive decision to locate its operations staff in one of the country’s most expensive cities.

The Financial Crimes Enforcement Network's enforcement action against Ripple Labs sent a clear message to the cryptocurrency industry about regulators' high expectations for compliance. Such actions will help clear the way for banks to partner with blockchain technology firms down the line.

Lead Bank in Kansas City, Mo., is poised to open a special branch designed for millennial entrepreneurs. Not only can these commercial customers bank in the techie, garage-like space, but they can actually work there, too.

Symphony, the instant messaging service supported by fifteen large banks, says it will be ready to roll on Sept. 15 despite the objections of Sen. Elizabeth Warren and regulators who fear its encryption technology will impede supervision.

Mobile banking growth and a demand for better technology is no surprise. But you might not have anticipated contending with nontraditional competitors. How to keep up? With cutting edge features like debit card/on off, our Mobile Banking App can help.

A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.

K2 Intelligence, an adviser on compliance and cybersecurity, has hired a former FBI cryptocurrency expert and a former regulator who worked on New York's digital currency regulations.

Old-fashioned banks and neobanks are both finding the battle for acquiring customers to be treacherous. So BankMobile, a mobile-first banking service, has launched an innovation lab-like division seeking new tech that could attract thousands of new customers per month.

The heavy costs of fixing broken trades and the need to become more efficient as trade settlement times shorten are driving Goldman Sachs, JPMorgan Chase and Morgan Stanley to invest in a reference-data utility.

The contradictory nature of data privacy and anti-money-laundering rules in the U.S. and E.U. pose a big challenge for multinational banks. But the financial sector can help fix the problem by establishing industry standards that balance national security with individual rights.

Bank of New York Mellon Corp., a custody bank, is still working to provide closing prices for certain mutual funds and exchange-traded funds after a technology used to generate net asset values broke down on Monday.

A growing number of fintech startups are appealing to the sensibilities of millennials by meeting social missions and, in some cases, by tying the amount of business they generate to the amount they give back to charity or to their customers.

BankMobile, the fee-free, digital-only offshoot of Customers Bancorp in Wyomissing, Pa., is launching a technology development division called BankMobile Technologies.

The cloud computing company Salesforce has introduced Salesforce Financial Services Cloud, a series of applications written for financial services firms. The first application in the series is designed to facilitate the relationships between financial advisers and their clients.

Standard Treasury, the startup that Silicon Valley Bank absorbed this month, is helping create software gateways for the institution's high-tech business clients to customize the way they interact with it.

Many community banks seem to have forgotten that they are most valuable for their ability to identify customers' pain and put an end to it. But fierce competition from fintech startups like Lending Club and Kabbage offers a reminder that they cannot afford to disregard this reality.

WASHINGTON — A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.

Google is pitching its lightweight laptops to enterprises such as banks. But bankers say the devices are not yet a match for financial institutions' intense computing needs.

When the folks who run the LeBron James Family Foundation want to track the academic progress of students it helps, they turn to an unlikely developer of software programs: JPMorgan Chase & Co.