Bank technology

Banks can't afford to let alternative mobile payment providers walk off with their customers.

The Federal Trade Commission has released an online video to aid victims of identity theft.

The payments industry has spent years convincing itself of a digital wallet future that seems inevitable, but the end game is undeniably far off.

Banks are offering the ability to manage card accounts by mobile device, providing a glide path to the digital wallet.

Which executives are shaping the evolving U.S. payments industry? PaymentsSource and Bank Technology News editors chose the women who are taking the lead as the payments world girds for a mobile future.

Computer Service Professionals, Inc. has integrated its online banking software with Allied Payment Network's bill payment software.

3VR has upped the capabilities of a system the company says speeds analysis of security video.

HSBC (HBC) is switching to information technology configuration software from Adaptiva called OneSite across the organization worldwide.

Part of the idea is to generate buzz. But market research is also driving the pay-what-you-want strategy, chief executive officer Steve Streit says in an interview.

Misys has upgraded its commercial lending software, Loan IQ.

The decision to charge for depositing a check via smartphone or tablet is likely to attract attention from other banks that now give away the service.

Disruptions like Bitcoin can cause massive value destruction and massive value creation.

Look beyond the hype about the price of this digital currency. Because Bitcoin's not just a currency, it's also a payment system, and as such a budding challenger to PayPal, Western Union, Visa, MasterCard, and perhaps banks themselves. Whether the currency is a pot of gold or fool's gold is beside the point, argues Executive Editor Marc Hochstein. The real potential of this technology is as a set of pipes for transmitting value.

A Missouri court has found that a bank provided the right security to prevent wire transfer fraud, and the customer who declined to use it must eat the loss.

Thursday's cyberattack on Wells Fargo — the second the company has acknowledged in nine days — rendered its online and mobile banking inoperable for roughly six hours and continued a wave of denial of service attacks that also has hit JPMorgan Chase, BB&T, American Express and TD Bank in the past three weeks alone.

Wells Fargo (WFC) on Thursday endured the second cyberattack the company has acknowledged in as many weeks.

Akcelerant announced Thursday that users of its financial account management platform can now check the status of loans that have been turned over to Grant & Weber for collection.

The United Nations Federal Credit Union has switched to SS&C Technologies Holdings' (SSNC) investment accounting reporting system.

Recent enforcement actions indicate banks must get better at evaluating the risks associated with their third-party service providers.

Efforts to bolster the nation's cybersecurity will hinge on the willingness of financial firms, utility operators and other owners of critical infrastructure to share information about threats.