Bank technology

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.

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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