Bank technology

Bank of America Corp.'s head of online banking is defecting to rival JPMorgan Chase & Co.

The startup plans to use social media sites as a sign-up venue, forcing it to address public worries over the privacy of sites like Facebook.

Discover Financial Services on Thursday said it has expanded its partnership with Zynga, Inc., which makes online games including FarmVille.

Future mFoundry mobile banking app will include the ability to make contactless debit and credit card payments through MasterCard PayPass.

The payment technology company plans to roll out a series of new products using merger partner BankServ's technology.

System to use barcodes to draw payments directly from customers' bank accounts.

The German bank is teaming with Capco to develop a model that can be used to predict the impact of a new technology deployment on the entire IT infrastructure, a solution the tech consulting firm hopes to bring to the competitive predictive analytics market

New Orleans savings bank to deploy core processing, teller and IVR software from the vendor.

Software built for heavily regulated industries allows for review, approval and archival of Tweets and Facebook postings.

The most popular iPad app in the Finance category of the Apple App Store in late November was Mint.com Personal Finance, which was released October 26. Mint has 6.5 million registered users, which explains the popularity and the 4,924 ratings the app had in late November. This is a "universal" app that runs on the iPad and the iPhone.

A consumer survey finds many people would use banking and financial apps on a tablet computer, but few are interested in mobile payments.

Mailing mortgage documents to borrowers and getting them back, often partly signed, was costing National Bank of Kansas City fees and productivity.

First Midwest Bank finds automated calls to customers are effective at thwarting funds transfer fraud.

Bank of York didn't really need a new loan document management system, it just needed to use the one it had more efficiently.

CTO Tony Kerrison is moving the bank's IT infrastructure to the cloud, and he'd like you to join him.

The Top 10 Tech Companies to Watch is a list of the ten vendors, startups and established companies alike, that have technology that is innovative, that meets a current need for banks and their customers, and that comes with a likely-to-succeed business model.

Beset by security and regulatory burdens, financial institutions want to make these two heads one by mapping fast-changing risk and compliance mandates to their information technology networks so that updates securing the integrity of systems and workstations can happen more rapidly and more reliably. However, the innovation that accomplishes this is just starting to come out of the lab.

Large banks that have invested heavily in branding for their current Web addresses are not eager to switch to a .bank URL, but small banks may find there's some appeal.

The concept of the data center fabric is finally coming to fruition as vendors make their products closer to compatible.

Talk of banks not innovating quickly enough is misplaced - many banks depend on their core provider to make the first move.