Bank technology

FIS has designated a permanent area in its San Francisco office to test and showcase mobile banking and payment apps, highlighting the pressure on traditional vendors to stay current on emerging technologies and recruit young tech talent.

The administration's new step empowers Treasury to freeze assets of those behind attacks that harm the U.S. financial system or other "critical" infrastructures.

The technology, still in its early development stages, will analyze Home Mortgage Disclosure Act files prior to formal submission to the regulator so lenders can spot and fix errors faster.

Event-stream processing software can now do things like predict a customer will leave.

D+H says it wants to help banks with the adoption and integration of new payment origination channels.

Market data cloud solutions provider Xignite has selected a group of entrepreneurs who made best use of an Xignite market data API at the Capital One People & Money Hackathon earlier in March, placing them among the many programmers and developers honored for their work at the event.

The mock-up office is letting PNC resolve issues that would have been costly and time-consuming to fix on the Pittsburgh tower site.

Two former federal agents who helped investigate the illegal Silk Road Internet drug emporium were charged with pocketing hundreds of thousands of dollars in digital money.

D+H in Toronto has agreed to buy the global payments solutions firm Fundtech.

The financial industry and the Federal Reserve are finally on the same page about the U.S. payment system's need for speed. But achieving consensus about what the new system should look like remains a tall order.

Speedier transactions could make a big difference for a wide range of consumers, from hourly workers to patients waiting for medical insurance claims to clear.

It took a decade and a government mandate for the U.K. banking industry to develop a set of rails to transfer funds from one bank account to another in seconds.

An in-depth look at the key players, challenges and stakes in the effort to modernize the banking system's plumbing, from the editors of American Banker and PaymentsSource.

A quick explanation of why bank customers and regulators are demanding that the U.S. move to a real-time payments system.

The Federal Financial Institutions Examination Council issued two warnings today against cyberattacks on financial institutions and suggested ways banks can prepare for new onslaughts.

At a recent conference, industry leaders including Pawlenty of the Financial Services Roundtable and Ellen Richey of Visa spoke of the security basics banks still overlook.

Santander Innoventures Fund says it has earmarked $5 million to Israel-based mobile payment and loyalty provider MyCheck as its first investment.

Banks have been experimenting with biometrics for decades. (Most) recent initiatives show real promise for self-identification using physical characteristics.

Small merchants in are in no hurry to install EMV card readers, contending that losses from counterfeit credit cards are minimal. That worries bankers, who fear that they could end up looking bad if a small business is victimized by fraud and is then left to absorb the loss.

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