Bank technology

Made in the USAA: Bank to license its own tech

02/28/17

USAA has granted development rights to some of its patented security technologies to Persistent Systems to create authentication and security-related products.

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Bank blockchain choices may come down to IBM vs. Microsoft

02/28/17

IBM's work with Northern Trust and Hyperledger and Microsoft's alliance with JPMorgan and others show the different approaches the tech giants are taking with the technology.

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Amazon Web Services says it's working to repair disruption

02/28/17

Amazon.com's cloud-computing service was beset by "high error rates" on parts of its S3 data-storage system, disrupting many internet sites and mobile applications that rely on the company for their online presences.

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Cloud-based ClearBank to launch in U.K. to challenge legacy payments

02/28/17

Financial services providers and fintech startups in the U.K. will soon have another bank to work with to gain access to the country's payment systems and core banking technology — and potentially save money in doing so.

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Walmart updates app to ease money transfers

02/28/17

The retailer is set to announce Tuesday that it is updating its app to allow its customers to input money transfer information electronically rather than having to fill out paperwork in the store.

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Struggling marketplace lender announces funding deal

02/27/17

Prosper Marketplace will receive as much as $5 billion in loan funding under a deal that will provide investors an equity stake in the San Francisco company

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The role venture capitalists can play in pairing banks and fintech

02/27/17

Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other.

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Securitization, blockchain trade groups team up

02/27/17

The Structured Finance Industry Group and Chamber of Digital Commerce will explore ways distributed ledger technology might speed transaction processing and improve transparency.

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Fintechs assure customers their data unaffected by Cloudbleed

02/27/17

Firms including Betterment, Coinbase and TransferWise have told customers that despite a bug affecting the content delivery network Cloudflare, their data is safe.

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How API partnerships could help banks win back small biz

02/24/17

Banks are partnering with tech companies to win back some of the small-business customers that the industry lost to fintechs.

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