Bank technology

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.

Retiring Visa CEO Joseph Saunders and his successor, JPMorgan's Charlie Scharf, spoke with American Banker about the challenges facing the card network, the changing payments industry, mounting regulations and the importance of an orderly leadership transition.

Zillow, the online real estate company, said Thursday it has added information on 1.8 million pre-foreclosure and foreclosed homes to its site.

The technology that lets a user deposit checks by taking photos of them with his smartphone is being applied to mortgage documents, though with some limits.

When Northeast Bancorp decided it wanted to develop a national customer base, it launched a division within its 10-branch banking unit that would be online only and go by another name: ableBanking.

The group staging denial of service attacks on U.S. banks has called a cease fire in recent days, but the malicious activity is expected to resume. Fortunately, banks have effective counter-measures at their disposal.

Mitek Systems (MITK) is planning on selling the mobile imaging software it already licenses to Progressive — which allows the auto insurer's customers to take pictures of their driver's license and documents — to other parties.

Banks looking to reinforce their defenses against data theft may want to start with their automated teller machines.

A state law that eased restrictions on credit card rates in Ohio influenced the move, the Columbus company said.

Longtime JPMorgan Chase banker Charlie Scharf looks like the safe choice to replace retiring Visa CEO Joseph Saunders. But for the "top dog" payments network, safe is usually wise.

Between the cost of doling out the smart cards, consumer education and the need for new terminal technology, banks aren't likely to jump into issuing EMV cards just yet.

PointsPay's new mobile app lets users turn loyalty points and miles into immediate cash that can be used at almost any merchant, a market that's also being chased by Amex and Edo Interactive.

Barnes & Noble bookstores has informed federal law enforcement authorities that "a sophisticated criminal effort" has potentially exposed customers' credit and debit card information to hackers.

Rather than feel threatened by prepaid card efforts by Walmart, AmEx and JPMorgan Chase, NetSpend CEO Dan Henry believe the effect on consumer education those products will have can benefit his company.