Bank technology

American Express is seeking to broaden its customer base by offering its first no-fee credit product that grants holders access to all of the lender's rewards programs.

IMGCAP(1)]

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

Cash flow forecasting and the ability to set up financial goals are two features setting KeyBank's relaunched mobile app apart from the competition.

Comedy Central's fake-news host jokes that embattled exchanges like Mt. Gox should "institutionalize" their mishaps like the big banks do.

BBVA Compass (BBVA) in Birmingham has added payroll services to the online banking platform it offers small business owners.

Building simplified digital experiences, especially in financial services, is critical to institutional survival.

The online business lender OnDeck has partnered with ProfitStars to help provide credit to small businesses that may not qualify for loans from banks or credit unions.

American Banker's Mobile Banking Intensity Index showed consumers' use of mobile banking apps picked up in December.

The company lowered its forecast for credit card losses Thursday, but also acknowledged weaknesses in some of its smaller business lines such as mortgages and U.S. debit cards.

PayPal's history suggests that the problem of Bitcoin fraud will only get worse as the electronic currency gains momentum.

Calling Bitcoin a "payment innovation," Fed Chair Janet Yellen said it is not easy to supervise the digital currency because "there's no central issuer or network operation."

BBVA's agreement to buy the online banking startup Simple will help improve its mobile banking and other technology, but the deal also highlights the stakes for other traditional banks as the industry tries to innovate. American Banker editors discuss which banks are the most forward-thinking and how other traditional financial companies can learn from startups and other disrupters.

Instead of dwelling on tired arguments, industry reps and consumer advocates should focus on, among other things, ending the debt cycle, promoting financial literacy and helping borrowers build credit.

The need that drives millions of people to seek out small loans isn’t going away. Lenders can fill the gap by restructuring payment models, focusing on a borrower’s ability to repay and developing a variety of solutions.

The virtual currency and payment system "has allowed users to participate in illicit activity, while also being highly unstable and disruptive to our economy," Sen. Joe Manchin wrote to regulators in a public letter released Wednesday.

Following a series of high-profile data breaches, legislators in the nation's largest state are kicking off a debate that has nationwide implications.

Digital Authentication Technologies, a location identity software provider, is integrating its Contextual Location Fingerprint technology with a broader set of security products encompassed by the McAfee Security Innovation Alliance partner program.

With media outlets reporting the grisly details, there has never been a better time to educate commercial account holders about the risks associated with online banking, particularly phishing attacks.

In BMO Harris Bank's recent upgrade of its online banking site will offer improved personal financial management tools to mass affluent customers.