Bank technology

The leak of client records at Morgan Stanley illustrates the danger posed when just one employee has unauthorized or unsecured access to sensitive information, as well as the ongoing threat to financial institutions from insider theft.

The ideal digital bank would respect customers' privacy and relate to them as human beings while offering an array of simple, easy-to-use mobile and online apps.

The prepaid card issuer Green Dot has promoted Kuan Archer to become its chief operating officer.

Geolocation can play to community banks' strengths as supporters of local businesses. But small institutions typically lack the resources to create and test this technology and their core platform providers have yet to offer such services.

Technology companies are wooing customers away from traditional financial institutions. If banks want to address this threat, they need to rethink their business models and stop chasing profits at all costs.

New screens are treated with an agent that deters the growth of bacteria. Will germaphobes welcome them?

Scott Sanborn, the chief operating officer of established alternative finance giant Lending Club, has joined the board of CircleUp, an emerging online marketplace for private equity investment.

This may be the year that banks finally adapt to the new risk landscape by shaking up their boards, bolstering cybersecurity and increasing vendor management.

A fired Morgan Stanley financial adviser accused of stealing client data never intended to sell the information and "is extremely sorry for his conduct," his lawyer said.

Moven has modified its personal financial management app to work on a smartwatch. Will millennials be more likely to heed spending advice delivered to their wrists rather than their phones?

Last year regulators tightened their grip on Wall Street, while banks were caught off guard by emerging cybersecurity and reputational risks.

Behind the scenes at SafeAmerica Credit Union's core conversion, a tech executive finds the project consumes more of his time than he ever thought it would, with tasks like testing, data cleansing and data integration requiring attention.

Fearless forecasts from BankThink's stable of industry veterans, experts and critics.

Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce.

Banks are still throwing support behind Apple Pay – 10 more banks signed up for the service in mid-December. Yet many say they're keeping their mobile wallet options open.

The fast-food chain Chick-fil-A has confirmed that it was the victim of a recent data breach.

The cash register company turned ATM maker purchased online and mobile banking provider Digital Insight to better compete in digital banking and to let banks offer customers seamless interactions between channels.

The Federal Bureau of Investigation is looking into whether hackers working on behalf of any U.S. financial institutions disabled servers that were being used by Iran to attack the websites of major banks last year.

Biz2Credit, an online lending marketplace geared toward small businesses, has received a $250 million investment capital agreement from Direct Lending Investments, a fund that purchases small business loans through online and peer-to-peer lending platforms.

Tech startup Global Debt Registry hopes a central, online record of consumer debt will help end abuses in collection practices. But the byzantine world of debt collections is full of challenges.