Steve Bills

The global financial cooperative Swift announced Tuesday that Union Credit Bank in Miami is using its Alliance Lite service to connect to SwiftNet.

Chase HSA customers can now transfer funds directly from their checking or savings accounts to their HSA and pay their medical expenses online from their HSA, without writing and mailing checks.

Tio Networks announced Monday that it will offer walk-in expedited bill payment at certain retail stores in metropolitan Atlanta so customers can pay bills from Georgia Power Co.

Smart safes, offering merchants deposit credit for cash that has not even left the store, are helping banks crack new markets.

Smart safes, offering merchants deposit credit for cash that has not even left the store, are helping banks crack new markets.

Northern Trust Corp. plans to introduce a mobile banking application next year for institutional money managers and their clients.

In MasterCard Inc.'s vision of the future, mobile phones have become versatile financial tools that offer a broad range of payments capabilities.

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MasterCard took several steps this week that demonstrate how the company plans to realize its vision of a future where mobile phones are versatile financial tools ...

Nacha gotcha – phishers impersonate the electronic payments association; Twitter hacked to demonstrate weakness; new iPhone bug not benign like old one; and more.

Improved technology and growing interest in cost cutting have prompted some financial companies to install videoconferencing systems to serve people in the branch, replacing tellers in some cases or providing immediate access to specialists who might be working at another location.

The nation's major private-sector check-image networks have agreed to standardize, by the end of 2010, the way they process payments, the Electronic Check Clearing House Organization, or Eccho, said last week.

The U.K. financial technology vendor Misys PLC has agreed to offer mobile banking software from ClairMail Inc. to its customers in Europe, Asia, the Middle East and Africa.

At least five partnerships were announced this week aimed at making mobile banking more widely available and more useful, and though payments executives say usage is not widespread now, they expect adoption to soar in the next year.

BOSTON — Aside from the nose-bleed bonuses from the likes of Goldman Sachs, most of the banking industry should expect a long, slow return to anything like normal times.

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Fiserv Inc. said that starting Nov. 9 it will support Internet PIN debit transactions on its Accel/Exchange network.

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Two mobile payments companies have linked phone numbers to cards, moves that could enable issuers to lengthen their reach in the social media and online gaming markets.

The financial information company Markit Group Ltd. announced an agreement Friday with Depository Trust and Clearing Corp. to provide electronic processing of syndicated loans.