Bank technology

While the banking industry was recovering from a global financial crisis and reacting to the prospects of new regulations, smart entrepreneurs were finding new and better solutions to people's problems.

The restaurant chain Zaxby’s said that a data breach may have compromised its patrons’ card information.

The prepaid card company's recently released mobile bank account, which its customers are now beta testing, comes with a voluntary monthly fee that harks back to Radiohead's 'In Rainbows' release where fans chose how much they wanted to pay for the album.

With card networks pressuring merchants and acquirers to get on board with chip and PIN in as little as a few months, proponents contend speedier methods are needed.

Savings reminders come to SmartyPig and ImpulseSave customers as they shop online.

Swift's Innotribe initiative has announced the start of its yearlong competition for financial services-related innovation.

Indiana community bank STAR Financial is adding new personal financial management tools to its digital banking offerings, and heavily marketing them.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

DDoS mitigation services provider Prolexic provides numbers around the cyberattacks banks experienced in the fourth quarter of 2012.

Like SmartyPig this week, ImpulseSave has a savings tool that consumers can use without leaving their online shopping site.

Cardtronics announced the creation of a chief information security officer position that will be held by its current chief information officer, Jerry Garcia.

San Diego-based BankersLab has a new mobile app for Android devices that tests retail lenders' professional knowledge.

Cash flow predictions and deeper spending insights will be the key to adoption for personal financial management applications, say bankers and industry observers.

PayPal experienced its fastest active account growth rate in years during the fourth quarter, according to parent company eBay Inc.

Visa has approved Waterloo, Ontario-based RiM's secure element manager software for Near Field Communication mobile payments, thus enabling telecommunications carriers to secure payment data from Visa issuers on BlackBerry phones and other NFC devices.

Think Finance CEO Ken Rees says social networking data can provide clues that help with underwriting.

Examiners are starting to ask community banks for explain how their technology and staffing are prepared to handle disaster recovery.

Al Rajhi Bank is using portal software designed to provide a customizable view of banking data.

DDoS attacks have resumed intermittently for BB&T in North Carolina.

The new app gives users iPhone, Android access to bank accounts. CEO Steve Streit hopes it will also shake up the consumer banking market and rejuvenate his company's flagging image as an innovator.