News Topic: Mobile technology

Rep. Denver Riggleman, R-Va., explains why he’s introduced legislation requiring greater transparency over the Federal Reserve’s incoming payment system. ... Read full article

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers. ... Read full article

Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive. ... Read full article

In addition to launching an automated investing app, the bank created a dedicated adviser unit to provide personal service to customers when they need it. ... Read full article

Banks have to be more resourceful with technology and less dependent on high interest rates. ... Read full article

The core-banking provider Temenos, based in Geneva, was drawn to Kony's strong U.S. presence, its software for banks and a special app it owns. ... Read full article

As branches in remote areas disappear, banks run the risk of losing business to fintechs. ... Read full article

The CFPB is giving the public an additional 30 days so consumer groups have more time to respond. ... Read full article

Banks are discovering that streamlining mobile apps and websites goes a long way toward improving customer satisfaction. ... Read full article

The Alabama bank, which is spending hundreds of millions on technology, says the ability to make faster credit decisions is one reason digital metrics such as checking account openings are soaring. ... Read full article

Kindur and Finhabits are trying to create retirement plans for people who lack them. Are banks missing an opportunity? ... Read full article

Flybits is building a marketplace to connect banks with third parties that might want to share data across channels. ... Read full article

Banks can fine-tune their apps so the customer doesn't give up halfway through a cumbersome sign-up process. ... Read full article

The neobank, which has 3.5 million European customers, is starting with fee-free checking, a debit card and real-time transactions. It's part of a wave of competition arriving from overseas. ... Read full article

The technology has become controversial for its potential for bias. Notre Dame professor Kevin Bowyer explains what his studies of this issue have found. ... Read full article

Many might think that the technological disruption of the industry is already underway, but it’s likely that the most significant restructuring is still yet to come. ... Read full article

Monzo has been adding roughly 200,000 users a month in the U.K., and is hoping to replicate that success as it launches in the U.S. ... Read full article

The increased mobile engagement at U.S. Bank goes back to Ankit Bhatt letting customers tell him — and, many times, show him — what needs to improve. ... Read full article