Bank technology

Two electronic document management software companies — Axacore, Inc. based in San Diego and Scrypt, Inc., based in Austin, Texas — will merge effective December 31 under the Scrypt name.

Toronto-Dominion Bank's second video smash hit is the latest example of how marketing is evolving to suit digital audiences' tastes. The key to the video's success is an emphasis on customers and community, not the TD brand.

Green Dot Corp. announced Monday that it will continue to sell its prepaid cards in Wal-Mart stores, which are easily its largest distribution channel, through the end of 2015.

Has your community bank recently completed a tech initiative it’s proud of? We would like to hear about it for possible inclusion in our upcoming special report on Top Community Bank IT Projects. Please fill out our quick nomination form to be certain your organization will be considered for our coverage.

A persistent, oddly named security vulnerability in financial industry websites hasn't been used in a real-life attack yet — but experts say banks need to be concerned. Here's why.

Huntington National Bank in Columbus, Ohio, has announced plans to support Apple Pay.

Staples Inc., the largest U.S. office-supply retailer, said 1.16 million payment cards may have been affected in a series of data breaches that occurred from July into September.

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

Charlie Shrem, the former Bitcoin Foundation vice chairman who pleaded guilty to federal charges tied to the illicit online bazaar "Silk Road," was sentenced to 2 years in prison despite his lawyer's bid for only probation.

ATM company Diebold has put together a mini-branch prototype that features artificial intelligence, voice recognition and video tellers.

Large security incidents this year included JPMorgan Chase's August breach affecting 76 million households and seven million small businesses, Home Depot's breach of 56 million card account records it confirmed in September, and the Sony hack discovered in November, in which emails were stolen and hard drives destroyed. Here are some educated guesses about some of the security threats that will crop up next year.

No amount of diligence on the part of financial institutions will help prevent future data breaches until retailers are subject to the same national data security standards that apply to banks and credit unions

A year ago we asked BankThink contributors to make bold predictions about how the financial industry would evolve in 2014. Here's a look back at their forecasts and the actual outcomes.

Engine, an industry group for startup businesses, sent an open letter to the Securities and Exchange Commission earlier this week requesting action on the crowdfunding provision within 2012's JOBS Act passed by Congress.

Collecting and verifying information about corporate customers is a long, often painful process for banks and clients. Now a number of organizations are aiming to solve the problem with registries that do the low-level grunt work on banks' behalf. But skeptics wonder whether regulators will bless the idea—and if banks are willing to put aside their rivalry for a common purpose.

Once known as peer-to-peer, online marketplace lending grew phenomenally and evolved rapidly in 2014, as capital flooded in from institutional investors and traditional bankers sat up and took notice.

American Banker has named online marketplace lending the Innovation of the Year. Matt Burton, CEO of Orchard Platform, explains how this booming business evolved out of peer-to-peer lending and whether alternative finance firms are competing with banks.

Orchard Platform CEO Matt Burton discusses how online marketplace lenders use data and technology to speed lending and improve transparency.

Online marketplace lending, a mushrooming business in the U.S. and the U.K., could take hold elsewhere, says Matt Burton, whose Orchard Platform is looking to expand its lender-support and analytical services internationally.