Bank technology

Mission-driven Varo Money secures $45 million from investors

01/18/18

U2 lead singer Bono is among the latest to support the ambitious mobile-only fintech startup, which applied for a national bank charter in July.

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Cryptocurrency a 'very critical issue': Banking panel chair

01/17/18

As senators weigh anti-money-laundering reforms, they reiterated their desire to include cryptocurrencies as part of legislative discussions.

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Rethinking bill pay when there isn’t a bill

01/17/18

Providing the default card in digital subscription services is one way banks can win back bill-pay business, save customers time and help them manage their data.

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TD Bank’s bold bet on AI technology

01/16/18

In a move rare for the industry, the bank bought a team of data scientists to bolster its artificial intelligence efforts in areas including product recommendations and fraud prevention.

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Bank of America reports 84% increase in Zelle P-to-P payments

01/12/18

Fast growth in use of the bank's instance of the person-to-person payments product indicates it could one day rival Venmo.

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Fears mount about Meltdown, Spectre threats to cloud computing

01/12/18

Bankers could see higher costs as cloud computing vendors struggle to protect their systems from the latest hacking vulnerabilities.

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Bitcoin warning, future of GSEs, CFPB data freeze: Top stories of the week

01/12/18

Cryptocurrencies continue to pique the interest of our readers, with a warning on bitcoin taking the top spot and a story about Ripple's partnership with MoneyGram doing well. Housing finance reform, Wells Fargo and the CFPB also featured.

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Doubling down on digital personalization, TD snaps up AI company

01/12/18

Banks are increasingly investing in technology that will enable them to deliver highly personal and customized communications with customers.

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MoneyGram pilot is important real-world test for Ripple's payments plan

01/11/18

The San Francisco startup behind the cryptocurrency XRP claims it can send money around the world faster, cheaper and with greater transparency.

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Be prepared, Indianapolis bankers: B of A has landed

01/11/18

Bank of America has opened a flagship branch downtown and plans several so-called robo branches across the city. It has used a similar strategy to enter new markets in the past year.

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