Bank technology

  • Two mobile payments companies have linked phone numbers to cards, moves that could enable issuers to lengthen their reach in the social media and online gaming markets.

    October 30
  • An unexpectedly high number of cash withdrawals made with payroll cards at its Allpoint automated teller machines drove Cardtronics Inc. into the black in the third quarter.

    October 30
  • The financial information company Markit Group Ltd. announced an agreement Friday with Depository Trust and Clearing Corp. to provide electronic processing of syndicated loans.

    October 30
  • NCR Corp. is back in the manufacturing business. The automated teller machine company said Thursday that it has opened a manufacturing plant in Columbus, Ga., as part of its new headquarters campus; it announced in June plans to move from Dayton, Ohio, and open a plant.

    October 29
  • Relatively few small merchants comply with the Payment Card Industry data security standards, and many are unaware the standards even exist, according to security executives.

    October 29
  • The online banking technology provider Online Resources Corp. moved into the black in the third quarter, despite a decline in revenue because of weak transaction volume.

    October 29
  • Some recent, high-profile examples have shown that it is relatively easy for banks to send out messages to the whole world. What is unclear, however, is how effective these messages are: Do they lead to a series of useful interactions or just create more online noise? Executives say that narrowly focused services may be more effective at reaching specific customer groups.

    October 29
  • With new value-rich products, including incentive checking and rewards programs, banks can successfully and quickly reinvent their revenue streams and expand revenue and market share.

    October 29
  • The words were slipped into Tata Consultancy Services' most recent earnings report, in June, like dressing on a salad but still drew a lot of attention from investors desperate for any sign ...

    October 28
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  • First Data Corp. has become a do-it-yourself company in the past year, shedding an acquisitive culture while expanding into new markets.

    October 28
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  • Spun off from Synovus Financial on the last day of 2007, TSYS entered 2008 with much more control over its costs and a newfound ability to make its own decisions about acquisitions.

    October 28
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  • It is safe to say that Metavante Technologies Inc., a stalwart of the FinTech 100 since the list's inception in 2004, will not be making a return appearance in 2010.

    October 28
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  • Lender Processing Services has positioned itself as a mortgage technology and service provider for all weather, yet in its first year as an independent company it's proven to be ...

    October 28
  • Jeffery W. Yabuki says he's glad to be where he is. 'We are happy we began three years ago in reshaping the company,' said Yabuki, who joined Fiserv in November 2005 as its president and CEO.

    October 28
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  • Banking executives have their hands firmly wrapped around their wallets when it comes to IT purchases. To hear Cristobal Conde tell it, the office door's pretty tough to pry open as well.

    October 28
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  • Fidelity National Information Services Inc.'s nearly $3 billion deal to buy Metavante, and vault itself over market-share rival Fiserv, is arguably the most important financial technology deal of the decade.

    October 28
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  • Diebold Inc. had two major goals for 2008: forge ahead with deploying new technology and make amends with the Securities and Exchange Commission over its accounting practices.

    October 28
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  • NCR Corp. kicked off 2008 with the strongest sales in its lengthy history, in part the result of an ongoing transformation plan.

    October 28
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