Bank technology

Chief Technology Officer Tim Lenoff discusses how the bank melds technology and customer conversations to head off fraud.

For banks to tap into the full potential of advanced analytics, they should address some difficult challenges, including vast quantities of poorly organized data, inadequately skilled staff and risk management operations still stuck in silos.

Brian Pearce, head of mobile channels for Wells Fargo, says the bank is ushering in a "mobile unique" era.

SunTrust is making five days' worth of imaged checks available on its new app for Apple and Android devices.

Improving the customer experience was a major theme emerging from the demos displayed during day two of FinovateFall, a two-day event showcasing financial services innovations from startups and established fintech companies.

Bruce Livesay, CIO of First Horizon, shares his views on how traditional branches and digital channels will evolve over the next few years.

Mortgage lenders get clarity from Fannie and Freddie; Capital One CEO fears competition from mobile players; former IndyMac CEO fights the SEC.

Dynamics Inc., a provider of payment cards that can dynamically rewrite their magnetic stripes or smart chips, unveiled another variant of its design this week.

Barclaycard US says it will work with Google Inc. to support the Google Wallet mobile payment system.

Fresh off new government guidance on cloud computing, firms such as CipherCloud and Coalfire are knocking on banks' doors with technology designed to increase security and protect data.

Isis, the mobile-payment joint venture backed by AT&T, Verizon T-Mobile, won't debut by the end of September as planned, extending delays for a service once expected to start by the end of June.

The payment software company plans to add Distra's services-oriented solution to its portfolio.

Small LowellBank is turning to Jack Henry for teller automation and online bill pay as well as core automation.

The merchant-funded rewards provider recently began testing a geolocation service that delivers offers from merchants when customers are within walking distance.

Diebold has located two new data centers in Verizon's Terremark facilities in Richardson, Texas, and Manassas, Va.

Mary Wisniewski finds MoneyDesktop, LearnVest, and Dashlane among the worthy early Finovate demoers.

The Near Field Communication chip used in many mobile wallets was conspicuous by its absence during Apple Inc.'s unveiling of the iPhone 5.

The card network is strongly recommending that all ATMs be EMV-compliant by 2016. ATM owners that don't comply will face fraud liability.

Capital One's CEO expresses concern that innovations from the likes of Google and PayPal could put banks in a "back seat." He also says the bank is done with acquisitions for the time being.

Citigroup won dismissal of a suit in which cardholders claimed the bank failed to take adequate steps to prevent a computer security breach that affected more than 360,000 accounts.