Bank technology

Juniper Networks on Wednesday announced it has hired Shaygan Kheradpir to be its chief executive officer, effective January 1, 2014.

If checks, a payment method that's hundreds of years old, can be updated for the Internet age, why can't America's four-decade-old electronic payments system? It's not for lack of trying.

To avoid incurring a customer's wrath or a lawsuit, banks should make sure new fees carry a clear value exchange, offer something new (ahem, mobile) and are easily avoided. Resist any temptation to set fee traps.

Santander Consumer USA announced Wednesday a partnership with predictive talent analytics firm PeopleAnswers to guide its hiring decisions.

LendingClub Corp., the largest U.S. peer-to-peer lender, received a $57 million investment from Yuri Milner's DST Global and Coatue Management LLC as the company nears an initial public offering.

Community banks are stepping up their mobile payments offerings — and a growing number say they're doing it more to please customers rather than for the direct profits.

Fiserv plans to integrate "device reputation" analytics from online security firm iovation into its authentication and anti-fraud services.

European bankers, regulators and government officials Tuesday will take part in a cyber-war games run-through, according to reports. The test, which is being hosted in London, is being called "Waking Shark II."

One of our Top Tech Tech Companies to Watch in 2012, Narrative Science is winning bank clients for SAR reporting and building a private cloud model.

DSK Bank is using a gaming app from Misys to teach customers about the bank's products and their own finances.

JPMorgan Chase & Co., the biggest U.S. bank by assets, is weighing whether to ban traders from using electronic chat rooms to communicate with peers at other firms as the forums draw scrutiny from global regulators, according to a person with knowledge of the matter.

Bankers and tech vendors assert that mobile apps must be independent of online banking at BAI’s Retail Delivery conference.

Diebold announced Monday that it has sold its cash-recycling ATMs to UniCredit Banca, a subsidiary of the Italian financial services company UniCredit Group.

In their latest efforts to steal online banking credentials, hackers are pretending to offer consumers help with healthcare sign-up; they're also spoofing top executives' email accounts.

Banks nationwide have collectively reduced their total number of branches by 390 during the third quarter, according to data announced Monday by SNL Financial.

Capital Bank Financial (CBF) in Coral Gables, Fla., has hired a former Huntington (HBAN) executive for its top technology job.

The Houston-based division of Spanish banking company Banco Bilbao Vizcaya Argentaria said Thursday it has begun offering mobile deposit to eligible small businesses and new consumer banking customers.

New technologies, strict employee training, cost control and a little psychology are some of the things small-business lenders have tried to counter falling demand and bargain shopping.

Capital One (COF) is allowing customers to access its mobile banking app with "pattern passwords" — unique patterns traced on the screen of the phone with a finger.

Banks nationwide agree: Costly branches must evolve to accommodate modern times, but question marks remain on the how. Higher functioning ATMs, tablet-equipped employees, and video tellers are some of the ways financial institutions are testing out new branch models.