Bank technology

Wincor Nixdorf is joining the ranks of ATM manufacturers providing software for pre-staging transactions.

Relying solely on a fortress mentality that trusts in firewalls, antivirus and other countermeasure technologies has been shown, time and again, to be insufficient.

When it comes to borrower vetting, there's some information that only originators are checking.

Cloud-based storage services store customers' bank account documents and passwords, for a fee.

Nonbank competitors are forcing financial institutions to utilize new skills sets. Conservative thinkers must now be imaginative, followers must become visionaries and the risk adverse must embrace uncertainty. Here's how to develop a forward-looking strategy in the changing landscape.

New online lender NetCredit originates personal loans with high interest rates.

The system now provides financial advisers with access to tax tools, account details and trading information.

Bricks-and-mortar locations aren’t yet obsolete. Leading banks are responding to changing consumer demands by developing specialized branch formats, increasing their focus on advice and emphasizing proactive engagement with customers.

Leader Bank, U.S. Bank, ING Direct and others are using new tools to encourage consumers to save instead of splurge.

The Common Global Implementation Initiative, based in Brussels, said Wednesday it has published best-practice guidelines for ISO20222, a format designed to give companies and banks a common worldwide language for their communications.

River City Bank in Sacramento, Calif., has named a payments-technology veteran to its board of directors.

Fast-growing State Bank and Trust in Macon, Ga., has purchased substantially all of the assets of Altera Payroll, a payroll services company, to diversify its revenue stream.

Gresham Computing has released a new version of its Clareti Transaction Control platform.

Quotas and formulas do not pave the path to success on social media, according to Citigroup's Frank Eliason.

The company has added the ability for chip and PIN commercial cardholders to retrieve their personal identification numbers through a secure website.

Banks that wait to be told what to do won’t thrive because the possibility of surprising and delighting customers with innovation is exactly zero when you wait for them to tell you what to build.

The bank has added cash-flow modeling, Swift-like messaging and a new payments hub to its online banking options for corporate clients.

The new version of Misys' software can help banks deal with new requirements for legal entity identifiers.

Mortgage borrowers say they overpaid up to $300 a year due to ill-timed Libor rate reporting. Annie Belle Adams, a homeowner in Mobile, Ala. and four other homeowners in the state have filed a lawsuit against Bank of America (BAC), Citigroup (TK), JPMorgan Chase (JPM), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC Holdings (HBC), Lloyds (LYG), Royal Bank of Canada (RY), Royal Bank of Scotland (RBS), UBS (UBS) and Rabobank that charges the companies with conspiring to manipulate the price of the London Interbank Offered Rate in violation of antitrust laws. None of the banks have commented on the case.

Unity Trust Bank and Social Misfits Media have published a guide on how charities and social enterprises can use social media more effectively.