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Some recent, high-profile examples have shown that it is relatively easy for banks to send out messages to the whole world. What is unclear, however, is how effective these messages are: Do they lead to a series of useful interactions or just create more online noise? Executives say that narrowly focused services may be more effective at reaching specific customer groups.
October 29 -
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It is safe to say that Metavante Technologies Inc., a stalwart of the FinTech 100 since the list's inception in 2004, will not be making a return appearance in 2010.
October 28 -
Jeffery W. Yabuki says he's glad to be where he is. 'We are happy we began three years ago in reshaping the company,' said Yabuki, who joined Fiserv in November 2005 as its president and CEO.
October 28 -
Fidelity National Information Services Inc.'s nearly $3 billion deal to buy Metavante, and vault itself over market-share rival Fiserv, is arguably the most important financial technology deal of the decade.
October 28 -
Fiserv's debit transactions have climbed sharply this year as consumers shift away from credit cards, and the payments company says its bank customers are issuing more debit cards.
October 28 -
Fiserv Inc. reported Tuesday that its net income grew 47% in the third quarter, to $115 million, though revenue fell 5%, to $992 million, compared to a year earlier.
October 27 -
Fraudsters taking advantage of the weakest links: small and midsize businesses; Virginia v. watchdog website in online protected free speech debate; Nigerian scammers feeling the heat; and more.
October 27 -
Mobile financial services vendor Monitise Americas LLC announced Monday that 50 financial institutions have now signed up for its full-service offering and 100 more have signed up for its text-only service.
October 26 -
The credit bureau TransUnion LLC is using the on-demand Vindicia CashBox service for its online billing management, the vendor, Vindicia Inc. of Redwood City, Calif., announced.
October 26 -
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MasterCard Inc. has introduced in India a virtual prepaid card that can be used with mobile phones.
October 23 -
By acquiring Metavante Technologies Inc. and its extensive roster of small and midsize bank clients, Fidelity National Information Services Inc. has attained what is arguably the best view of the entire banking industry's purchasing power. The view is not very pretty.
October 22 -
Security Service Federal Credit Union simultaneously upgraded 10 applications suites connected to its core account-processing system that interface with more than 65 other major applications, the vendor Fidelity National Information Services Inc. announced Wednesday.
October 21 -
Equifax Inc. announced Wednesday it has reached a definitive agreement to acquire the data analytics company IXI Corp. of McLean, Va., for $124 million in cash.
October 21 -
The credit card company Revolution Money Inc. is turning its attention to the consumer market. The St. Petersburg, Fla., company announced Tuesday that Fifth Third Bancorp has agreed to issue its cards, which require users to enter a PIN to authenticate transactions.
October 20 -
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Decoupled debit cards, which were once viewed as a significant threat to banks' transaction revenue, appear to be fading away.
October 19 -
The outsourcing provider Cognizant Technology Solutions Corp. expects to boost its sales to banks by purchasing the Indian technology operations of UBS AG.
October 16 -
MasterCard Inc. has introduced an interactive financial management tool to help consumers monitor spending on their debit cards.
October 15
