Bank technology

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.

A group of state regulators issued a paper calling on federal regulators to do a better job of exempting small banks from their regulations, including urging the CFPB to provide more exemptions for small banks to its "Qualified Mortgage" rule.

State financial regulators have received few applications for licensing Bitcoin businesses even as they've handled many inquiries about them, according to David Cotney, the commissioner of banks in Massachusetts.

Barclays announced Monday a partnership with Techstars to launch a three-month accelerator program in the UK next year.

First Bankcard is one of the first issuers to make FICO scores available to bank partners’ customers for free online. The educational initiative required First Bankcard to build a special webpage.

IBM has agreed to buy a tech subsidiary from the Belgian financial firm Dexia, and has signed contracts with several major European financial institutions to manage their IT.

Fiserv has launched a system to help financial firms mitigate the risk of crime.

The U.S. Supreme Court will rule for the first time in decades on patent protection for computer software, taking up a case that has divided the industry and may reverberate through the American economy.

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With just two weeks left before Congress takes a holiday recess, lawmakers are stepping up efforts to deter frivolous patent lawsuits against banks and a host of other companies.

Although admittedly late to the game, the Buffalo bank is getting enthusiastic response to its mobile banking app.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said the agency plans to release a report next year exploring how mobile phone use could help expand access to banks.

The chairmen of BNY Mellon and Signature Bank tackled cyber threats, the future of interest rates and "too big to fail" in a wide-ranging discussion on the state of the industry.

JPMorgan Chase is warning 465,000 holders of prepaid cash cards that their personal information may have been accessed by hackers who attacked the bank's network earlier this year, Reuters reports.

A new technology announced Thursday morning by ID Quantique encrypts data traveling between data centers. One target market is large banks, such as Bank of America, JPMorgan Chase and Citi, that run multiple data centers in the U.S.

Nacha says the industry wants faster processing and is “working to make it happen in a way that is a win-win for all.” The biggest banks are in no rush.

As NCR Corp. proceeds with the tech acquisitions it announced this week — Digital Insight and Alaric Systems, linking the new software with existing solutions and helping employees and customer newbies feel comfortable with their parent brand are NCR's initial priorities.

American Banker's digital news coverage took top honors at the 2013 Eddie & Ozzie Awards Thursday.

A Bain study of customer loyalty among bank customers confirms what most of us already know — outstanding digital banking offerings and customer happiness go together.

Building on a successful track record of developing in-house applications, such as a mobile banking app called Sprig, Maps Credit Union has furthered its technological reach by working with a college intern to develop the CU's latest offering - an app called "Buy Local."