Bank technology

Mint, a personal financial management tool from Intuit, will let users view digital Bitcoin transactions processed by Coinbase along with their spending and saving in traditional bank accounts.

Target Corp., the second-largest U.S. discount retailer, said the theft of credit- and debit-card data last month that affected tens of millions of customers may have occurred through the use of a vendor's credentials.

Banks should devote more attention to big data, cloud computing and other high-tech tools that will help expand revenue and less time on cost cutting and other short-term gains.

Technology, like mobile banking and credit scoring, has eroded any strategic advantages small banks once held in serving small businesses, industry experts say.

New wealth management recruiting app lets financial advisors scope out jobs available at other banks.

There's a reason Bitcoin startups have such a hard time getting or keeping bank accounts. Providing banking services to firms that exchange the digital currency requires a higher level of due diligence than banking traditional money services businesses, says Henry Balani, a managing director at Accuity. The anonymous (or pseudonymous) nature of Bitcoin addresses presents higher risk, he says.

Bank of North Carolina is arming its employees with tablet software that helps them open accounts and aids their cross-selling pitches.

It's still unclear what New York's planned "BitLicense" actually is, but the New York Department of Financial Services says its license is meant to encourage Bitcoin businesses to operate and innovate in the state.

When taken together, the posts in our What Customers Want series thus far point to opportunities for banks to innovate around the good old George Bailey banking model.

Total System Services CEO Phil Tomlinson took time out from discussing record revenue during the payments processor's Jan. 28th earnings call to proclaim his company safe from the slate of recent data breaches that have afflicted Target and other retailers.

Davis + Henderson Corp., a provider of technology services to financial institutions, is rebranding several businesses it has acquired around the globe.

Charlie Shrem, the digital currency entrepreneur indicted on money laundering charges, has resigned as vice chairman of the Bitcoin Foundation.

Benjamin Lawsky, New York's financial regulator, today said that the state will propose regulations for oversight of virtual currencies such as Bitcoin this year.

The Minneapolis bank has found a novel way to persuade depositors to try online bill pay -- a service known to discourage customers from moving accounts but that banks nationwide are struggling to get more accountholders to use.

Banks and others have been rolling out new technologies and updated features in recent weeks that are designed to improve customer satisfaction. Following are five ways banks are aiming to use software upgrades to delight customers in major and minor ways.

Many community bankers are said to have gained confidence from the fact that they have made it this far under adverse conditions.

Authorities arrested the former CEO of a defunct Bitcoin exchange company on charges of conspiring to launder more than $1 million for users of the online drug market Silk Road.

Payment processor First Data has agreed to pay JPMorgan Chase (JPM) millions of dollars in order to settle a hiring dispute, The Wall Street Journal reported Monday.

Data breaches may be impossible to prevent, but there are ways to block card fraud from following. Andy Mattes, chief executive of ATM manufacturer Diebold, shares his views on how to secure ATMs and POS terminals.

Federal legislation is needed to enhance cyber-threat information sharing so that good-faith responsive actions and information sharing will not trigger legal liability.