Bank technology

Granted, journalists can be scavengers; they're nosey and can be positively annoying when they want information. But why does a whole group of crypto-anarchists and technologists think they have the moral high ground?

FICO plans to release a new broad-based scoring model this summer that helps lenders analyze a consumer's credit risk with greater accuracy. This product launch will represent FICO's first changes to its scoring model in six years, said Anthony Sprauve, senior consumer credit specialist at FICO.

New innovations in data security, including chip technology, tokenization and end-to-end encryption, are adding even more technologically advanced fraud prevention tools to our nation's payments infrastructure.

Bank of America (BAC) has introduced a new checking account targeted at customers who typically maintain low balances.

The rise of mobile and online banking seems likely to make personal checks a thing of the past. But high earners and older customers still have a regular need to take pen to paper.

Rep. Jared Polis, D-Colo., has launched a hilarious stunt to urge federal regulators to ban U.S. dollars, following a more serious plea by Sen. Joe Manchin, D-W.Va., to prohibit Bitcoin.

The online lender is about to surpass the $1 billion mark in loans and it just received another round of venture funding that will help keep the momentum going.

Popular consumer apps like Yahoo Weather are setting a high bar for mobile app design. The following six companies are role models of sorts for the ideal user experience.

Target Corp., still reeling from a security breach that exposed the personal information of tens of millions of customers, is seeking a new top technology executive to help prevent future attacks.

Comerica Bank (CMA) in Dallas has rolled out a new online learning tool that is designed to help entrepreneurs better manage or grow their businesses.

More bankers want to use YouTube and other social media to get customers, but they often struggle with they should say or do in their campaigns. Here are three tips, including have fun and avoid repeating traditional ads.

The core processor bought Banno for its ability to innovate and it is counting on founder Banno founder Wade Arnold and his team to continue to develop products that could help Jack Henry become a leader in retail digital banking.

Flexcoin, a Bitcoin bank, was forced to shutdown after hackers stole 896 units of the digital currency, the Guardian newspaper reported.

As shopping moves online and chip-and-PIN technology is being created to make card-present fraud schemes less successful, card-not-present fraud has not seen a slowdown.

Now that financial regulators have finalized rules on social media interaction, firms like ING are, slowly and cautiously, beginning to let advisors experiment with social networks.

Banking software provider Jack Henry & Associates (JKHY) has acquired the banking technology startup Banno.

A group of major banks have agreed to collaborate on a centralized know-your-customer registry with the financial messaging service Swift.

No technology yet is as effective at initiating and/or strengthening real relationships as smiles, personal conversations and consultations are.

Jay Sidhu's Pennsylvania company is building a separately branded bank that, like Simple, will target a demographic that feels no particular affinity toward traditional banks.

Chicago cab passengers who pay their fare with debit and credit cards may be victims of a security breach.