News Topic: Bank technology

The online lender to small businesses is expanding its business deeper into traditional banks’ territory with larger loans. ... Read full article

AriseBank said it was the first crypto platform to buy a traditional bank. But there’s no evidence it did anything of the kind — and its founder now says it has been raided by the FBI. ... Read full article

The Japanese cryptocurrency exchange Coincheck says roughly $400 million of the digital currency NEM was stolen. If banks and others are to invest in the digital-asset industry, it will have to do better. ... Read full article

The bank tweeted that its website and mobile app were down, but bank customers report system problems at some branches as well. ... Read full article

Digital alerts for clients aren't new, but they can still provide small banks a platform to reach new markets and appeal to younger clients. ... Read full article

Plans by IDT and MercuryFX to test XRP for cross-border payments are another vote of confidence for Ripple’s products. ... Read full article

Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files. ... Read full article

The addition of Bob Savino as chief product officer comes as BankMobile is poised to spin off from Customers Bancorp and merge with Flagship Community Bank. ... Read full article

Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management. ... Read full article

SoFi's experience shows that the biggest names in fintech, while generating massive financial support, still operate in a very volatile world. ... Read full article

Stepping in after co-founder Mike Cagney's resignation, Anthony Noto needs to overhaul the firm's corporate culture, lay the groundwork for an IPO and determine whether to renew SoFi's pursuit of a bank charter. ... Read full article

Few fees, automated savings and social media engagement all reel in the 23- to 37-year-old set and present a competitive threat to big, traditional banks, according to CEO Chris Britt. ... Read full article

Millennials are more bank-savvy than they’re given credit for, according to a new survey of 1,500 sponsored by Bank of America. ... Read full article

Dan Kimerling, founder of Deciens Capital, explains why it would make sense for U.S. banks to accept open banking. ... Read full article

The online lender is integrating itself with several popular software programs to provide lending as a service. It’s an open-banking road map for skeptical banks. ... Read full article

Wells Fargo joins the list of banks recently hobbled by tech outages. Is there a better response than "Sorry for the inconvenience"? ... Read full article

Fears about regulators coming down on digital currency trading caused an epic crash in the market this week. But reining in this evolving asset class won't be easy. ... Read full article

The difference in pay between men and women at Citi is not as striking as some other differences. A reverse mentor changed how Goldman’s Edith Cooper thinks about differences in the workplace. Banks are doing a lot more than relaxing the dress code to ... Read full article