Bank technology

Consumers are making more online purchases during the holiday season this year, but are spending less than last year, according to Chase Paymentech Solutions LLC.

BC Card, South Korea's largest credit card issuer, is planning to use servers from International Business Machines Corp. to handle its payment systems.

Coinstar Inc. has expanded its money transfer services into Poland through a deal with Pocztowy Bank.

The Atlanta unit of Kohlberg Kravis Roberts & Co. is developing a network of 1,250 automated teller machines that Turk Ekonomi Bankasi-BNP Paribas will deploy at retail locations and other sites around the country over the next three years.

The private-equity company Navigation Capital Partners has acquired West Suburban Bancorp Inc.'s Prepaid Solutions USA unit in a move into the rapidly growing prepaid payments market.

Cybercrime is becoming more dangerous; Exposed printed data account for increase in data breaches; and more.

Automated collections have emerged as an important growth opportunity for the banking vendor Online Resources Corp., but the long-term gains may not come fast enough to satisfy a dissident shareholder who is taking an increasingly active role in its management.

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ISGN Solutions, a unit of ISGN Corp., announced Monday that it has completed its acquisition of the loan fulfillment services business from the financial technology provider Fiserv Inc.

Banco Bilbao Vizcaya Argentaria SA's experience with personal financial management software bolsters the argument that the technology could be an important new component of online banking sites.

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The House of Representatives has approved the Data Accountability and Trust Act. Under the bill, which was introduced in April by Rep. Bobby L. Rush, D-Ill., the Federal Trade Commission would set regulations requiring for-profit entities under its jurisdiction to monitor electronic data and notify consumers when a breach occurs.

Obopay Inc. has a new application for Apple Inc.'s iPhone that lets consumers initiate person-to-person payments.

Google Inc.'s brand is so recognizable that if it decides to venture into the lead generation and rate aggregation market, companies like LendingTree LLC could feel a chill.

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The Payments Processing Information Sharing Council, which was formed this year to exchange information about fraud, threats and risk-mitigation practices, has created a volunteer steering committee.

Albert Gonzalez, the Miami man who pleaded guilty in September to charges related to the 2007 data breach at TJX Cos. Inc., pleaded guilty last week to additional charges that he engineered breaches at Heartland Payment Systems Inc., Hannaford Bros. Co., 7-Eleven Inc. and two unnamed retailers.

NCR Corp. has purchased the DVD rental kiosk operator DVDPlay Inc. With the acquisition, which was announced Thursday, NCR will have 3,800 kiosks deployed by yearend.

Permata Bank in Jakarta, one of Indonesia's national banks, has agreed to deploy Hypercom Corp. payment terminals as part of a nationwide rollout of multifunction devices at retail locations.

Microsoft Corp. is pushing into core processing, bringing one of the biggest names in technology deeper into financial services.