Bank technology

Industry observers note how quickly Thoma Bravo LLC made a profit on a company it just acquired in August, and call the purchase a coup for NCR that could help it satisfy a technical need among banks: better consistency among channels.

Flying drones aren't just for Amazon package delivery. The financial industry could use the aerodynamic robots in myriad ways.

Royal Bank of Scotland Group Plc, Britain's biggest taxpayer-owned lender, apologized for a technical fault that left customers unable to access accounts and offered to compensate those who have lost money.

NCR has been working to become a "hardware-enabled, software-driven business" for eight years. With its purchase of online and mobile banking vendor Digital Insight and transaction switching and fraud detection software company Alaric Systems, it's taken a big step forward.

NCR Corp. (NCR) has agreed to purchase Menlo, Calif.-based Digital Insight Corporation for $1.65 billion. The deal follows Intuit's sale of the mobile and online banking unit to private equity firm Thoma Bravo LLC in July.

Several Canadian banks have taken on the challenge of managing and protecting their customers' user names and passwords across banking and government sites. U.S. banks are invited to join a similar pilot starting in the U.S.

The technology firm Wipro (WIT) has agreed to buy Opus Capital Markets Consultants, which provides mortgage due diligence and risk management.

Akamai Technologies (AKAM) has agreed to by Prolexic, a maker of cloud-based security software.

Alibaba Group Holding Ltd. started offering a cloud computing service known as Ju Baopen for banks and securities firms, as China's largest e-commerce company ventures into financial-related services.

Banks shouldn’t feel forced to place all their bets on one platform or another. In the shorter term, successful future models of banking will be hybrids.

BillGuard, a fraud-flagging startup, is adding analytics and savings add-ons to its iPhone app, according to TechCrunch.

National Bank & Trust (NB&T) has launched a mobile app designed to teach young children about setting up savings goals, keeping track of their accounts and other money concepts.

Check, a personal financial management (PFM) company that lets users link accounts and pay their bills, found a unique use for its data gathering tools: evaluate how the government shutdown impacted consumers' spending patterns.

PNC's new video ads, which air on websites like Hulu, are targeted to viewers based on lifestyle and, it is hoped, will gain the Pittsburgh bank more customers.

When Isis launched its mobile wallet nationwide in November, it also launched new technology for customers who want to use their phones instead of cards or cash to pay at the checkout counter. Reporters from American Banker and PaymentsSource tested the new technology and share their findings.

Utah-based Ally Bank has expanded its use of Fiserv's Popmoney person-to-person payments service. It now lets consumers send and receive funds from within the bank's mobile banking app.

Colonial Savings, a mortgage-servicing firm, installed new mortgage software and consequently tripled loan volume, cut costs and improved compliance without reducing headcount.

French market regulator Autorité? des Marché?;s Financiers (AMF) has adopted a new market surveillance tool by business analytics software provider SAS.

ING Direct clients in Canada can now access online government services using their existing ING login names and passwords thanks to the company's partnership with authentication service provider SecureKey.

A botched ATM heist blew up — literally — on several Australian thieves when they soaked an automated teller machine in gasoline and tried to light it on fire, according to fintech blog Finextra.