Bank technology

A Las Vegas company called Paragon Dynamix LLC has developed a system that can help people build a credit history by reporting recurring monthly payments initiated with general-purpose reloadable cards to the three major credit bureaus.

Hancock Fabric Inc., a fabric and sewing store chain based in Baldwyn, Miss., has upgraded all of its VeriFone Holdings Inc. payment terminals after a recent security breach.

The processor ACH Federal LLC of Chattanooga, Tenn., said it will provide services to New England Bank of Enfield, Conn.

First National Bank in Johannesburg has announced an alliance with PayPal Inc. to make it easier to use the eBay Inc. unit's system in South Africa.

Fidelity National Information Services Inc. said it has signed six customers this year for its Horizon core banking platform.

CashEdge Inc. announced that the Seattle credit union BECU is offering the New York vendor's person-to-person payment service to its members.

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Fiserv Inc. said SunTrust Banks Inc. will use its Mobile Money technology for mobile account access.

China has surpassed Japan to become the world's second-largest market for automated teller machines, according to Retail Banking Research.

The Federal Reserve Board has issued a set of final rules regarding the fees that prepaid card companies can impose for certain prepaid products.

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Wells Fargo & Co. is offering a text-message antifraud service from Visa Inc. that Visa says can also help people manage their finances.

Russia to make it more difficult to register a .ru domain; TJX breach mastermind was also paid for work as an informant; juror removed from case after identity theft suspected; and more.

Lower profitability levels aren't likely to encourage many banks to increase investment in the innovative solutions that are essential to be competitive down the road.

Small merchants have found that using a mobile payments system from Bling Nation is a good good way to boost revenue — and local banks have seen the benefit in increased deposits.

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American Express Co. is promoting use of its cards for everyday purchases through a campaign running in several major U.S. cities as well as Canada, the U.K. and Australia.

The French terminal maker Ingenico SA, aiming to boost revenues after they fell last year, is expanding its managed services operations in North America.

The Louisiana Credit Union League has agreed to offer its members access to the surcharge-free automated teller machine network operated by Co-op Financial Services.

The mobile version of Arkansas.gov allows payments for three categories the state has categorized as "high volume": deposits to inmate trust accounts; payments for probation, parole supervision, and restitution; and property tax payments.