News Topic: bank-technology

The founder and chief executive of Anthemis gets an early look at all types of fintech innovation. She's noticed that, no matter how different the ideas are, there is one underlying commonality in this sector: it's lacking something profound. ... Read full article

One of the hottest bank technologies is already repeating mistakes of decades past and showing just how far banks have to go to catch up with the times. Here is one easy way to make this emerging tech more appealing to today's customers. ... Read full article

What matters is what the customer gets, not how they get it. Investing in digital distribution yields little unless banks are delivering the products and services that customers crave. ... Read full article

What matters is what the customer gets, not how they get it. Investing in digital distribution yields little unless banks are delivering the products and services that customers crave. ... Read full article

Neither bank regulators nor banks' risk managers can afford to wait until rating agencies downgrade Deutsche before understanding the level of exposure they have to the German bank giant. ... Read full article

To land and retain millennial customers, mobile banking apps must graduate from simply replicating online banking on a phone to leveraging the native functionality of mobile hardware. ... Read full article

We are still in the early days of digital finance Â-- but the heated tone of conversations surrounding approaches to data access threatens to keep us there. ... Read full article

The Wells Fargo scandal is an example of what happens when a system requires you to effectively hand over the keys to your identity to strangers as if you were giving them your car keys. Moreover, it is a call to banks to restore trust and become leaders ... Read full article

Rather than continuing to invest in inclusion initiatives that fail to drive diversity, banks should embrace these three programs instead. ... Read full article

Rather than addressing a pressing need like an economic crisis, a fintech charter would place the federal government in the business of choosing winners and losers in a market, with the potential to distort the banking system. ... Read full article

Community banks need profit and diversification opportunities, while marketplace lenders may find mergers to be the easiest route into the banking system. ... Read full article

To help ensure that women are included in digital banking's future, we must reach girls and young women at an earlier age than their college years to equip them with the IT tools they need to succeed in tomorrow's workforce. ... Read full article

About two-thirds of banks that close branches will lose deposit share in their impacted markets in time. Here's how to prevent customers from leaving your bank. ... Read full article

Institutions should define data "liabilities" and "assets" and represent them in a way that both touts data successes and is transparent about data gaps. ... Read full article

The new prepaid rules make it harder for bad actors to enter the industry while also being broad enough to apply to future digital products. ... Read full article

Just like climate change, it is impossible to deny the gender bias in banking. Instead of sweeping bias under the rug, seek out the inequalities and unfair practices and fix them. ... Read full article

It's time not only to hold banks accountable for their security, but also to provide meaningful regulatory guidance on how to achieve security. ... Read full article

Fintech not only solves problems for banks and their customers, it also helped break a curse. ... Read full article