Bank technology

A stable of in-house development talent helps Florida's C1 Financial create cutting-edge apps.

Using Splunk Cloud, Orrstown is trying to go beyond merely monitoring network traffic at a time when cyber threats keep mounting.

The Boston bank has become one of the few to let customers open accounts by snapping a photo of their driver's license.

An Illinois bank has pioneered the use of a mobile app that queues up ATM transactions.

WASHINGTON — President Obama on Wednesday formally signed off on the creation of a national intelligence center to share information about cyber threats.

The acquisitive Bank of North Carolina is using a new iPad and desktop app to help its frontline employees make product recommendations to customers.

The Connecticut lender overhauled its enterprise risk management system after becoming frustrated with inefficient spreadsheets.

The bank that got Moven and Simple off the ground is coming out with real-time payments, through a clever use of debit networks.

Digit, a startup in San Francisco targeting millennials, has launched a service that crunches checking account data to determine daily amounts to automatically transfer into users' savings accounts. Its debut points to how personal financial management services are growing up to do the work on the consumer's behalf.

Banks would likely not see an immediate effect from the Federal Communications Commission's open Internet plan, but experts say it could prevent future discriminatory moves by carriers that want to compete more in offering financial services.

Gemalto NV, the world's largest provider of high-security mobile-phone and bank-card chips, said U.S. and U.K. spies were probably behind the most sophisticated computer attacks on its networks in at least five years — though failed to steal a large amount of data.

Lending Club lost $9 million in the fourth quarter, hurt by expenses tied to its highly publicized initial public offering and by other costs.

San Francisco-based Sindeo is trying to bring the mortgage brokerage business into the future, creating a new online service that focuses on helping consumers navigate the often confusing mortgage process from start to finish.

IBM will assist Citi's Mobile Challenge competition, the two announced Tuesday.

Marketplace lending platforms like Lending Club still need banks to make the loans. Cross River Bank CEO Gilles Gade, who has deals with 14 platforms and has talked with dozens of others, explains the mechanics of these agreements in a Q&A.

The megabank's commitment to its branches stands out in an industry where customers are shifting more of their banking activity to mobile devices and PCs, and where banks take an increasingly ruthless look at branch performance numbers.

The finance and technology industries should take some of the energy they've poured into mobile payments and put it toward making small-dollar loans more affordable.

Unbanked consumers generate over $100 billion in annual revenue for alternative financial providers. New studies suggest that banks are well positioned to capture some of that revenue.

Banks want to make loans to people with scant credit histories, but the challenge is figuring out how to do so safely. One possible solution is to look at alternative data. Eager to book more loan business, more and more banks are considering such factors as rent payments, purchasing patterns, even an applicant's spelling to help predict creditworthiness.

Most millennials do almost all of their other business on a portable device, so they want to have this same functionality when buying a home.