Bank technology

Following the resignation of CEO Lazaro Campos, SWIFT quickly sought to provide assurance that its broad plan to expand into new markets, tap new technology and create collaborative venues for members to better understand standards would not be interrupted.

New cloud security software designed to let companies offer employees single sign-on for all the web applications they use, and supports "bring your own device."

Last week, we witnessed the largest initial public offering of a technology company in U.S. history — a company that offers its main service for free, lives entirely on the internet, and is run by a 28-year-old. The euro fell into deeper jeopardy, not merely because of news from the debt markets and at the ballot box, but because Greek and Spanish borrowers reacted to that news in real time, withdrawing much of their euro-denominated savings from domestic banks. And a $2 billion bank loss, based on computer-driven and model-based decision making, almost instantaneously impacted policy discussions and market movements, even before facts became clear.

The mortgage software provider is branching out into other types of consumer loans for the first time.

Hans Morris, who left Visa in 2009 and joined private-equity firm General Atlantic, shared his payments investing philosophy with bankers and former colleagues on Monday night.

Zynga's social games — especially its hit Facebook game FarmVille — are a big deal in digital payments. Its games are the key to the success of Facebook Credits, and they may provide a similar boost to American Express' Serve.

WattzOn has developed a platform that analyzes users' utility bills to identify savings opportunities. It's pitching it to banks as a way to cross-sell loan products.

Senior bank executives and TowerGroup analysts, as well as our own Sean Sposito, are headed to Boston to hash out ideas for how banks can modernize legacy systems, create useful tablet apps, deal with new regulations and generally, stay alive.

Phishing and spear-phishing attacks have gotten more subtle and sophisticated. An expert provides examples of the latest episodes and advice for banks on how to protect themselves.

CFE has embarked on a two-year core product that will enable developers to mix and match programs written in different languages.

Firm is adding context mapping from the Reinvestment Fund to its CRA and fair lending compliance software to help financial institutions see their loan and deposit distributions across geographic regions and demographic groups.

Yahoo said it is selling up to half its stake in Alibaba Group back to the company.

Community Bank in Iowa to provide online fraud training from TRC Interactive to employees.

The SWIFT board has nominated marketing head as Gottfried Leibbrandt to be the new CEO.

The card firm is using network and transaction data, along with social media intelligence, to produce scores that produce a spending graph and drive recommendations for merchants and loyalty offers.

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When the alternative payments provider Dwolla changed its terms of service earlier this month, it made it harder for users of the digital currency Bitcoin to use Dwolla as a funding source — and easier for banks to step in and benefit from the Bitcoin economy.

The makers of Farmville and Words with Friends are leading the way on customer intelligence, Forrester analyst Joseph Stanhope says.

SunTrust Banks in Atlanta is tapping into Generation X and Baby Boomer angst with a well-named retirement planning tool it's launching today: Retirement Income Navigator.

Bank of Ann Arbor has invited local residents to write billboards poking fun of larger out of town banks' alleged lack of local knowledge in a new ad campaign.