Bank technology

American Banker debuts a monthly gauge of U.S. mobile banking activity among banks and their customers.

The Treasury Department has proposed a rule designed to seal off the U.S. financial system from Liberty Reserve, the digital currency issuer authorities charged Tuesday with laundering more than $6 billion for criminal groups.

The threat of cyberattack is an increasingly hot topic in Washington, but political interest alone appears unlikely to provide enough momentum to get cybersecurity legislation supported by banks passed this year.

Liberty Reserve SA and seven individuals were indicted in what federal prosecutors in New York called an international money-laundering conspiracy that handled more than $6 billion in criminal funds.

A D.C. lawyer helps sift through regulators' specific requirements and what complying with them will mean in real life.

Either prepaid will move to mobile or prepaid will have to be repositioned toward a more value-added proposition.

Fidelity National Financial (FNF) announced Tuesday that it acquired Lender Processing Services (LPS), confirming rumors that the two had been making plans to make a deal worth $2.9 billion.

Fidelity National Financial Inc., the largest U.S. title insurer, agreed to acquire its former unit, Lender Processing Services Inc., to expand in the business of providing and analyzing mortgage data.

For at least the second time this spring, divisions of the Royal Bank of Scotland Group were affected by a mobile banking outage caused by an IT glitch.

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

The introduction of a new $100 bill is still five months away, but it's not too soon for banks and ATM manufacturers to begin preparing for its rollout.

Updates to DeviceAnywhere Enterprise are designed to simplify the mobile testing process.

Fidelity National Financial dominates mortgage underwriting. Its former LPS unit is the top mortgage servicer. The question is whether two companies that have run out of room to grow separately can prosper together.

Technology and compliance firm Compushare has released software meant to improve the security of mobile devices.

Centier Bank in Whiting, Ind., has begun using a card-issuance system from EFT Source, a provider of turnkey card programs.

Online lenders threaten to seize dominant control of the market for small loans to small business.

The average bank is still on the fence about what — if any — personal finance management features they should add to their smartphone apps. All agree, however, that what works on websites needs to be modified for mobile apps.

The death of branches appears to be greatly exaggerated, but they are changing. American Banker editors discuss how two banks that are leading the way, Wells Fargo and Umpqua, are downsizing and rejiggering their bricks and mortar presence.

Mortgage processor Lender Processing Services is reportedly in talks to be acquired by title insurer Fidelity National Financial and private equity firm Thomas H. Lee Partners in a $2.9 billion deal.

MainStreet Bank (MNSB) in Fairfax, Va., is offering Oklahoma banks serving communities affected by this week’s tornadoes access to a service that makes it easier to accept donations.