Technology

Recognizing that younger consumers are not as tied to their personal computers because of smartphones, Conestoga Bank of Chester Springs, Pa., is integrating mobile banking directly to its core system.

Catalyst Corporate Federal Credit Union filed a preemptive lawsuit in federal court April 19 against a local patent troll that has threatened to sue the $4 billion corporate credit union on behalf of an anonymous patent holder for patent infringement on electronic processing technologies.

Citing a number of “unusual items” in Fifth Third Bancorp’s first-quarter earnings report, Dan Poston, the bank’s chief financial officer, assured industry analysts the quarter was “not as noisy as it might seem.”

Debit card interchange-rate reductions that took effect Oct. 1 triggered a big reduction in Fifth Third Bancorp’s first-quarter card and processing revenue compared with the same period last year, the company reported April 19.

Most loan types through March saw decreases in default rates for the third consecutive month, according to S&P/Experian Consumer Credit Default Indices released Thursday. The bank card category was a notable exception to the drops.

As a collaborative standards-setting body, the Payment Card Industry Security Standards Council isn’t the sort of entity that generally attracts sharp dramatic criticism, particularly when it is over a rule that’s more than two years old.

SignatureLink has entered a deal with Magento to allow its antifraud technology to work with Magento's e-commerce system, SignatureLink announced April 17.

If tollway drivers can pay for tolls with an in-vehicle device, why can’t those drivers do the same when parking?

Even USAA Federal Savings Bank, one of the most aggressive in its use of technology, is treading carefully in social media and mobile, where the slightest privacy SNAFU can spark a major outcry.

Google Inc. faced some resistance in putting Google Wallet on the Galaxy Nexus phone when the Android smartphone model launched with other carriers, but Sprint says it will support the nascent mobile payment system from day one.