Bank technology

JPMorgan Chase on Tuesday convened its top executives to discuss its growth strategies. Expansion will be hard as it cuts 17,000 jobs over two years, wrestles with new regulations and rethinks branching.

Fisoc has added a community bank and four credit unions to its Buzz Points program. Buzz Points is a merchant-funded loyalty program that helps banks and credit unions connect to consumers and merchants through social media and offer rewards.

In the future, wearable computing — such as Google's recently hyped Glass — could be a boon for programmers looking to create financial services software for banks.

KPMG's latest Data Loss Barometer offers clues to shifts in how cyber-theft occurs, with good and bad news for bankers.

The bank kicked off its college student coding competition this weekend. Jamie Dimon attended in a track suit.

Financial technology firm Verdande is partnering with software company ITRS Group to improve its product for identifying and preventing system failures.

BTN editors Penny Crosman and Mary Wisniewski have selected the ten most progressive mobile banking apps, taking into account application features, design and ease of use.

Visa is teaming up with phonemaker Samsung Electronics to provide a financial program to enable mobile handsets to be used like a credit or debt card.

Prepaid card issuer Green Dot (GDOT) has extended its payment processing contract with Total System Services (TSS), the prepaid company disclosed in a Securities and Exchange Commission filing Friday.

The payments network will now allow merchants to offer discounts to customers who use specific cards, as new CEO Charles Scharf rethinks how Visa does business.

Coinbase makes it simple to buy and sell bitcoins via a bank account, but plays only to the low-fee, frictionless nature of Bitcoin and fails to leverage its unique privacy aspects.

Barclaycard US has tapped a longtime bank technology executive to serve as chief operating officer.

The largest credit-card issuer in Israel has deployed software from Personetics to enhance the digital customer experience while reducing the amount of calls coming to the call center.

As USAA readies a new voice assistant for its iPhone app, exec Neff Hudson shares the backstory and thinking behind the creation of that digital persona.

USAA, known as a leader of innovation within the financial space, will launch its Virtual Mobile Assistant feature to select iPhone customers on March 5th. The company gave BTN a sneak preview.

PayPal Inc. plans to launch a chip-and-PIN version of its mobile card reader, called PayPal Here, in the UK this summer.

To help financial institutions prepare for Foreign Account Tax Compliance Act provisions that will begin to go into effect in 2014, Oracle (ORCL) Thursday introduced Oracle Financial Services Foreign Account Tax Compliance Act Management software.

The acquisition by TSYS of prepaid card company NetSpend means the payment processor will manage a delicate balance between being a vendor to banks and being a consumer-facing company.

The New York credit card company said Thursday that it has added Anne Lauvergeon, a partner at Efficiency Capital, and Samuel Palmisano, the retired former chief executive of IBM (IBM), as directors.

Fulcrum Biometrics has reached an agreement to sell low-cost iris-recognition scanners that can be used in banking and mobile security systems.