Technology

In the latest phase of the transformation of its digital retail delivery strategy, Huntington Bank on Nov. 2 rolled out an iPad app that enables customers to view their accounts and account histories, pay bills, transfer funds, and locate ATMs and branches.

The Labor Department reported Friday that the unemployment rate fell to 9% from 9.1% - the first time it has dropped since July. The U.S. economy also added 80,000 jobs in October, the government said.

Wright Express Corp. is reaping the benefits of continued growth in Expedia transaction volume.

In maneuvers that could boost the future outlook of mobile banking and payments, Monitise PLC has received an investment from partner Visa Europe and has strengthened its U.S. operations by acquiring Monitise Americas shares owned by bank technology provider Fidelity National Information Services Inc., or FIS, the London-based mobile payments provider announced Oct. 31.

A glimpse of what some say represents the future of payments has arrived, but thus far only in certain geographic areas. With the Card Case smartphone application from Square Inc., consumers pay simply by saying their names at the point of sale.

LAS VEGAS–Mobile-wallet providers Google Inc. and Isis continue to position their products as more than just payments vehicles to replace plastic cards.

Fundtech Ltd.’s shareholders approved the acquisition of the company by Chicago-based private equity partners GTCR at $23.33 a share, or $390 million.

Bank technology provider Fiserv Inc. has positioned itself for a wave of growth in electronic payments.

Income growth may be stagnant and consumer confidence weak, but spending has been “surprisingly resilient” and has helped fuel modest revenue increases for First Data Corp., executives told industry analysts Nov. 2 while discussing third-quarter earnings.

MasterCard Worldwide will offer special incentives to certain merchants to offset the effects of new Federal Reserve Board rules requiring debit cards to carry at least two card-network brands in contrast to Visa’s plan to offer broad merchant incentives, Ajay Banga, MasterCard chairman and CEO, told analysts Nov. 2.