Bank technology

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Patelco Credit Union, which suffered website outages in February after two hacker attacks, said it has hired Kevin Landel as its new chief information officer.

On the heels of a successful technology deployment at a large South African bank, Entersekt has opened up shop in America, looking for large U.S. financial institutions to count as customers for its digital transaction security technology.

IBM said it has completed an upgrade of software and systems at Keystone Bank in Lagos, Nigeria, that has enabled the bank to speed service and operate more efficiently.

Human judgment should never be left out of risk models, cautions the CEO of analytics software company SAS Institute.

BankersLab has released an app designed to help bankers learn best practices and the basics of collections management.

Vendors of social media compliance software are expecting a nice boost from the FFIEC's complex new rule proposal.

Bank of America Merrill Lynch (BAC) has released two new software applications that address new cross-border payments regulations in the Dodd-Frank reforms.

Coastal Credit Union in Raleigh, N.C., has announced plans to convert to a core platform from Symitar, a division of the financial technology firm Jack Henry & Associates.

Credit lines and expanded overdraft programs are being considered as alternatives for banks that want to curb their customers' use of payday loans.

Jack Henry said Tuesday that Washington Trust Bank in Spokane has selected its core processing platform, SilverLake System, to automate varied functions company-wide.

Wells Fargo (WFC) weathered a cyberattack on Tuesday that left some of the company's customers unable to log in to their accounts.

LivePerson announced Tuesday it finished integrating its mobile chat product with San Diego County Credit Union's mobile browser.

The company has adopted Q2ebanking's electronic banking platform, the Austin-based financial technology firm said Tuesday.

The security services unit of Stanley Black & Decker (SWK) said Monday it has formed a partnership with EyeLock, a developer of identity management software that authenticates people by scanning their irises.

American Express is making its Bluebird prepaid card an even closer competitor to banks by adding FDIC insurance and increasing account limits to the prepaid card.

Bell State Bank & Trust in Fargo, N.D., has chosen Mobiliti, Fiserv's mobile banking service.

Misys is launching a new suite of software aimed at helping banks better target and manage online and mobile customers.

Startup CommonBond crowdsources funds from alumni members and interested investors to establish a loan pool for student lending.

Cardtronics (CATM), the largest independent operator of ATMs, faces a large fine for failing to make its machines accessible to the blind as required by a class-action settlement.