Bank technology

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.

With the hiring of the former PerkStreet team, the Boston bank joins the likes of BBVA Compass in teaming with nonbank disruptors to help it better compete in the digital age.

Credit Sesame and Credit Karma were among the first companies to offer credit scores at no charge. Now they're looking to do the same with products that credit card issuers have traditionally sold.

Banks should not expect customers to cough up their data if there isn’t something in it for them.

Wells Fargo & Company is opening two techier smaller branches in the D.C. area.

Target Corp. took two big steps to put the holiday data-breach nightmare behind it today.

Wells Fargo's credit card business is slowly growing, especially among students and lower-income borrowers. But now it's about to make a play for the biggest spenders by unveiling a travel-rewards credit card.

Microsoft has acknowledged a security flaw in its widely used Internet Explorer browser that could put online banking users at risk.

Eastern Bank in Boston has established a new unit to develop technologies for itself and other banks and has tapped the former leaders of the tech startup PerkStreet to run it.

FICO has acquired the Hadoop-based analytics technology developed by Karmasphere in Cupertino, Calif.

With help from their vendors, small banks are enhancing their online and mobile banking offerings by adding features that allow business clients to more quickly approve wire transfers, send out invoices and manage other day-to-day tasks that previously may have required a visit to the branch.

Facebook is giving banks anonymized data about customers' online behavior. U.S. Bank is mining its own customers' data more deeply to provide offers. Both say they let customers set the rules.

Work/life balance, and the payments world itself, have something in common — they are undergoing radical change, according to women executives in the industry who shared tales about leading both efforts.

Lenddo, one of Bank Technology News' top ten fintech companies to watch, announced a new credit card whose application process includes crunching social media data to help determine the creditworthiness of individuals in Colombia with thinner credit files.