Bank technology

People's United in Connecticut pored over all the customer data it could find to persuade customers to give the midsize bank — instead of advisory firms and investment houses — a shot at managing their money.

It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures.

To teach its automated advice platform how to help advisers communicate with clients, the company has sought to develop a bank of knowledge about psychology and other expertise beyond traditional wealth management.

John Best, author of "Breaking Digital Gridlock," explains the obstacles banks hit when they try to innovate and how to overcome them.

The virtual card company is giving customers direct access to their data through an application programming interface to see what they do with it.

The challenge in automating cross-selling to customers online is figuring out how to integrate with the core banking platform.

City National is using digital tools to smooth the transition for clients and advisers. Here’s how the bank's doing it.

High-powered portfolio simulations, security and client communication are among the most promising possibilities, say tech leaders at Morgan Stanley, D-Wave and Clovyr.

The bank is rotating teams dedicated to product and service development across its organization to help implement new ideas quicker.

Artificial intelligence is not always the right answer to data problems, executives of the two firms said at the In|Vest conference.

The consortium's Corda Enterprise is designed to let blockchain applications exist behind a company’s firewall but still interact with outside partners.

A cash management offering by Mastercard and Strands is the latest example of new answers to commercial clients' demands for better digital services.

These teens and early 20-somethings are hardworking, frugal, prudent, debt averse and fiercely opposed to fees — much like their great-grandparents who grew up during the Depression.

Echoing the set of restrictive rules known as GDPR enacted earlier this year by the European Union, the state legislation — which does not take effect until 2020 — will almost certainly be the subject of intense lobbying from business giants that vacuum up all the data.

These teens and early 20-somethings are hardworking, frugal, prudent, debt averse and fiercely opposed to fees — much like their great-grandparents who grew up during the Depression.

The fundraising is a sign of the rise in the anti-money-laundering market, which is expected to reach $4.26 trillion worldwide in less than a decade.

Founders of the startup digital bank Cogni say they have the formula for reaching Uber drivers and the like, but observers warn it's a group that won't be easily won over.

"Banks should be investing in innovation in this area or risk getting left behind," a fintech CEO warns.

Theft and money laundering are both thriving in the crypto world, according to a report released Tuesday by CipherTrace.

A new standard would make financial apps work together the way iPhone apps do. Twelve large banks, including JPMorgan Chase, Morgan Stanley and RBC, are already using it.