Technology

Updated Saturday, May 25, 2013 as of 5:15 AM ET

Practice - Technology

Old Branch Designs 'Are Toast': Umpqua's CEO

With technology advancements increasingly letting consumers bank wherever they want, including Mount Everest, the future relevance of the branch will hinge on financial institutions finding ways to lure customers into their facilities, according to Umpqua Holdings' Chief Executive and President Raymond Davis.

"The bank branch has to change," Davis says. "It has to entice people to come in. That's a challenge for banks." more »

More in Technology

see all

Chinese Hackers Renew Attacks on U.S. Financial Firms

Hackers backed by China's military appear to have resumed a campaign of cyberattacks on U.S. businesses. The targets, which in previous attacks included financial firms, are thought to remain the same. more »

Advisors Missing Generational Shift?

A great wealth transfer may indeed be looming, but advisory firm executives are still focusing their creative energy on their boomer (and older) clients. more »

Fidelity Introduces NetBenefits Smartphone App

Fidelity Investments has rolled out a smartphone application for NetBenefits 401(k) plan participants. more »

4 Tech Tools to Expand Your Practice

Technology innovations are critical for advisors to remain on the cutting edge and retain the next generation of clients. more »

Tech Investment: $100,000 Yields $1 Million

Want a technology investment with a real payoff? Steer clear of hot Internet stocks. Instead, make a technology investment in your own practice. more »

Savant Launches Online Portal, But Traditional Channels Remain Critical

The platform, eSavant Advisor, which was introduced Monday, caters to clients with at least $50,000 in investable assets. more »

New Envestnet Offering Draws on Big Data

The Chicago-based platform provider and outsourcing firm unveiled Envestnet Intelligence, a new content and analytic offering for advisors at its annual Advisor Summit conference in Chicago. more »

Geezeo, Access Softek to Combine Money Management, Mobile Banking Apps

Software makers Geezeo and Access Softek are teaming to offer money management tools that banks can deliver to customers via smartphones and other mobile devices. more »

Schwab Exec Says More Website Attacks Possible

Schwab’s CEO Walt Bettinger sent clients a letter apologizing for the inconvenience caused by the company’s website outage Tuesday. more »

Fidelity Introduces App for Windows Phone

Fidelity Investments has rolled out a Windows Phone 8 brokerage app for Windows Phone users to help them manage their investments on the go. more »

PNC's Rohr Doubts Small Banks Can Handle Cyberattacks

Jim Rohr says cybersecurity is one of the biggest issues banks face. The frequent distributed denial-of-service-attacks on banks' web servers that have occurred since September are doing more than disrupting service. more »

New Technology, Training Critical for Holistic Planning

Financial services firms and advisors are relying on new technology and enhanced training to to take a more holistic financial planning approach with clients. more »

Fidelity Launches Cloud-Based, Virtual Desktop for Advisors

Fidelity says the new desktop will enable the “anywhere advisor." more »

AdvisorTV