Bank technology

Silicon Valley Bank, based in Santa Clara, Calif., has selected 18 students from colleges around the country to participate in its inaugural SVB Trek, a program connecting students to West Coast tech leaders, including entrepreneurs and venture capitalists.

The online banking malware Dridex leans on an old technique, phishing, and an even older ruse, malicious macros, to steal online banking credentials from unsuspecting employees and customers.

A number of banks have cut ties with business lines that are seen as high-risk in an effort to dodge the threat of enforcement actions. The result is stunted job creation and innovation, not to mention customers who are denied much-needed services.

The bank's fourth innovation office will focus on disruptive technologies such as cloud computing, Big Data and the internet of things.

Some bankers have pronounced the data warehouse obsolete, but Dr. Jim Goodnight says it's more relevant than ever, as cheaper hardware and overlapping informational needs across the organization make sharing a large dataset companywide feasible and worthwhile.

Banks needs to deeply understand the needs of their customers before they start rolling out ambitious high-tech plans.

A number of credit union and bank executives have been ignoring the National Institute of Standards and Technology's Framework for Improving Critical Infrastructure Cyber Security, waiting for the federal government to issue more definitive guidance.

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Layout, compensation and training can make or break high-tech, high-concept branches, said bankers at BAI's Retail Delivery conference.

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

Chief information officers discuss their institutions' biggest challenges, the emerging technologies that excite them the most, investment plans for 2015 and more at the FinTech Forward pavilion at the BAI Retail Delivery show.

Risk management and compliance vendors were the fastest-growing companies in the FinTech Forward top 100, reflecting the industry's new priorities.

This year, bankers seemed to remember in a big way that first-class technology is critical to their competitiveness — and relevance.

To see an interactive version of Top 100 Companies in FinTech, click here.

To see an interactive version of this table, click here.

FinTech Forward, a collaboration of American Banker and BAI, brings together the research, media, and event capabilities of banking’s top two professional information and education organizations.

The leaders of the most successful tech companies serving the financial services industry share hints about their business and product strategies for the coming year and observations about customers' tech preferences.

To identify the fintech startups deserving of special recognition this year, a team of American Banker editors, BAI staff and consultant Jeanne Capachin debated the merits of self-nominees and companies we know. These are the ten that matter for 2015.

Terrible password-keeping habits will force banks to beef up security on their end, a study suggests.

A Brooklyn, N.Y., startup wants to eliminate fees long hated by ATM customers and replace the lost income with revenue from ads that play on teller-machine screens. Yet questions have been raised about whether that is easier said than done.