Bank technology

Payoff.com and Encore partner to match collection, advice and research into improving consumer debt payments.

Ripple, the latest project of serial disruptor Chris Larsen, aims to be a flexible technology for handling digital payments in any imaginable currency, from bucks to bitcoins to bicycle parts.

Fifth Third said it expects to recognize a pretax gain of roughly $140 million in the fourth quarter from the sale of 12.4 million shares of common stock in Vantiv.

Billtrust has added a new product to its suite of btConnect accounts receivable automation services.

Chris Larsen, who made waves in consumer finance in the 1990s and 2000s with E-Loan and Prosper, is seeking to shake up the industry again with Ripple, a peer-to-peer payment and credit system.

Tech chief Ken Nagel tells Bank Technology News about the bank's new mobile banking apps and "smart" ATMs.

Sotheby's is auctioning off a prototype of the magnetic credit card. It's not as impressive as you might think.

A state court yesterday approved a request from the South Carolina Revenue Department to notify credit unions and banks of the 3.3 million bank account numbers compromised when someone hacked department tax files.

The Wilmington, N.C., provider of cloud-based software has received a clean opinion with no exceptions noted during a recent SOC 2 compliance certification.

Browser detects the incoming customer's computing device and automatically routes mobile users to a mobile optimized site.

Financial institutions should, among other things, implement an information governance program, perform periodic privacy audits and learn how data is managed in the cloud.

Agriculture and other remote businesses face unique cybercrime threats. Rabobank and ThreatMetrix discuss approaches to protection.

Software that manages internal controls is geared toward financial services.

In an industry where everyone seems to have an opinion, these financial services veterans have learned to leverage Facebook, Twitter, LinkedIn and other social media to their advantage.

Optimal Payments has entered into a processing agreement with Vantiv allowing Optimal to offer its global merchants an online payments service in the U.S. market.

How do investors want to interact with their financial advisers? According to research sponsored by Cisco, those under 55 want to use video.

Bank is offering mobile deposit companies that have more than $10 million in revenue and employees in the field who need to accept checks.

In the latest intersection of social media and financial services, "The End of Money" author David Wolman is selling digital copies of his book on Twitter for four days.

Cyrus Amir-Mokri, the assistant secretary for financial institutions, said the industry's technological advances should be accompanied by an awareness of the risk of systems breakdowns.

Banks can get consumers to adopt online banking services by keeping websites simple, communicating a positive message and providing an interactive experience that meets immediate needs.