Bank technology

The Receivables Exchange LLC announced Tuesday that it has integrated its proprietary receivables trading platform with the Ariba Network platform operated by Ariba Inc. of Sunnyvale, Calif.

The global financial cooperative Swift announced Tuesday that Union Credit Bank in Miami is using its Alliance Lite service to connect to SwiftNet.

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After years of evaluating a wide range of mobile banking applications separately, Citigroup Inc. is starting to link the pieces together.

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Increased use of antifraud procedures has helped e-commerce merchants reduce the amount of revenue lost to fraud to $3.3 billion this year, an 18% decrease from $4 billion in 2008, according to a CyberSource Corp. survey.

Count Ingenico SA among those that believe that mobile devices and payments will converge.

Chase HSA customers can now transfer funds directly from their checking or savings accounts to their HSA and pay their medical expenses online from their HSA, without writing and mailing checks.

Tio Networks announced Monday that it will offer walk-in expedited bill payment at certain retail stores in metropolitan Atlanta so customers can pay bills from Georgia Power Co.

The type of tailored advertising found at high-traffic Web sites such as Google and Facebook is coming to television. Its proponents say addressable television advertising, which uses financial and cable company data to generate targeted TV commercials, can give banks and other advertisers more bang for the marketing buck.

The online personal financial management software provider Wesabe Inc. has introduced a dedicated Web site for banks interested in using its technology.

Banks in the U.K. are battling fraudsters who have found a way to compromise out-of-band authentication — widely considered one of the strongest security formats.

Banks in the United Kingdom are battling fraudsters who have found a way to compromise out-of-band authentication — widely considered one of the strongest security formats.

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Another week, another iPhone worm — and this one ups the ante; financial breach letters not doing job intended; 80,000 postcards go out with SSNs on them; and more.

The Dutch smart card maker Gemalto NV is negotiating to buy the banking operations of Xiring, a French security technology vendor.

PayPal Inc. has agreed to work with Australia's financial crimes regulator after the agency found it was not compliant with the country's reporting standards for preventing money laundering.

First National Merchant Solutions, an Omaha payment processor, is offering American Express Co. acceptance to smaller merchants using the Amex OnePoint program.

Intuit Inc. said last week that its recent financial services acquisitions have been critical to its revenue growth this year.

Mobile Money Ventures LLC, a joint venture of Citigroup Inc. and the South Korean wireless carrier SK Telecom Co. Ltd., has agreed to resell a person-to-person payment system from the Toronto technology vendor CPNI Inc.