Bank technology

An international ring of cyber thieves are being charged in a roughly $15 million attempt to game the digital networks of more than a dozen banks, federal agencies and financial services companies, including Citibank, PayPal, JPMorgan Chase, USAA and even the Department of Defense.

For banks that have small, stressed compliance departments, Computer Services, Inc. is offering an advice service.

Regulators can use the power of Big Data mining and pattern-matching algorithms to seek out triggers of contagion across an interconnected financial system.

In addition to addressing the risks that caused the last crisis, the Financial Stability Oversight Council should be comparing notes about cyber threats with the national security agencies.

Regulators are focusing attention on ensuring community banks have proper security systems in place in the wake of a string of cyberattacks on megabanks.

The New York based company said Wednesday it had secured the funding from a group of investors led by Venrock and Institutional Venture Partners.

During congressional testimony, an FBI official said since 2002 the number of computer intrusion cases the agency has investigated has risen by 84 percent.

Sometimes it takes a technology death to inspire a better process.

JPMorgan Chase's partnership with social-media site Twitter will include content meant to help small businesses grow.

Hackers' use of a social network evolution of the Zeus malware has made a comeback in the first half the year.

Australia's Commonwealth Bank has launched an online retail banking support forum.

Live Oak Bancshares is quickly expanding both sides of its business — announcing a partnership with Fidelity that will give its namesake SBA lender access to fresh investment advisor borrowers, and a $9 million round for its cloud-computing tech offshoot, nCino.

Many of bankers' concerns and fears about the FFIEC's proposed social media rules are unfounded, says Elizabeth Khalil, senior policy analyst at the FDIC.

Rototype International has unveiled a system that can dispense cashier's checks on demand.

The cloud-technology company nCino has secured investments from some of the biggest names in banking in its first funding round.

A dubious story about double-charging in Marks & Spencer, the retail home of the British middle classes, is worth examining to make sure similar misconceptions don’t spread in the U.S.

An RSA cybercrime expert walks us through a typical online/mobile banking attack with a new twist: an SMS forwarder that steals authentication codes.

Wells Fargo unveiled a rebuilt website Monday that includes more robust financial educational articles and a new design aimed at easing navigation of the site on various form factors, an approach that other retail banks have taken in recent months.

Huntington Bancshares (HBAN) has hired Jeff Sturm, a financial technology veteran most recently with Fiserv, to find ways to improve customer service and contain costs.

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