Bank technology

Given Americans' heightened concerns over cybersecurity, banks should reconsider the notion of promoting card use for every transaction, according to Douglas Ceto of CetoLogic.

Wells Fargo has joined a handful of banks running accelerator programs designed to nurture young fintech companies, foster new ideas and help financial institutions stay relevant in a digital age.

Credit Karma and Fandango have settled charges with the Federal Trade Commission that their mobile applications inadequately protected consumers' payments and other personal data.

Mixed signals from regulators — on everything from electronic checks to Operation Choke Point - only create fear, uncertainty and doubt among those in the business of improving the payment system, writes Glen Fossella.

Square and Twitter founder Jack Dorsey has been in Ferguson, Mo., as part of the protests that followed the police shooting of Michael Brown, an unarmed African American teenager, earlier this month.

Executives at Tangerine and Moven are dousing themselves with ice water to raise awareness for Lou Gehrig's disease, and posting their videos on Facebook.

Deutsche Bank has hired two executives to oversee technology and operations. Richard Shannon has been appointed chief information officer and co-head of group technology and operations for the Americas, while Scott Marcar will be head of IT Infrastructure, the company said in a press release Monday.

"Cold storage" of cryptographic private keys, private theft insurance, and audited full reserves can prevent another Mt. Gox-like debacle, says Jeremy Allaire, the CEO of Bitcoin startup Circle Internet Financial.

Supervalu Inc., a U.S. supermarket chain concentrated in the Midwest, suffered a data breach that exposed customers' payment-card information, marking the latest hacker attack on the retail industry.

Square, which has been scrambling to add fee-based services to pad the revenue it gets from mobile payments, faces a formidable new challenge in Amazon's Local Register.

Fintech startups claim to out-innovate banks. But financial institutions sometimes break new ground. Here are five examples of banks that are testing and launching mobile app features capable of much more than showing an account balance.

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.