Bank technology

Banks lost $1.7 billion to deposit-account fraud, according to an American Bankers Association survey.

A California startup is seeking community banks to pilot its transaction analytics service. The startup's grander vision: to also track customers' physical activities and reward them with better interest rates and small business deals as they move more.

Commonwealth Bank of Australia has upgraded its CommBank mobile banking app for Android and Windows 8 devices such that its customers can use it for mobile banking and mobile purchases.

The alliance, which is creating an open standard for authentication, is expanding its blue-chip membership.

The issues Google solves with KitKat were among its biggest hurdles, but it's still too soon to declare a winner in the mobile wallet race.

The bold-faced names of government, technology and finance have jumped into peer-to-peer lending, one of the fastest-growing - and buzziest - new segments of financial services, led by players like Lending Club and Prosper. Here are some of the celebrities who have decided to embrace peer-to-peer lending.

Birthdays. Pet names. No matter how often banks preach the importance of online security, some consumers still insist on using passwords that are as easy to hack as they are to remember. With mobile apps, fraud risk is often accompanied by frustration among users who are forever fat-fingering data on tiny alpha-numeric keyboards. Following are five ways that banks are aiming to make the mobile log-in experience safer and more user-friendly.

The Federal Financial Institutions Examination Council on Wednesday issued final guidance aimed at helping, banks, credit unions and other financial institutions manage risks related to social media.

A number of Wells Fargo (WFC) customers experienced problems with their online bill payments late last month as a result of technical issues.

Barclays PLC's African unit is equipping tellers with iPads and offering customers mobile apps as the bank tries to win back market share by stepping up lending in the face of slowing growth in South Africa.

The San Francisco bank has made recent upgrades to its mobile app that expand the account balances customers can see without logging into the app and add targeted marketing capabilities.

The number of households using mobile bill payments doubled in the last year, according to a survey released Wednesday by the financial technology company Fiserv.

The peer-to-peer lender, which has both threatened banks' traditional businesses and cultivated Wall Street ties, is now selling its loans to community banks and working with them to offer personal loans as a counter to big banks' dominance in credit cards.

Ten years from now, today's brick-and-mortar banks, and digital banking services, will look like quaint vestiges of a bygone era.

The San Mateo, Calif., company plans to launch a new online lending platform, a sign of increasing competition among consumer-debt-consolidation lenders.

Rockville Bank in Rockville, Conn., has hired veteran online banking executive Donna Patel to the newly created position of senior vice president of virtual banking.

Ally Bank in Midvale, Utah, plans to use simplified disclosure forms for all its banking products.

How to reconfigure retail-delivery networks to suit the next generation of customers was top of mind for bank CEOs Tuesday, even as news headlines dwell on new regulations and sluggish growth.

David Reilly, B of A's number-two tech executive, offers a window into the bank's current thinking on open computing, driving innovation and modernizing data centers.

Treasury Secretary Jack Lew, head of the Financial Stability Oversight Council, renewed calls on Monday for Congress to pass a bill that would help address ongoing cybersecurity threats to financial institutions.