Bank technology

A New Jersey credit union has agreed to accept accounts transferred from a trading exchange that handles Bitcoin and other virtual currencies. The move, apparently aimed at attracting business from investors and financial institutions that trade in the alternative forms of tender, could provide them with a much needed level of legitimacy. Staff reporters discuss.

Many banks are trying to lure newly affluent age groups with high-tech services, but they might have better luck adopting a mom-and-pop approach, according to research from corporate anthropologist Andrea Simon.

Why a community bank has committed $500,000 to fledgling tech companies and plans to do more.

Community banks brace for limited selection, but embrace one-stop shopping, as consolidation takes place among IT firms.

History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.

Amid pressure from regulators, Western Sky Financial plans to close for business early next month.

Fiserv released a banking app for iPad and iPad mini, named Mobiliti: Tablet. The app lets consumers access accounts, pay bills and other people, make mobile deposits, and find ATMs and branches, among other tasks.

Umpqua Bank unveiled a flagship store in San Francisco Monday that shows how the Roseburg, Ore., bank aims to use technology to draw people into its physical footprint.

The personal financial management platform has been grooming select early-stage companies for 16 months. Now, it’s providing more services to entrepreneurs through its incubator program.

NCR is expanding its retail technology footprint into four Chinese shopping malls.

Jack Henry & Associates announced Monday that its Board of Directors has approved a 20 cent per share cash regular, quarterly dividend.

Cardtronics has named consultant David Dove to head a new Enterprise Growth Group.

Banks are scouting for fintech startups to invest in via their venture arms.

The product aims to give chief financial officers and risk managers an enterprise-wide view of two areas of growing concern — credit and liquidity risk.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

A top official in the Consumer Financial Protection Bureau's enforcement office has left the agency to join an online lender in California.

Banks and credit unions are squaring off on the social media front over a Depression-era law that exempts credit unions from federal income taxes.

Two former bank executives are starting a group that will test new ideas for the financial services industry, which has struggled to cope with its digital transformation.

New strains of mobile malware targeted at Android devices grew 35% in the second quarter.

Private equity firm Thoma Bravo announced Thursday that it's completed its $395 million acquisition of internet and mobile cloud testing and monitoring company Keynote Systems.