Bank technology

Now the hard part for bank robos: Getting customers to use them

05/10/17

Banks have warmed up to digital wealth management tools but will need to use their human advisers, too, to beat fintechs.

[more]

Capital One deal aims to streamline data sharing for small business

05/10/17

Through the bank’s new API, small-business customers can feed their bank data into Xero’s cloud accounting technology.

[more]

Live Oak seeks to recreate nCino's success with First Data's help

05/10/17

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.

[more]

Ohio banks team up to form fintech accelerator

05/09/17

Fifth Third, Huntington Bancshares and KeyCorp are among the companies backing an effort to bring startups to the Buckeye State.

[more]

The bank of the future: A (digital) financial mall

05/09/17

In the way that Gap and Victoria's Secret are ubiquitous in the malls dotting the suburban landscape, it is unlikely fintech partners will be exclusive to one bank.

[more]

Will parents pay $36 a year to manage kids’ allowances via app?

05/09/17

Current, an app debuting Tuesday, updates the joint account for an era of tweens with smartphones.

[more]

Why veteran of a legacy vendor joined core banking startup crowd

05/09/17

Frank Sanchez, a former FIS executive, is launching a new cloud-based core banking system aimed at large community banks looking to ditch mainframes.

[more]

When 'soft' data improves loan decisions, and when it doesn't

05/09/17

MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results shed light on the value and limitations of "soft" information.

[more]

Has Denmark cracked the code to the mobile wallet?

05/08/17

The Bokis wallet's new app is scheduled for broad release this summer. It's a rare success for collaborative wallets, as others have failed, such as the U.S.'s Softcard and CurrentC, the U.K.’s Weve, Canada’s suretap and Singapore’s SmartWallet.

[more]

FIS wants to help banks dominate fintech relationships

05/05/17

By banding together, banks can negotiate better terms with startups and other tech companies, the vendor says.

[more]