Fintech

While applications that let consumers deposit checks via mobile phone are all the rage, some banks are finally getting around to upgrading remote deposit technology for its original audience: businesses.

Jeroo Inc. said it is testing a mobile payment technology called Scan&Ship Enterprise.

Citing increased consumer spending and improving economic conditions, Bank of America Corp.’s Global Card Services unit posted a sharp profit-increase during the first quarter ended March 31.

Citing increased consumer spending and improving economic conditions, Bank of America Corp.’s Global Card Services unit posted a sharp profit-increase during the first quarter ended March 31.

Contactless ATMs, which promise to provide faster access to cash and other transactions, are getting one of their first substantial rollouts in Spain.

Diamond Bank PLC and Qatar Airways Ltd. have entered into a partnership designed to increase use of the bank’s payment cards, the Nigeria-based bank announced April 13.

Minnesota’s TCF Bank filed a an expedited appeal request April 14 with the U.S. Court of Appeals for the Eighth Circuit asking the court to overturn a lower court’s ruling and to block the Federal Reserve’s pending implementation of the Durbin amendment’s debit fee caps.

Two teenagers were arrested and charged with safecracking in connection with last week’s failed attempts to break into ATMs at South Carolina FCU and Suntrust Bank using a blow torch.

WASHINGTON – A major technology group comprised of some of the biggest corporations shifted its position on the proposed delay in debit rules a week after expressing support for the delay.

SIOUX FALLS, S.D. – Minnesota’s TCF Bank filed a an expedited appeal request yesterday with the U.S. Court of Appeals for the Eighth Circuit asking the court to overturn a lower court’s ruling and to block the Federal Reserve’s pending implementation of the Durbin amendment’s debit fee caps.