
Sean Sposito
Sean Sposito is a freelance writer.

Sean Sposito is a freelance writer.
Google is sidestepping the telcos that seek to dominate the mobile wallet.
Watches. Eyeglasses. Wristbands. Wearable computing is fast shaping into a potential tool bankers may someday use to speak to customers.
A subsidiary of Banco Santander and headquartered in Dallas, Santander Consumer USA said it's using ViaWest's colocation service for its secure, cloud-computing operations that will eventually store Santander data.
This week at the ATM, Debit and Prepaid Forum in Las Vegas, bankers cast aside differences and started to talk about the evolving payments landscape.
Silicon Valley Bank is sponsoring workshops on both coasts to teach computer programming skills to middle school and high school students.
Banks continue to spend big bucks to develop secure mobile banking apps for various platforms. But some day soon the web browser may offer equal security at a fraction of the cost.
The smartphone blog Android Police has discovered several latent features buried in the code underlying the software for Googles wearable computer. Among them are panoramic image capture (suitable for check imaging), a stopwatch, and commands to play music or games.
Zumigo, which detects fraud by authenticating mobile devices, debuted its Assure security products, this week.
Citi announced Wednesday the tablet edition for its commercial banking portal, CitiDirect BE Tablet.
A 25-year-old graphic designer (Chase Giunta) was stripped of his Twitter handle, @Chase, by JPMorgan Chase after re-tweeting vitriol aimed at the bank, according to the New York Post. The switch happened earlier this month.
Banks still using Microsoft's Windows XP operating system had better beware, the Federal Financial Institutions Examination Council announced this week.
California has reformed its controversial Money Transmission Act. On Friday, the state's governor, Jerry Brown, signed a bill amending the 2010 law.
Guardian Analytics announced Tuesday that it's been maintaining a secure online forum for financial services companies looking to safeguard themselves against data breaches and distributed denial of service attacks.
As consumers increasingly transact over mobile phones and social networks, banks, payment networks and policy experts are rethinking the nature of consumers' digital identities.
In a bid to better its fraud detection services, Experian is planning to acquire device identification and web fraud detection company 41st Parameter.
With Braintree's technology, PayPal would have a stronger pitch for retailers' processing business. By that same token, banks would have another reason to work with PayPal.
PayPal's $800 million deal to buy the payments processor Braintree fuels a fast-paced acquisition streak that has granted PayPal some of most disruptive technology and people in the payments industry.
The digital commerce arm of eBay announced Tuesday that it is extending fixed-fee loans to loyal PayPal merchants.
PayPals reported plans to acquire Braintree would give it more than just a payment processor that moves $10 billion a year. If this marriage takes place, it would signal a shift in how payments companies think about technology.
PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history.