Bank technology

TD Bank is deploying "smart" automated teller machines in four Canadian branches.

This year, electronic trading will finally come to the bond market and more banks will adopt technologies that harness social media to flag potentially fraudulent customers.

Pioneer Federal Credit Union in Mountain Home, Idaho, has deployed video teller technology to its ATMs.

The digital-only offshoot of Customers Bank combines edgier technology — like letting consumers snap photos of their driver's license to open accounts — with a new business model that counts on interchange revenue rather than fees.

Two defendants in an alleged identity theft ring that targeted banks in New York City and Westchester County have pleaded guilty.

BBVA and USAA are among a group of participants in a $75 million investment in the Bitcoin wallet provider Coinbase, an unusual move given the cool posture most financial institutions have taken toward virtual currency.

Let this be the year that the financial industry stops using the phrase "big data" and remembers that the goal of technology is to make people's lives simpler.

Many community banks will soon have to replace outdated technology — expenses that will hit them in an ongoing environment of compressed net interest margins, increasing compliance costs and higher capital requirements.

New York Attorney General Eric Schneiderman is proposing legislation to strengthen data security laws to protect consumers from having their personal data stolen.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

In a newly created role, 14-year company veteran Andres Wolberg-Stok is helping Citigroup take its consumer technologies in new directions with APIs, wearables, the Internet of things and biometric authentication.

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 and sister publications.

Google, an early investor in LendingClub, is using the online platform to help it sell more services to businesses.

Regions Financial is testing gamification as a way to teach financial literacy to young people with a mobile app that simulates a sport more commonly associated with older generations.

While computers may have bested humans in chess and mutual fund management, loan underwriting is one area where men can still beat machines.

In an era where businesses are increasingly focused on cloud computing, Citigroup is turning instead to souped-up hardware in the form of IBM's newest z13 mainframe, which it says can help it better deal with the explosive growth in mobile and online transactions.

EMV cards are moving payments security in the right direction. But if hackers tamper with the hardware or associated software on merchants' EMV-enabled equipment, they can silently spirit off customer data.

After 18 months of testing, Wintrust is rolling out technology that lets customers order cash ATM withdrawals through a mobile app. The bank aims to quicken transactions, strengthen security and pave the way for mobile wallet adoption.

The White House rolled out several more cybersecurity provisions on Tuesday, including a proposal to better coordinate information sharing between the government and the private sector around cyberattacks and emerging threats.

Wintrust Financial in Chicago has formed a division to focus on the city's start-up community.