Technology

Delivering the perfect marketing pitch via mobile or Web at the point of sale is one of the primary upselling goals of mobile banking, one which requires sales pitches and marketing campaigns to be delivered faster, and with more user-appropriate content.

Payments companies in the United Kingdom are beating card fraud on some fronts, but those victories could have a hidden cost.

The nation’s three largest issuers may not be giving much slack on credit card lines, but some midsize lenders are.

Mark Hurd, president of Oracle Corp., recently told a group of financial services executives an anecdote about a large bank customer that required 9,000 applications to keep its old core system running.

In a strained economy, with increased regulation and heightened financial pressure from shareholders, banks are examining more deeply their financial supply chain offerings and increasing the use of automated, electronic payments for corporate transactions.

First Data Corp. is entering the fray of technology vendors offering merchants and retail banks the ability to issue digital deals.

LifeLock Inc. is betting that its acquisition of ID Analytics Inc., which closed March 14, will help it better market its services to retail banks.

United Kingdom-based payment processor Streamline has added more speed to its service through new gateway software for its customers.

A new product from vendor Norse Corp. hopes to choke off online card fraud before it becomes a transaction–and before competing services from the card networks can kick in.

More consumers are using smartphones to pay bills and conduct other financial transactions, but a good portion worried about security are staying away, suggests a March 14 Federal Reserve Board study of mobile banking and mobile payments.