Bank technology

The Spanish bank's VC arm added two companies focused on artificial intelligence to its portfolio this week. Both firms promise to help banks connect better with customers.

Banco Santander, Spain's biggest lender, bought minority stakes in three financial-technology firms as Chairman Ana Botin makes machine learning a hallmark of her growth plan.

As the CFPB prods banks to improve their debt collection processes, tech firms are applying artificial intelligence, chatbots and self-service portals to create a more enlightened approach.

The companies will use an application programming interface to let Chase customers send the data to the apps Finicity supports, including personal financial services apps and income verification tools.

Using technology from the blockchain startup Ripple, the U.K.'s central bank completed a successful proof of concept—and reaffirmed its goal of integrating with distributed ledgers.

The challenge of juggling security and convenience is escalating as banks realize digital channels are for sales as much as they are to display account balances.

Guests include Carl Ryden of PrecisionLender, Felipe Echandi Lacayo of PanaFintech, Sam Shawki of Magic Cube.

Community banks are less likely to close branch locations than their larger counterparts. But those branches should mix technology with the homespun local flavor customers have come to expect.

Klarna, the Swedish fintech that recently received a banking license, has already inspired a generation of similar fintech competitors.

The nearly 200-year-old firm wants to help clients access, organize, transmit and use data more effectively.

Delaware corporations will soon be able to issue shares on a blockchain. Beyond the capital markets, the move has implications for the way banks stake their claims to collateral.

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for banks to improve their communication about the benefits of location data.

Interviews with entrepreneurs and techies at the Copenhagen conference.

With a new core system, Surety Bank plans to connect with customers outside of its geographic market.

Enabling peers to compare notes will help ID management specialists at regional, midtier banks who face the same requirements as large banks but command smaller operating budgets, IDPro’s founder says.

The iPhone is 10 years old. Here’s a look at some of the ways the Apple product and the boom in smartphones overall have shaped banking in the U.S. over the past decade.

Lindsey Argalas will push innovation throughout the Spanish bank and encouraging collaboration across businesses and markets.

Consumers are giving branchless banks far higher satisfaction ratings than traditional banks because of higher rates, fewer fees and better functionality, a J.D. Power study finds.

Out of the ashes of the fake-accounts fiasco, heads of business lines became more open to change, an executive at the bank’s innovation group said Wednesday.

Imagine if we could take all the data that's coming from the real economy and use that to discern price, predict performance, understand risk and make better investment decisions. The only feasible way to do this is through artificial intelligence.