Bank technology

As NYC's police commissioner, Bill Bratton pioneered a process that married sophisticated data analysis with better communication across an organization.

More than a decade ago, regulators nearly suffocated PayPal. Now it looks like they're trying to squelch another disruptive, innovative payments system.

A panel this week at the CEB TowerGroup conference in Boston debated the convenience-versus-security aspect of fighting fraud.

Rep. Michael McCaul, R-Tex., said Wednesday he plans to introduce a bill that would clarify the Department of Homeland Security's role in receiving information about cyber threats from companies.

In the wake of a successful pilot, Discover announced Wednesday that it is offering bank software vendor Fisoc's debit rewards program, Buzz Points, to its issuing banks.

NCR said its Skimming Protection Solution product can prevent so-called skimming attacks, in which a thief installs a card slot on an ATM with the goal of swiping data embedded on a card's magnetic strip.

They may look ridiculous, but phablets and superphones — mini tablets and extra-large phones — have a bright future, according to research released today by Transparency Market Research.

Consumer advocate Jennifer Openshaw is launching a new company that offers financial advisors a platform in which to build social media communities, with some compliance features built in.

Citi is adding a finance tool to its CitiDirect BE Mobile platform that will let suppliers check up on the status of incoming payments.

Nebulous security challenge questions like, "Who's the best man in your life?" have got to go.

MortgageKeeper Referral Services has introduced an online service to make it easier for homeowners to find assistance after a natural disaster.

BTN editors scoured their notebooks and identified six financial technology startups with strong products that are acquiring funding and, we think, will soon acquire more customers and bank partnerships.

With bitcoin in the media spotlight, everyone seems to have an opinion on the price. Few recognize the profound implications of decentralized money for the monetary system, society and government – not to mention the emerging business opportunities.

The economist Friedrich Hayek famously advocated competitive issuance of money. Dave Birch of Consult Hyperion says this may soon come to pass, with multiple currencies, public and private, serving as means of exchange and stores of value. Are you ready to pay for purchases in kilowatt hours?

ACI Worldwide (ACIW) has released a mobile-banking program for the iPhone and Android smartphones.

CipherCloud announced Tuesday that it's expanding its cloud information protection platform.

Financial services companies are dedicating a growing portion of their software budget to regulatory compliance, a new survey shows.

Companies know that data breaches can be costly but still struggle to prepare for them, a new survey by Experian and the Ponemon Institute finds.

Verizon has released its eighth annual Data Breach Investigations Report, and – no surprise – banks are at the top of the list of companies besieged by cyber threats.

Generations Bank in Seneca Falls, N.Y., plans to begin moving its critical banking applications to Compushare's C3 Cloud Computing platform.