News Topic: Bank technology

The recent outcry over government use of Amazon's facial recognition software will force TD Bank, USAA and others to confront flaws in the technology that make it harder for women and minorities than white men to use mobile banking. ... Read full article

A chunk of alternative loan customers are perfectly creditworthy, a report from the credit bureau shows. ... Read full article

Moody’s lead analyst Fadi Massih shares what he looks for when deciding how to rate banks, including traits that could help them withstand fintech competition. ... Read full article

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers. ... Read full article

At least two cryptocurrency companies, Coinbase and ivyKoin, have talked to federal regulators about obtaining a bank license, but there is skepticism that it will happen. Here's why. ... Read full article

The bank found that mixing personal finance management with positive reinforcement allowed them to appeal to younger customers. ... Read full article

The financial technology infrastructure firm has made its first move to provide services outside of the U.S. ... Read full article

From international payments to trade finance deals, banks are increasingly exploring uses of distributed ledger technology in a number of ways. ... Read full article

Sageworks, a financial services software firm that provides institutions with lending and risk solutions, is being sold to Silicon Valley-based Accel-KKR. ... Read full article

Fintech challenger banks like Simple, Moven, Varo and Chime have faced separate headwinds in recent years. Here's how they’re taking up the charge again. ... Read full article

Community banks count on personal service as a differentiator to win business. But legacy technology issues can get in the way. ... Read full article

Banks need to curate and bring many financial services to their customers, says Chris Skinner, author of the new book Digital Human. ... Read full article

Fintechs attending Consensus 2018, the annual cryptocurrency event, said they found promise for a market still trying to find a path to unified operations and wider acceptance within financial services. ... Read full article

Envestnet's aggregator rolls out PFM features meant to appeal to younger clients — and links to Alexa. ... Read full article

"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview. ... Read full article

Google's new voice assistant technology may be the best right now at imitating human speech. That makes it a potentially powerful tool for bankers — and for cybercrooks. ... Read full article

There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn. ... Read full article

Bank executives embrace the idea of artificial intelligence and say it will create jobs, while analysts say it will reduce jobs. Employees are anxious about AI but willing to try to work with it. All agree AI is already making an impact. ... Read full article