Bank technology

Empowering the unbanked to save and invest in themselves and others, through technology as simple as text- or Tweet-to-pay, will create opportunities to get people out of poverty.

Though JPMorgan Chase and BB&T are the only big banks to confirm a denial of service attack on Tuesday, roughly a half dozen institutions endured digital assaults at around the same time, according to the security firm Radware.

An Indiana bank has strengthened its mobile banking app to include a feature allowing users to temporarily suspend their lost or stolen debit cards.

Director of National Intelligence James Clapper says that cyber threats present a growing threat to financial networks and other critical infrastructure.

JPMorgan Chase (JPM)’s online banking faltered on Tuesday afternoon, preventing customers from logging on to their accounts.

Lending Processing Services (LPS) is adding former Treasury Secretary John Snow to its board, the mortgage processor said Tuesday.

Equifax and TransUnion, two of the three biggest U.S. credit-reporting companies, said they uncovered cases where perpetrators gained illegal, unauthorized access to users' information.

The future of retail banking has rarely been murkier. Here are five questions about branches, layoffs, technology and revenues that bankers need to be asking.

Grupo Financiero Banorte seeks to better understand its 20 million customers, and is investing in IBM's master data management software to do so.

The White House is calling on the Chinese government to halt its alleged program of cyber intrusions on U.S. businesses and to discuss diplomatically what constitutes tolerable conduct for both countries in a digital age.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

Payment systems provider ACI Worldwide (ACIW) has completed its acquisition of Online Resources Corporation (ORCC) in an all-cash transaction for $3.85 per share. But the deal should not impact ORCC’s ongoing projects with its financial institution clients, ACI said.

Arvest, an Arkansas bank, is arming mortgage servicing associates with better information and getting ready for new CFPB rules.

As banks seek to bolster defenses against fraud involving wire transfers and other transactions, some experts argue that they should be looking to people rather than technology for answers.

The companies said Monday they will work together to develop new models to help lenders assess the risk of lending to consumers with little to no credit history.

Harland Financial Solutions has added three customers for its core processing platform.

Fiserv has added another customer for its online billing platform.

Michael Duffy, president of Chase Paymentech, passed away Thursday night. He was 54.

As a newcomer to the small business market, Heartland Financial wondered how it could quickly become competitive. An app that analyzes historical credit data for quick, accurate lending decisions helped.

Armin Ajami shares the results to date for the bank's new iPad app and a few future plans.