Bank technology

A New Zealand bank wants anybody interested to take a tour of its headquarters - from a distance.

U.S. Bancorp, the fifth largest commercial bank in America, announced Monday it will make available a mobile photo balance transfer feature in November.

Small banks often find themselves squeezed out of the derivatives market by larger players. To former BB&T executive Dolf Roell, that's a sign of opportunity.

Looking at clues like how well applicants spell, Finance and Thrift has deployed a custom loan origination model for its "economically active poor" clients. The indirect auto lender and community banking unit of F&T Financial Services says its system has cut credit losses and sped up decision-making.

It's not distributed denial of service or malware threats that banks are most concerned about when it comes to security, but spam, according to a survey released this week.

On the heels of landing a $37 million series C investment, U.K.-based Funding Circle has announced it will set up shop in San Francisco.

Startups and small businesses could sell ownership stakes in their companies by soliciting investors over the Internet under a proposal advanced by the Securities and Exchange Commission.

This week at the ATM, Debit and Prepaid Forum in Las Vegas, bankers cast aside differences and started to talk about the evolving payments landscape.

Virtual Piggy has joined the list of fintech companies and banks to host hackathons to spot talent — in this case, one geared at individuals 19 and younger and taking place in December.

The European Parliament demanded a halt to bank-data transfers to U.S. counter-terrorism investigators because of possible violations of privacy, the latest international outcry over alleged American spying.

Paychex and Biz2Credit have teamed up to offer an online loan resource center that gives small-business owners access to capital from more than 1,200 lenders.

Getting corporate cash management services to work smoothly on all devices is a time-hogging project. Wells Fargo will be piloting its new responsive design site through the end of the year.

Tech firms SAP and SAS have announced their collaboration on a data analysis platform.

Banks and payments companies are trying to develop new technology for customers' evolving needs, including person-to-person payments. But many of these new innovations must measure themselves against Square and its success. Daniel Wolfe, Editor-in-Chief of PaymentsSource, reports from SourceMedia's ATM, Debit and Prepaid Forum.

Apple announced iPad Air and iPad mini on Tuesday, its latest tablets that will go on sale in November. The news comes on the heels of Microsoft releasing its latest tablets, Surface 2 and Surface Pro 2, in stores Tuesday morning.

As Fexco and First Data demonstrated an ATM this week that lets consumers use a mobile phone instead of a card for access, they emphasized that the bank is at the heart of the offering — everything about the technology could be changed to the bank's whim.

Can credit bureaus be trusted with consumers' data? An investigation conducted by security blogger Brian Krebs calls the practices of these stewards of consumer credit histories into question.

The new qualified-mortgage rule is pressuring vendors of loan origination systems to work with lenders to re-code their systems. There's a lot of work to be done before the Jan. 10 deadline.

OnBudget seeks to build customer retention for prepaid cards by incorporating personal financial management tools that digitize a budgeting system popular among consumers.

The cost to originate a home loan is skyrocketing as lenders try to comply with stricter rules to catch problem loans. Technology would better automate the loan process, but can small lenders justify the investment?