News Topic: Technology

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article

As artificial intelligence makes analytics better, the question of who gets to benefit from the intel will come up more. Fintech startup wallet.ai believes customers should be told of propensities that might be hurting them. ... Read full article

FIS is forming a network for the inaugural class of its VC Fintech Accelerator program. ... Read full article

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader responses to AmericanBanker.com articles, social media, and from around the web. ... Read full article

Kasisto, a provider of chatbots to banks, announced Thursday a $9.2 million Series A funding round led by Propel Venture Partners with participation from Mastercard and Commerce Ventures. ... Read full article

Mnuchin to divest; fintech firms may be able to get bank charters ... Read full article

Financial innovation will stall unless we, as an industry, collaborate on a universal data gathering standard. ... Read full article

Simple innovations -- such as those that would bring the underbanked into the financial mainstream -- are often stymied by regulation, says Bank of America CEO Brian Moynihan. ... Read full article

The U.K.-based firm has raised $373 million from investors since it was founded in 2010. ... Read full article

Technology blog Gigaom announced that, unable to pay creditors, it’s discontinuing its operations, but it likely is not filing for bankruptcy. In a post titled “a brief note about our company,” Gigaom’s management said it’s currently unable to pay ... Read full article

Banks needs to deeply understand the needs of their customers before they start rolling out ambitious high-tech plans. ... Read full article

As bitcoins become more popular, banks should consider the credit risks associated with borrowers who own digital currencies and take steps to mitigate potential pitfalls. ... Read full article

Mobile money products are taking off in countries including Bangladesh, Kenya and Somaliland Â-- and banks have a historic opportunity to get involved in this rapidly advancing market. ... Read full article

Rather than wait until after a data breach to increase information-security investments, banks should put into place practices that help prevent cyberattacks in the first place. ... Read full article

The risk that a trader will mistakenly enter an incorrect stock order is on the rise as mobile- and cloud-based platforms become more popular. ... Read full article

Real-time payments would undoubtedly benefit some consumers and companies, but same-day payments can address many current needs. To that end, Nacha is working on a phased-in approach to implementing multiple same-day settlement windows. ... Read full article

A risk-based approach to anti-money laundering rules would allow regulators to be sure mobile transactions are being screened for suspicious activity without hindering the technology's potential to do social good. ... Read full article

As data breaches become more common, bank board members need to make sure that senior management is familiar with the latest cybersecurity developments and has a crisis communications plan in place. ... Read full article