Most banks today still rely on a hodgepodge of outdated technology that’s upwards of 40 to 50 years old. Efforts to modernize a bank’s core can be challenging but are necessary to take advantage of ...

Back in 1966 when Computer Weekly was launched, banking technology was in its infancy. Book-keeping was being transferred from paper ledgers to early mainframes to reduce the manual work involved, but ...

USAA has spent about a decade seeking licensing deals for its banking technology, with mixed results when disputes went to ...

Branches won't succeed without significant investment in mobile and in-branch technology; but failing to invest in bankers themselves is just as big a problem, writes Dave Martin, of BankMechanics. A ...

The banking industry is undergoing a profound transformation, led by advancements in technology such as artificial intelligence (AI), data analytics, and digitization. These developments are changing ...

Citizens Bank's latest foray into open banking is aimed at the annoyance of switching recurring payments from one card or bank account to another, a hurdle the bank plans to ease through a mobile app ...

As the usage of physical cash diminishes and digital consumption skyrockets, traditional banks are undergoing a seismic shift to adapt to changing customer preferences. Digital transformation is ...

GRAND-LANCY, Switzerland--(BUSINESS WIRE)--Temenos (SIX: TEMN), a global leader in banking technology, today announced it has been recognized as the World’s Best Core Banking Solution in the Euromoney ...

This year has been amazing from a Technology perspective, the way the usability aspect of Gen AI is discussed in every forum, board room, and at individual level across industries is unparalleled. We ...

In an era marked by rapid technological advancements and shifting market dynamics, the banking sector stands at a crossroads. I'll share insights from a recent corporate banking modernization panel I ...

Once considered the domain of science fiction, wearable devices are now an increasingly common medium for facilitating secure payments on the go. RFID-enabled smartwatches, wristbands and jewelry ...

Banks and brokerages like Fidelity, Schwab, Citibank and Wells Fargo have used technology to better connect with consumers in an increasingly cutthroat marketplace. It was 1970, and Steve Schutze was ...