Bank technology

The app, called Pinacle, lets executives manage user access to company account data, view balance and transaction details, approve wire transfers and receive alerts.

Compliance software vendor Strevus is adding support for bitcoin and other cryptocurrencies to its products.

The cutting-edge bank — it already offers smart watch apps — is testing the technology on its employees' mobile devices and, if all goes well, it plans to roll it out to its customers by late summer.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

Bank of China New York has agreed to use Deutsche Bank's new payments technology to process international payments to U.S. recipients.

The goal is to meet the financial education needs of everyone in the community — whether it’s the tech-savvy second-grader, the recent high school graduate getting her first checking account or a retiree learning how to stick to a fixed income.

Live Oak Bancshares is planning an initial public offering that could yield as much as $86 million for the Wilmington, N.C., company and its shareholders.

Canada's revenue agency said hackers exploiting the Heartbleed security flaw have gained access to some taxpayer data.

The ATM Industry Association is examining ways the machines can be used to better reach lower-income consumers. Sending money to someone, paying bills, and loading a portion of a check onto a prepaid card are among the types of transactions the group is envisioning can take place through ATMs.

J.P. Morgan has partnered with ProQuest, a cloud-based data management technology provider in Ann Arbor, Mich., to make J.P. Morgan's company and economic research data available to business students, academics and other researchers.

The financial services technology company FIS has expanded its loan software and services business by acquiring CMSI.

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JPMorgan Chase reported a 19% drop in net income for the first quarter, highlighting how much the lackluster economy and mounting regulations have cut into banks' ability to boost profits.

Regulators have reacted as expected, but large banks say they’re not vulnerable to the security flaw. Nonetheless, security questions remain.

More companies are accepting "altcoins" such as Litecoin and Dogecoin in addition to the more common Bitcoin, showing that even silly currencies based on Internet memes can open merchants to new markets of consumers.

Online lender Fundbox announced its official launch Thursday after securing $17.5 million in funding from a group of investors led by venture capital firm Kholsa Ventures.

A bitcoin ATM is coming to South Carolina — the state's first machine will be installed Thursday at the College of Charleston TD Arena.

Banco Santander Brazil is using SAS software in an effort to reduce banking fraud and improve overall data and operational cost management.

Online small business lender Kabbage has received $270 million in financing from institutional investors.

Electronic document and signature technology developer IMM will begin offering e-vault capabilities through an integration with transaction management software provider eOriginal.