Bank technology

Biometric identity verification firm DigitalPersona has acquired Identity Stream, a software provider that offers banks a one-touch authentication system for transactions.

Hundreds of financial institutions will practice fending off cyber-attacks in simulations this month sponsored by SWACHA and the Financial Services — Information Sharing and Analysis Center.

Cyberthreats continue to multiple like Tribbles and corporate account takeovers keep bank security executives up at night. But on the bright side, banks are getting better at sharing threat information with merchants.

As the world accelerates toward faster and contactless payments, the U.S. has been reinforcing checks, avoiding global payments standards and pursuing closed-loop innovations that further isolate it.

A 25-year-old graphic designer (Chase Giunta) was stripped of his Twitter handle, @Chase, by JPMorgan Chase after re-tweeting vitriol aimed at the bank, according to the New York Post. The switch happened earlier this month.

Digital Reasoning, a BTN Top 10 Tech Company to Watch in 2012, has ten large banks using its software to uncover employees' nefarious activities.

Banks still using Microsoft's Windows XP operating system had better beware, the Federal Financial Institutions Examination Council announced this week.

California has reformed its controversial Money Transmission Act. On Friday, the state's governor, Jerry Brown, signed a bill amending the 2010 law.

Guardian Analytics announced Tuesday that it's been maintaining a secure online forum for financial services companies looking to safeguard themselves against data breaches and distributed denial of service attacks.

JPMorgan Chase (JPM) has appointed corporate technology veteran Dana Deasy as chief information officer.

Over the past year, banks have been bombarded with cyberattacks of all kinds: distributed denial of service, phishing, malware, and wire transfer fraud, to name a few. Who’s attacking the banks and why? What defensive tactics are banks getting better at, and what work has yet to be done? This special report looks at how the cyberthreat landscape has changed.

DDoS attacks, ACH fraud, and account information theft are problems, but is it hyperbolic to talk about war — cyber war?

It's no secret that most people would prefer not to have their personal information displayed openly online for all the world to see (with the exception of prolific Facebook users). A recent Pew Research Center survey shows most consumers know that they leave large digital footprints and they go to considerable trouble to avoid being observed on the web. For the project, 1,002 consumers were interviewed by phone.

Cybercrimes targeting small business online-banking customers don't make the news too often, but the damage they inflict is devastating for banks and clients.

Banks have been under siege for about a year. An in-depth look at the main types of attacks, the "bad actors" and their motivations, and what banks are doing about it.

Four vendors own the U.S. core banking market. But others, mostly international vendors, are starting to creep in.

The financial services data company Markit has launched a messaging network, and eight large banks are among its first clients.

City National Bank customers in select cities will soon be able to withdraw cash from ATMs while leaving their debit cards at home, thanks to a pilot program by City National (CYN) and bank technology provider FIS.

As consumers increasingly transact over mobile phones and social networks, banks, payment networks and policy experts are rethinking the nature of consumers' digital identities.

Adobe Systems Inc., the biggest maker of graphic-design software, said hackers broke into its networks and stole personal data on 2.9 million customers and source code for popular products including Acrobat and ColdFusion.