The House Financial Services Committee approved a data security bill Tuesday that would require all financial companies to have similar security protections and notification requirements as banks.

Umpqua Holdings wants other banks to join its recently announced innovation lab in Silicon Valley. The company says if smaller banks pool resources they can compete with the deep pockets of the big banks in disruption.

The House Financial Services Committee approved a data security bill Tuesday that would require all companies that handle sensitive financial data to have similar security protections and notification requirements as financial institutions.

Financial institutions' growing curiosity about so-called blockchain technology has spawned a new category of technology: blockchain as a service.

For mobile commerce provider Cardfree, landing a deal with Dunkin' Donuts to upgrade its app to include pre-ordering and payment is like a trip to the past.

If a fraudster doesn't know a credit card verification value code, it creates a major hurdle in attempting a card-not-present transaction with stolen cards or credentials.

CU*NorthWest on Tuesday said two more credit unions have signed with the CUSO for their core processing needs: Northern Colorado Federal Credit Union, Greeley, Colo., and Comunidad Latina Federal Credit Union, Santa Ana, Calif.

Vodafone is extending M-Pesa to Ghana, making it the 11th country to offer the mobile money service to unbanked consumers in developing markets in Africa, India and Europe.

Most information technology departments are often viewed as a boys’ club with few women in the mix. But the annual Women in Technology International (WITI) Geek Glam Runway Show aims to change that viewpoint.

Major cloud, consulting and software providers like Microsoft and Deloitte are plugging "blockchain as a service" for financial institutions that want to experiment with this technology without making huge investments.

Rock Valley Credit Union has selected Symitar EASE, the outsourced delivery model of the Episys core processing system.

A customer's social media presence provides a window to the soul, which a more traditional credit history cannot touch.

Elevations Credit Union in Boulder, Colo., has launched a new website, featuring a responsive desi

SunTrust Banks Inc. introduced enhanced rewards and bonuses with three new credit cards for customers about seven weeks after the October EMV liability shift, gaining some headwind with the added security of chip cards and an offer of free FICO score reporting.

A recent column by Penny Crosman on whether cards with newer chip technology should be paired with a signature or PIN, for added security, came down squarely on the side of using PINs. But the article overlooked a key fact in the debate: neither is the most important defense against fraud. It’s the chip that matters.

As wearable computing transitions from fantasy to fashion, developers are starting to consider the distinct risks that arise when payments migrate away from smartphones.

Millennial Vision Inc. (MVi), supplier of Laserfiche Enterprise Content Management (ECM) solutions to the credit union industry, on Monday said it has signed seven new CUs through November.

The core-processing vendor FIS wants to dream big like fintech startups when it comes to developing future services, but it also seeks to be large enough to offer multiple services in an era when banks are cutting back on third-party providers.

FitPay's alternative approach to wearable payments has gotten a boost from Comerica Bank and RocketSpace, which have chosen FitPay as the winner of the Wearable FinTech Startup Challenge.

Competition for commercial clients is fierce, so banks are on the hunt for ways to keep their customers happy.