Bank technology

Citigroup Inc. was fined $30 million by Massachusetts after an analyst at the bank's global markets unit gave institutional clients confidential information on an Apple Inc. supplier ahead of other investors.

Talk about living your subject matter. Heather Schlegel wants to make a documentary about the where the payment system is headed, and she's using a crow-funding website to raise funds for it.

WSFS Financial in Wilmington, Del., holds the picture contest to engage customers and employees while highlighting improvements to its mobile banking.

For the first time in the history of a survey conducted by the American Bankers Association, mobile banking outranked telephones and snail mail in popularity.

Signaling yet another example of how banks are using cloud services, National Australia Bank (NAB) has converted its website to Amazon Web Services' public cloud.

Verizon's forthcoming Cloud Compute and Cloud Storage will offer guaranteed performance levels and variable pricing.

Social Money announced Thursday an API that lets PFM and prepaid partners introduce savings accounts and goal tools to their digital customers. Already, Social Money partners with The Bancorp to resell its technology to other businesses.

Visa Inc., MasterCard Inc. and American Express Co., the biggest U.S. payment networks, proposed using "digital tokens" instead of account numbers for processing purchases made online and with mobile devices.

JPMorgan Chase (JPM) has hired the head of a nonprofit that promotes business in developing countries to lead its charitable programs.

The operator of the "Silk Road Hidden Website" was charged with running a "sprawling black-market bazaar" where anonymous users paid Bitcoin digital currency for illegal drugs and phony identification documents.

U.S. regulators and law enforcement officials expect risk-based anti-laundering and sanctions programs — no small feat for digital-currency firms, which generally do not know their customers' counterparties.

The latest reading of American Banker's Mobile Banking Intensity Index shows mobile banking usage continues fast growth trajectory.

The credit bureau Equifax has joined with a mobile security firm to improve the two companies' fraud protection systems.

National Bank Trust in Russia announced Tuesday the hiring of Valery Novikov as its chief managing director. Novikov will oversee and manage the bank's business processing platforms.

Cardtronics USA, a unit of Cardtronics (CATM), has purchased the ATM assets of CGI, adding 1,000 merchant-owned ATMs to Cardtronics' U.S. fleet.

De-cluttering has become the name of the game with bank web sites recently. The un-answered question is whether these moves will merely make them more attractive or provide a competitive edge in opening new accounts and retaining existing customers. American Banker tech reporters discuss the trend.

The Utah bank learns about the behaviors and preferences of the Spanish and Asian populations in its footprint by mining a plethora of data sources.

JPMorgan Chase (JPM) is launching a new program called Mission Main Street Grants to support small businesses, with help from Google.

British technology company Monitise announced an updated platform Tuesday that should allow American bank customers to deploy mobile features quicker.

In a bid to better its fraud detection services, Experian is planning to acquire device identification and web fraud detection company 41st Parameter.