Bank technology

Pitney Bowes and Broadridge Financial Solutions have created a joint venture for paperless banking called Inlet and plan to invest $15 million to $20 million in it, the companies say.

Moody's Analytics has agreed to acquire WebEquity Solutions, a provider of cloud-based loan origination and loan risk analysis solutions for financial institutions.

American Banker asked readers, BankThink contributors and staff members to recommend books for bankers to take on their summer vacations. Share your own suggestions in the comments section below.

PayPal President David Marcus is leaving the eBay unit to lead Facebook's messaging products.

Swift in Brussels has announced the five finalists of its third annual Innotribe Startup Challenge, which aims to uncover the most promising innovative financial technology companies.

Apple's announcement that it will make its Touch ID technology available to app developers is good news for bankers who see biometrics as the key to authenticating mobile banking users. But some security experts question whether fingerprint scans are actually more secure than passwords.

LOS ANGELES — Moneyworks, a startup that's preparing to roll out its personal financial management app, took home the $10,000 prize in a financial innovation contest Friday.

Speakers at this week's Digital Banking Summit shared techniques they've borrowed from tech companies to cultivate innovation.

Ten percent of people who used their cellphones to make a deposit had it returned to the originating institution due to fraud, according to new research.

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

American Express can provide affordable products to the unbanked and still make a profit, company executive Dan Schulman said at the Emerge conference. He was vague on details but hinted that its prepaid cards built on an lower-cost software platform are part of the answer.

Washington Trust Bank is implementing advanced surveillance video technology from Diebold (DBD) across its branch network.

AT&T is planning to test a fraud-detection service that will allow credit card companies to track the locations of customers who opt in.

David Watson has overseen the development of more than 160 apps for corporate customers, which helped make him one of BTN’s Digital Banker of the Year honorees.

The rising importance of self-service banking by mobile device and PC has elevated the careers of executives overseeing digital channels.

Xapo says its Bitcoin debit card will start rolling out by the end of June, and it will be accepted anywhere by using the rails of a card network, interchange fees included.

Some cyber-risk insurance policies could prove insufficient in the event of large-scale attack.

Jim Smith, head of the digital channels group at Wells Fargo, recently set up an internal lab to study uses of data science to drive customer experience, prevent fraud and develop customer insights.

Most banks say they listen to the customer, but Jim Simpson at City Bank Texas directly studies comments made in call centers and branches for clues to the next mobile banking app features.

E-commerce and payments companies are edging into the small-business lending territory long dominated by banks. If banks want to stay relevant, they need a simpler, speedier lending process.