Bank technology

Industry boosters say the sky's the limit, as a flood of capital enables the rapid growth of peer-to-peer lending. But some skeptics are urging caution.

Banks and financial companies must "remain vigilant" against data breaches and other threats, and "there's still a lot of work to be done" to get more cybersecurity help from the government, according to Financial Services Roundtable CEO Tim Pawlenty. In this interview, Pawlenty discusses how his trade group is working with banks, retailers, regulators and legislators to improve the industry's response to hacker attacks.

FIS is examining whether a public ledger like bitcoin's could help securely move funds on existing networks. Fiserv is examining bitcoin's use of encryption to ensure transfers are secure.

The nation's fourth-largest bank has opened another mini-branch in hip Washington, D.C., neighborhood teeming with young professionals. Is this the prototype for the urban branch of the future?

Huntington Bank updated its mobile app Tuesday to let on-the-go customers check their balances without needing to enter in their user names and passwords.

Organic loan growth propelled the Internet banking company BofI Holding (BOFI) to record profits in the quarter that ended March 31.

A technology executive at JPMorgan has been named chief information officer at the Online Computer Learning Center, a nonprofit computer library service and research organization.

JPMorgan Chase Chief Executive Officer Jamie Dimon sees challenges from companies such as Facebook and Google as they seek to provide online banking and money-sending services.

CEO John Chen is pitching the company's server software as the most secure environment around for mobile devices. Is it too little, too late?

Union Bank has entered into a strategic alliance with Lending Club, a peer-to peer lending marketplace provider that connects creditworthy borrowers with investors.

Fidor Bank AG is the first bank to integrate the real-time global settlement protocol provided by Ripple Labs.

Target Corp. Chief Executive Officer Gregg Steinhafel, dogged by questions over whether the company responded quickly enough to a data breach last year, will step down as chairman, president and CEO.

Regulators are demanding that banks keep closer tabs on their relationships with third-party vendors, but they have left it to banks to determine which vendors require the most oversight.

Technology companies are debuting data-security products aimed at both banks and consumers in the wake of the Target fiasco.

Bitcoin ATM provider Robocoin is touting its ATMs as bank branches after launching an online banking platform, Robocoin Bank.

The surge in activity shows a heightened awareness for fraud following the Target breach. It also signals growing appetite from consumers for sophisticated mobile tools that allow users to better monitor debit card use.

Nice Systems (NICE) in Ra'anana, Israel has developed voice recognition software that significantly reduces the time a call center employee needs to authenticate customers.

Innovations on display this week have the potential to upend the bank sales process, disrupt consumer lending and change the way individuals invest in peer-to-peer loans.

A raft of mobile payment companies are demonstrating their technology in San Jose this week, even as they acknowledge that the sector has not yet lived up to investors' initial hopes.

In a highly unusual initiative, small community bank Independence Bancshares has been building a real-time transactions processing system. CEO Gordon Baird hopes to attract others to use it, too.