OpenFin, a devotee of open source software, has raised $15 million in Series B funding to fuel staff expansion, business development and new products.

The technology can help to speed processing, and the number of banks investing in the technology is expanding rapidly.

Banks are woefully unprepared to face potential cybersecurity threats stemming from third-party technology providers, according to a report issued Wednesday by the Federal Deposit Insurance Corp.’s independent watchdog.

Marketplace lenders have set themselves apart from banks by moving faster, but lending fraud might force them to revamp their authentication processes.

The bank and cloud accounting platform will offer services to mutual customers via API.

The Dorchester, Mass.-based CU liked COCC’s robust functionality.

By using biometrics, merchants can tie user identity to the actual consumer, a better option than EMV chip cards.

More and more banks are using advanced geographic information systems to help make decisions around branch consolidation, lending in low-income communities, monitoring fraud and even deploying talent.

The credit score has evolved from one number to an array of scores, informed by analytics and increasingly enhanced with artificial intelligence.

A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.

British technology startups are beginning to stress out over Brexit.

The attack goes after the social network customer service channels for issuers and other financial services, and is hard for consumers to spot.

The Florida company, which hit an aggressive profit goal last year, is planning its first investor day later this month to outline longer-term goals.

Hotels and other hospitality businesses need to adopt new security technology methods such as biometrics to stay ahead of the crooks.

Opus Bank has hired Scarlett Sieber, the former senior vice president in global business development at BBVA, to be its chief innovation officer.

In the years ahead, banks will have to fend off better organized and increasingly advanced cybercrime rings. "We're seeing levels of sophistication that we haven't seen before," says Pat Phelan, senior vice president of identity at TransUnion.

LG is rethinking its strategy around LG Pay and its newest smartphone, the G6, won’t include a mobile payments feature when it’s unveiled later this month at Mobile World Congress in Barcelona

It's not enough for a credit union to a mobile payment app—the CU’s app needs to be the first one members turn to when it comes time to pay.

Some execs have plenty to be sour about, but others are emphasizing the possibilities amid today's economic and political realities. Their contrasting mindsets were on full display at a Credit Suisse conference this week.

The password management company was an early supporter of the alliance's standards, and is now joining the organization as it seeks to reduce use of static authentication.