Bank technology

Prosper Marketplace, the online peer-to-peer loan facilitator, announced Oct. 3 that it hired Josh Tonderys, a former executive at Barclaycard US, to be its chief risk officer.

The bank is placing its stake in the crowded global treasury management market by taking on the tricky IT task of building a centralized payments hub for its financial services and corporate clients.

TraceSecurity has launched TraceCSO, a software offering delivered via the cloud that helps banks manage their data security.

NCR announced Wednesday that Cincinnati payments processor Vantiv has certified NCR's Aptra Edge ATM software. That means that Vantiv (formerly Fifth Third Processing) will allow NCR's ATM management software to run over its network on any teller machine.

Wal-Mart is dipping one more toe into financial services by letting customers reload a range of prepaid cards at its registers — for a fee.

Looking beyond passwords and pins, InAuth announced a new voice biometrics-based authentication module for mobile transactions today.

Computer pioneer Bill Fisher dispenses wisdom, cash and sometimes tough love to fintech startups in the Midwest.

The Bank of Tennessee plans to rely on socially driven collaboration to make mortgage processing and other workflows more agile and efficient. Will Barrett, the bank's senior operations officer, discusses the bank's transformation.

Every brand is a publisher. With that in mind, BTN shares nine best social media ideas offered up by business execs at a recent conference.

Raymond James is moving server farms from Florida to Denver in the hopes of avoiding natural disasters.

Amazon is already making installment loans to merchants while it applies for lending licenses state by state.

JPMorgan Chase & Co. bolsters its mobile banking offers by debuting its first mobile app for the Windows Phone platform.

Few companies could survive the large-scale denial of service attacks that major U.S. banks have been hit with in recent days, Prolexic executives say.

Nowadays, financial innovators are focused on digital payment platforms and alternative currencies, but coins were once revolutionary. American Banker takes a look at some of the more noteworthy advancements in the evolution of financial services, using the World Economic Forum's recent report "Rethinking Financial Innovation" as a guide.

Two shareholders say the privately-held core software provider should be sharing more information, such as EBITDA numbers.

What's the next big idea in financial services mobile apps? If the result of a contest conducted by the Treasury Department is an indicator, an app that simplifies student loans will be a big hit.

As fraudsters aim at call centers, variations of the technology that's used to coach customer service representatives can be expanded to safeguard the data that's exchanged during calls.

Bank of America is said to be testing mobile payments using quick response codes with five Charlotte merchants.

Is YouTube about to out-Google Google? The best Tweets this week ran a gamut from the future of search engines to getting a return on investment on social media.

Under the landmark settlement with MasterCard and Visa, retailers could soon start surcharging customers for paying with plastic. Here's why that could be bad news for PayPal.