Mobile banking

Banks are looking to beef up ease and convenience in P-to-P payments to avoid being reduced solely to back-end payments processors for fintech startups.

PNC Financial Services Group in Pittsburgh has tapped Karen Larrimer to lead its retail banking division.

Calls with analysts to discuss the fourth-quarter results were dominated by questions about energy exposure, efficiency and the growing worry about when the next credit cycle may begin. Still, some banks managed to get in a few thoughts about how technology is reshaping their businesses.

Subtly altered versions of popular apps are appearing more often on smartphones. These rogue apps, often available for free, can steal mobile banking passwords or redirect text messages containing passcodes.

Millennials may have initially been the primary target for digital banking services, but we must bust the myth that they're the only ones craving innovation.

Union Bank & Trust Co. in Nebraska was an early supporter of Apple Pay. With that platform sputtering, the bank is now looking at additional ways to stay ahead of the mobile-wallet curve.

International money transfers have not enjoyed the improvements in transparency and cost that are benefiting other products. That must change to move the remittance market forward.

Consumers say they consider mobile banking unsafe even as they increasingly use it, assuming they can do nothing to protect themselves from the escalating threats. Banks can't afford to be so fatalistic.

As a recent college graduate, I could have been more engaged with my longer-term financial health had I had today's fintech tools at my disposal.

The physical branch network is not dead, but to ensure its viability banks need to get serious about trimming it down and combining branches with digital channels.