News Topic: Bank technology

Separate apps for banking and PFM are too much for most customers to handle, so the Canadian bank is adding automated advice and savings to mobile banking — and it’s relying on artificial intelligence and predictive analytics to make it all work. ... Read full article

Out-of-control email chains, long meetings, haphazard approaches — that was project "management" at Exchange Bank in California. It took five years, but those things have changed. ... Read full article

Readers chime in on debates about ILCs, the CFPB’s arbitration rule, the financial services ambitions of tech firms and more. ... Read full article

Umpqua Bank is testing a system that would make text-chat, video and voice banking more personable by staffing them with branch workers during their down time. ... Read full article

It's not just big banks. Even U.S. community banks may be subject to the General Data Protection Regulation given the boundlessness of digital commerce. ... Read full article

The Cincinnati bank says its investment unit is taking an equity stake in NRT Sightline to provide a wide range of banking and payments services to casino operators. ... Read full article

China’s crackdown on cryptocurrency exchanges raises questions about the future of digital asset innovation, a movement that some bankers view as a threat and others embrace as a boon to payments, P-to-P lending and other activities. ... Read full article

The payments processor Square has big plans in banking — but even after filing an application to charter an industrial loan company, it still doesn’t see itself as a competitor to most financial institutions. ... Read full article

Normally tight-lipped about security moves, bankers tell how they are re-examining their systems for Equifax-like flaws and providing new cards, fresh accounts and reassuring advice for anxious customers. ... Read full article

Beneficial Bank in Philadelphia intends to be an early adopter of Apple’s Face ID. ... Read full article

Wells Fargo, PNC and others are finding that the web seminar is an effective way to promote themselves through advice and useful content aimed at consumers and business clients. ... Read full article

The Upstart Network's CEO, Dave Girouard, explains how the online lender worked with a normally aggressive federal regulator to balance the needs for innovation and consumer protection. ... Read full article

More blazers — and fewer T-shirts — are evident at this tech conference than when it began 10 years ago, a sign of how fintech and traditional banking are blending. ... Read full article

Vikram Pandit, who ran Citigroup during the financial crisis, said developments in technology could see some 30% of banking jobs disappearing in the next five years. ... Read full article

Facial recognition and an updated Apple Watch could spur change in banks’ mobile apps for Apple customers. ... Read full article

One lawsuit has already been filed against Equifax in the wake of its massive security failure. But that’s the just beginning of the consequences for the credit bureau and the banks that use it. ... Read full article

The person-to-person payment service, the big banks’ answer to Venmo, is scheduled to launch a standalone app next week. ... Read full article

Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers in what could be one of the largest data intrusions. ... Read full article