Bank technology

Banks are not legally liable for fraud losses on business accounts, but some security vendors are focusing more attention there anyway.

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Consumers who have experienced card fraud are generally pleased with their issuers' responses, according to Auriemma Consulting Group.

Nautilus Hyosung America Inc. has developed an automated teller machine that also sells lottery tickets.

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CashEdge Inc. has begun offering a version of account aggregation that it says is simpler to deploy with complex financial software.

Guardian Analytics Inc. announced a new online fraud detection system meant to combat the techniques used against businesses.

A steady drumbeat of acquisitions and partnerships at International Business Machines Corp. in the past year has been aimed at positioning the company to win more banking business.

U.S. banks may be dropping their resistance to one of the world's fastest-growing payment card security formats, despite the prospect of increased costs.

U.S. banks may be dropping their resistance to one of the world's fastest-growing payment card security formats, despite the prospect of increased costs.

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Banks and online payment companies are moving more functions to their main Web pages and limiting the amount of navigation needed to access bill presentment, information and payment features.

Researchers have chipped away at chip-and-PIN authentication; new Spy Eye bug more aggressive than Zeus rival; lawsuit over Comerica's security practices; and more.

Visa Inc.'s plan to add mobile phone payments capabilities to handsets that are available now could provide a shot in the arm for contactless payment.

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For the third consecutive month, the Credit Managers' Index is signaling that the recession is over and the economy is expanding, according to a report issued last week by the National Association of Credit Management.

Monitise Americas LLC is planning to introduce a version of its Mobile Money application for phones that use Google Inc.'s Android operating system.

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ClairMail Inc. of Novato, Calif., said its mobile banking software had been accepted into Jack Henry & Associates Inc.'s vendor integration program.

Mocapay Inc. said Tuesday that Micros Retail Systems Inc. would use the Boulder, Colo., vendor's technology to add mobile access to Micros loyalty programs.