Bank technology

For the third time in five years, the Office of the Comptroller of the Currency issued an enforcement action against the beleaguered bank. It bars USAA from adding new products or loosening its membership criteria without evaluating the risks of getting bigger.

Fintech VC funding flooded into consumer-focused companies in 2021. Now, the tides are changing direction.

IntraFi, R&T Deposit Solutions and other companies help banks capture and insure the entirety of their customers' balances — a cogent need in the aftermath of SVB.

Bank regulators should heed the Treasury Department's call to embrace cutting-edge tools for credit scoring.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

Calls for less reliance on credit bureaus and Social Security numbers for verification are leading many to envision a future of identity on a distributed ledger.

Mobile remote deposit capture is said to be just the first of many tech patents the company will seek to enforce. That could cost banks that use its technologies a lot of money.

Google Play and CFSI aim to improve use of financial health apps through a storefront organized by consumers' needs and by publishing a guide for app developers.

The tech giant said it is enabling third parties to create financial services apps in the cloud.

ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA.