Technology

Fifth Third Bancorp and U.S. Bancorp say they will delicately approach expenses in 2015 — or at least until rates rise. They are investing where they must, but pinching where they can, and trying to manage expectations on loan growth.

There are less than 300 days left until the liability shift for US credit and debit card payments occurs, but it appears that consumers and their credit and debit card issuers are not exactly on the same page when it comes to the sense of urgency around making EMV-enabled payment technology a reality.

Across the world, startups are using digital delivery to challenge companies like Western Union and MoneyGram, a battle that in recent months has become increasingly heated.

One of the most challenging IT issues is proving ROI, establishing that a specific technology rollout had a measurable impact on business goals. But Tesco is making a powerful case for proving the ROI of 3-D technology its apparel e-commerce business used to achieve a 24% plunge in online returns.

In a State of the Union address declaring that “the shadow of crisis has passed,” President Obama said he will veto efforts to roll back financial reforms further while he reiterated support for a bill addressing cyber threats.

Two defendants in an alleged identity theft ring that targeted banks in New York City and Westchester County have pleaded guilty.

Online money transfer service WorldRemit has signed a partnership with a telco that serves Africa, Asia and the Middle East to enable its customers to send money to mobile wallet users in those regions.

Ingenico Group, a French maker of payment terminals, has completed its acquisition of Roam.

Digital payments company ACI Worldwide has begun offering bill pay services on ATMs and kiosks sold by LD Systems.

Western Union has expanded its retail presence in Europe through a partnership with the international remittance service UAE Exchange.