Bank technology

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.

Cardtronics Inc.'s return to profitability is making it harder for the automated teller machine operator to find a chief executive to its liking.

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First National Bank of Florida in Milton has agreed to use core banking technology from Jack Henry & Associates, again.

Tesco, the U.K.'s largest retailer, has agreed to use a core banking application from Fiserv Inc. in its retail banking unit.

Smart safes, offering merchants deposit credit for cash that has not even left the store, are helping banks crack new markets.

Smart safes, offering merchants deposit credit for cash that has not even left the store, are helping banks crack new markets.

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Northern Trust Corp. plans to introduce a mobile banking application next year for institutional money managers and their clients.

Servicing is where the action — and government money — has gravitated. "It's a critical mass that gets IBM's attention," says a former insider.