Bank technology

Small-business lender Funding Circle, which has operations in the United States and the United Kingdom, has received $150 million in new investment.

The San Francisco bank has added three more young technology firms to its accelerator program, which is aimed at adapting products from outside the financial services world for creative uses in banking.

The House is preparing to vote on two cybersecurity bills this week, kicking off the latest push to improve information sharing between private companies and the government about potential attacks and threats.

Jeffrey Robinson, author of the acerbic "BitCon," explains how he squares his admiration for blockchain technology with his contempt for the Bitcoin currency and community in the final part of a conversation with American Banker's Marc Hochstein.

International payments provider Currency Cloud has opened offices in New York, bringing the company into the U.S. market.

Customers are dodging deposit fees by hanging onto their extra cash and using apps to more frequently check their balances, denying banks crucial noninterest income.

Global Debt Registry, which has created a central repository for consumer debt, has inked a marketing deal with TransUnion and may extend its reach to payday loans.

Uber Technologies Inc. and Capital One Financial Corp. have joined to give the credit-card issuer's customers cheaper rides on the car-sharing service.

Rand Paul, the Kentucky senator and Republican presidential candidate, told supporters and Bitcoin enthusiasts that policymakers should foster the development of new payments technologies like they did with the Internet.

Consumers should receive the same level of protection whether they choose to do business with a bank or with marketplace lenders and other challengers.

Google will provide deposit insurance backing for funds stored with its wallet service, positioning the technology giant along with stored-value providers that use the FDIC's "pass-through" coverage. Here's why that matters.

Google Wallet is making a significant change in how it handles funds, in the latest of a series of moves that gives Google a stronger footing against Apple Pay's rising tide.

As branch transactions continue to decline, banks are increasingly requiring expertise in an area they paid less attention to in the past: digital design. BBVA and Capital One's recent purchases of user-experience and design firms underscore the increasingly important trend.

In the same way that Napster and peer-to-peer file sharing changed the face of the recording industry, blockchain technology will force banks to reconsider their traditional roles.

Sales of cyberinsurance are rising among financial services companies, a sign of the times as data breaches, distributed denial of services and other types of attacks continue. But policies can be misleading, and they definitely are no silver bullet.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including thoughts on the sale of GE Capital and how the CFPB's new mortgage disclosure forms will shake up the industry.

American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors.

Digital innovation has yet to coalesce around any one executive. Chief marketing officers are ideally positioned to fill the void, since they are the natural leaders in understanding the entire customer experience from origination and sales through delivery and measurement.

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 from our social media platforms.

The automated-teller-machine maker announced new software that it estimates can save up to 40% annually on ATM costs by reducing the agony of updating each box individually. The product targets the many banks that still need to upgrade their ATM fleets to Windows 7.