Technology
Technology
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The New York bank recently converted 3 million GM Rewards cardholders to its Marcus app, the next phase of its plans to offer more banking services in unexpected places.
March 1 -
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While most banks are afraid to touch cannabis business until federal regulations are put in place, some are turning to fintech to automate compliance until then.
February 28 -
With tensions high between Russia and the West, Synechron is looking to develop a real-time kill switch that can shut down a malware threat. The company’s PayTech Accelerator is also focusing on the opportunity for banks in buy now/pay later lending.
February 28 -
Bank of America is under investigation in connection with its role as the administrator of a state program that was rife with fraud. The fiasco is one of several involving the prepaid card industry over the last 12 years.
February 27 -
Amid Russia’s invasion of its neighbor, cybersecurity officials are warning about the potential for an unconstrained cyberattack on targets in Ukraine to spread around the globe.
February 25 -
Cloud-hosted systems add flexibility to develop payment and lending services that aren't possible on legacy platforms. “We want to develop products that suit our customers rather than what our core provider tells us to provide,” said Samantha Pause, chief marketing and benefit officer at Mascoma Bank in New Hampshire.
February 25 -
The M&A surge promises to improve the services fintechs offer to many banks. But it's also creating a new class of full-service competitors.
February 25 -
Eighty percent of banks plan to spend more to strengthen their safeguards against malware, phishing and other threats in the next 12 months, but only about half are vetting their defenses each year, according to a new Arizent survey. Read on for more findings.
February 24 -
Marqeta COO Vidya Peters and Plaid COO Eric Sager discuss their plan to bypass the use of microdeposits — small transfers that are used to verify identity when linking accounts — to improve speed and security for consumers.
February 24 -
The activist investor ValueAct Capital Management has been awarded a seat on the board of Fiserv as part of a settlement with the financial technology and payments firm.
February 23 -
Companies that have competed in the agency's program say it helped them accelerate new ideas for features and businesses.
February 23 -
Roughly two dozen countries have issued central bank digital currencies or have pilots underway. But until financial services firms strengthen the security of their mobile apps, these payment tools are unlikely to gain widespread acceptance.
February 23 - AB - Technology
A new wave of cyberattacks is targeting banks and other companies, two research groups have found.
February 22 -
With its $1.1 billion deal for Technisys, the onetime student-loan refinancer adds a banking-core software arm as it pushes beyond deposits and lending.
February 22 -
Changing consumer expectations, new workplace realities and increasing demand for third-party access to data are pushing companies to re-invent cybersecurity's role for the future.
February 22 -
Changing consumer expectations, new workplace realities and increasing demand for third-party access to data are pushing companies to re-invent cybersecurity's role for the future.
February 22 -
Klarna Bank is adding the option for customers to pay immediately at checkout in nine new markets while expanding its rewards program, as it targets becoming a one-stop lender for consumers.
February 22 -
The Minneapolis bank is shifting consumer-facing applications and other technology components out of its data centers and into Microsoft’s Azure cloud.
February 22 -
Super Bowl ads' impact, another overdraft-fees ouster, and more in banking news this week.
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