News Topic: Technology

A payment and currency exchange system called the Ripple protocol makes dollars, yen, euros, Bitcoins, gold and even frequent flyer miles virtually interchangeable. ... Read full article

Under-35 consumers find more value in retailersÂ' loyalty programs than they do deposit accounts, and itÂ's up to banks to figure out how to capitalize on that transaction-first mindset. ... Read full article

While banks struggle to get consumers to use Near Field Communication-enabled phones for mobile payments, the video game industry is having blockbuster success with NFC technology. ... Read full article

Before banks launch new payment products and services, they should think carefully about their customer demographics, security and regulatory risks and data monetization. ... Read full article

Some cyber-risk insurance policies could prove insufficient in the event of large-scale attack. ... Read full article

Creating a more efficient way to do the same old thing isn't enough, says David Gerbino. Banks need to reconstruct some of their basic deposit products to truly innovate. ... Read full article

The financial industry should focus on creating new methods of identification, authentication and privacy protection that ward off fraud while keeping consumer inconvenience to a minimum. ... Read full article

Diebold Chief Innovation Offer Frank Natoli Jr. maps out what it will take to make biometrics a banking reality. ... Read full article

Historical patterns of human innovation suggest that the ever-expanding array of payment technologies will eventually hit a wall. Some of todayÂ's most prominent payments platforms may not survive the next cycle. ... Read full article

As mobile payments hit the mainstream, bankers should offer their customers a compelling proposition rather than wait for someone else to lure customers away. ... Read full article

By strengthening direct consumer oversight, Bitcoin may shift consumer protection from law and regulation to reputation and trust, and even to mathematical proof of good service. ... Read full article

A look at four financial technology startups reveals major trends in the industry. Mobile applications, digital currencies, small data and alternative lending are all heating up. ... Read full article

Three key crisis response concepts can help bank leadership teams avoid the fate of Target CEO Gregg Steinhafel, who resigned this week in the aftermath of the company's holiday season cyberattack. ... Read full article

Banks should not expect customers to cough up their data if there isnÂ't something in it for them. ... Read full article

The Year of Mobile Payments will arrive only when all of the key players Â-- providers, merchants and consumers Â--are sufficiently motivated to change. ... Read full article

Granted, journalists can be scavengers; they're nosey and can be positively annoying when they want information. But why does a whole group of crypto-anarchists and technologists think they have the moral high ground? ... Read full article

New innovations in data security, including chip technology, tokenization and end-to-end encryption, are adding even more technologically advanced fraud prevention tools to our nation's payments infrastructure. ... Read full article

Building simplified digital experiences, especially in financial services, is critical to institutional survival. ... Read full article