Bank technology

Two shopping experiences and a well-timed commercial from Isis indicate tapping a payment-capable phone against a reader may, in fact, be so much easier than swiping a plastic card … so long as merchants have complete buy-in.

Thanksgiving and the ensuing shopping sprees are a few weeks away, but a group of merchants who accept the digital currency Bitcoin are planning their own Black Friday before then.

New Forrester research finds old-fashioned channels, like the phone call, matter almost as much as online and mobile banking services.

Numerix, an analytics software company, plans to use Microsoft's cloud platform, Windows Azure, for more of its offerings.

While banks have reason to be prepared for and concerned about further cyber attacks, there's reason to believe that the perpetrators can and will be caught.

Because its customers have already gravitated toward remote check capture and online wire transfers, business is carrying on fairly normally at The Westchester Bank as Hurricane Sandy approaches.

A provider of software for the financial industry has introduced a platform to help banks satisfy evolving capital requirements.

PricewaterhouseCoopers's survey on board strategy suggests bank boards aren't knowledgeable about technology, but are willing to learn.

With limited resources to invest in new technologies, banks need to place small bets on a portfolio of promising options, team up with innovation partners and exceed customer expectations.

Retiring Visa chief executive Joseph Saunders revealed a secret ambition to become a journalist. We hope he's prepared for the pay cut.

It is one thing to see an irrelevant ad on a billboard in Las Vegas, but it's quite another to get an irrelevant message from an institution who knows more about me than many of my relatives.

Microsoft's new operating system and tablet officially launches today. ING Direct in Canada already has a tablet and desktop banking app for Windows 8; Bank of America and USAA are developing them.

Citigroup Inc. (C) was fined $2 million after a junior analyst improperly disclosed confidential information before Facebook Inc.'s initial public offering, Massachusetts' top financial watchdog said.

A company that automates the production and delivery of documents has rolled out a new version of its software.

One of two groups that claimed responsibility for a cyberattack on one bank last week may be eyeing at least one other financial institution.

Five tips and observations from execs at Commonwealth Bank of Australia, CEB Financial Group and First Tennessee Bank made during the SAP Financial Services Forum held in New York this week.

Jamie Henry is looking at technologies that would streamline the point of sale and clear the retail counter.

Several executives from retailers that make up the nascent Merchant Customer Exchange say they feel that the digital wallet joint venture is giving them a "seat at the table" where they once felt left out.

The Financial Stability Board has decided to adopt a 'structured approach' to the numbers that get issued to identity participants in financial transactions around the world.

Banks can enjoy the respite they're getting from distributed denial of service attacks this week, but need to brace themselves for the likelihood of the threat continuing.