Bank technology

Frost Bank announced Wednesday a new iOS app that lets its customers login to their accounts with a four-digit code rather than a user name and password.

Hackers are launching increasingly sophisticated attacks on financial institutions. For bankers, there are still effective counter-measures to put in place and ways to keep the bad guys at bay.

How Town & Country Bank deployed mobile remote deposit capture to expand services to its rural business and retail customers.

Software company Caisse Financial signed a new customer for core banking, business intelligence and front-end channels.

President Obama gathered chief executives from energy, finance and technology companies to emphasize the threat posed by criminal and state-sponsored hackers, which the administration regards as one of the nation's main security challenges.

Nymbol Technology announced Wednesday a suite of processing software.

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.