Bank technology

The launch of Visa Checkout has attracted more interest from consumers than the launch of its earlier digital wallet incarnation, V.me, according to one of its first bank partners: PNC Bank.

As banks flee the deposit advance business, startups are offering services that let consumers name their payday and collect what they have earned up to that point, regardless of the day of the week.

TD Bank has added mobile check deposit for its business customers.

The ATM Industry Association has published new international recommendations on ways to make using ATMs feel more like interacting on smartphones and tablets.

Customer relationship management technology and new regulations require lenders and loan officers to re-evaluate how they manage the ownership and use of lead sheets.

Social media won't drive profits until banks figure out how to direct traffic to their blog and provide the kind of emotional content that people like to share, writes John Siracusa.

Amazon.com Inc. has launched a Square-like mobile card reader called Amazon Local Register, charging early adopters just 1.75% per swipe until the end of 2015.

SunTrust Banks has appointed Paul Garcia, a former chairman and chief executive of Global Payments, to its board.

Diebold, best known as an ATM manufacturer, is rebranding and diversifying itself and promoting its consulting services on a popular banking topic: how to redefine branches as sales and service hubs.

The Financial Crimes Enforcement Network has proposed forcing banks to identify those standing behind legal entity accounts, but also made a slew of accommodations meant to make the rule more palatable.

Bank Leumi is holding a two-day hackathon competition that is expected to welcome more than 100 technology developers, programmers, entrepreneurs and designers.

Financial institutions are on the lookout for spamming and spear phishing following news that a gang of Russian hackers stole 1.2 billion sets of usernames and passwords. But they're taking the reports with a grain of salt.

Misys, the British financial industry software provider, has acquired Custom Credit Systems in Richardson, Texas, which specializes in commercial lending technology, for an undisclosed price.

The Heartbleed bug alerted banks to their own vulnerabilities and made them realize that they have heightened responsibilities toward customers when it comes to communicating security concerns, according to Joram Borenstein of NICE Actimize.

The mobile-centric consumer lender is turning to MoneyGram's vast retail network in an effort to reach borrowers who prefer to use cash. The partnership applies to borrowers in 15 states, but LendUp hopes to partner with a bank to take its service nationwide.

Some retailers like Disney are achieving high adoption of their wearable apps. Banks are a bit behind, but a few are piloting Google Glass and smartwatch banking apps.

U.S. Bank, Westpac New Zealand and Australia's Bendigo and Adelaide Bank share their experiences with Google Glass, smart watch and augmented reality banking apps. One lesson: voice commands disappoint in trials.

Fair Isaac's new credit scoring model includes enhancements to evaluate borrowers with limited credit histories and quantify the risk associated with different types of debt.

Gemalto NV, a developer of software and chips that make transactions more secure, agreed to buy data-protection company SafeNet Inc. for $890 million in cash to bolster its offerings against threats such as hacking.

The Canadian bank's viral YouTube clip comes as the industry struggles to use social media effectively.