Bank technology

The "virtual data room" has been a staple of commercial banks and capital markets firms for much of the past two decades. These locked-down, secured networks allowing third parties to share sensitive client information via electronic documents became the norm for handling syndicate loans, initial public offerings and mergers-and-acquisition discussions.

As banks press ahead in introducing mobile services, glitches abound. But many see phone-based banking as a game-changer as customers embrace the technology, warts and all.

Profits at the prepaid card issuer Green Dot (GDOT) fell sharply in the fourth quarter but still came in higher than analysts had expected.

MasterCard's fourth-quarter earnings featured sluggish growth in the United States and more dramatic improvements elsewhere.

Scivantage is the latest vendor to use responsive design in the development of new apps.

The payments technology company plans to acquire the online banking company for its bill payment technology.

FIS, the number-one financial services technology company on the FinTech 100 ranking, Thursday announced it has signed a definitive agreement to acquire mFoundry, a Larkspur, Calif.-based mobile banking and payments provider.

The edo Marketplace is designed to help small retailers reach consumers with discounts through their credit and debit cards.

The Detroit online lender recently licensed its loan origination platform to JPMorgan Chase last month and struck a co-branding deal with Charles Schwab Bank; now it is looking to grow profits by selling components of its mortgage technology to other banks.

BBVA has announced plans to invest $100 million in early-stage, high-potential, high risk tech startups. It's following a path successfully forged by Citigroup.

ACI Worldwide and Fidelity National Information Services each announced acquisitions of companies that provide payments technology.

Webster Bank is expanding its long-term relationship with technology provider FIS.

The patent positions the company to "own" parts of the technology that help calculate required mortgage fee disclosures.

HSBC, the $2.7 trillion-asset company, said Wednesday it has named James Comey, a former U.S. deputy attorney general, to its board and formed a new board committee to oversee compliance with laws that aim to deter money laundering and other crimes.

BlackBerry 10 was unveiled on Wednesday, along with a slew of enterprise applications from partners like Cisco and SAP. Will this be enough to bring the once-mighty player back into the banking fold?

With the start of a new year has come a flurry of personal financial management (PFM) announcements to whip banking customers into better financial health.

The branchless bank has created a way for its customers to suspend a debit card using Simple's mobile app.

Empire Bank's push to get small businesses to use electronic transactions focuses on clarifying terms that banks and businesses often use differently.

Card fraud is now harder to perpetrate in parts of the world that have adopted the new technology, so criminals appear to be focusing more on the United States.

Cedar Falls, Iowa, start-up Banno, which sells website hosting and software services to financial services companies, has appointed Charles E. Potts as its company president.