Bank technology

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.

Privacy in electronic payments is critical does not entail anonymity, argues Dave Birch of Consult Hyperion. Encryption technologies can protect privacy while allowing authorities to trace stolen digital money in break-the-glass situations, he maintains.

Processing payments is a costly activity for banks, one that nonbank businesses, such as telecommunications operators and retailers may be able to handle more nimbly and efficiently, says Dave Birch of Consult Hyperion. Rather than threats, banks should view these more lightly regulated outsiders as potential partners.

The recent public fascination with the digital currency Bitcoin taps into a latent frustration with the current inadequate banking and payments system, says Dave Birch of Consult Hyperion. While Bitcoin itself may not be the wave of the future, it shows how the next generation of payments technologies will work and bears watching by bankers.

Roughly two months after BBVA Compass launched its branchless bank account for basketball fans, the bank has about 10,000 NBA Banking customers, says BBVA's chief marketing officer John Wessman.

Mobile device fraud is climbing with consumer adoption of the technology, according to a joint study released by payments technology company Jumio and Harris Interactive.

RDM Corporation, a provider of remote deposit capture technology, has reached an agreement with U.S. Dataworks such that the latter will now resell its solution.

NCR has added a customer for its video banking service. The global technology company said Monday that Coastal Community Credit Union on Vancouver Island, British Columbia has installed NCR's APTRA Interactive Teller at a recently-opened branch in Duncan, a city on the southern part of the island.

A global survey Cisco released Monday offers clues to the types of technology consumers want to use to interact with their banks.

As DDoS attacks continue to cause online banking disruptions, experts share best practices on what to say to customers through social media channels. The second of a three-part series on the cyberattacks on banks.

The former Citigroup and Bank of America executive told attendees at a forum that the banking industry must diversify and embrace women as more than a niche market.