Bank technology

S1 Corp. has introduced a mobile banking application for Apple Inc.'s iPhone that its financial company clients can offer to their customers.

Tyfone Inc. has received a patent for its system that enables people to use removable memory cards to add payments capabilities to their mobile phones.

Bank of America Corp. has become the top provider of mobile banking services, according to data compiled by the market research company ComScore Inc.

Facing rising printing and postage costs, credit card issuers are taking a tough look at the practice of mailing paper statements to customers every month.

As Federal Housing Administration mortgage originations surge, quality underwriters with experience working on such loans are in hot demand. Some lenders are using technology to gain an edge in recruiting these pros.

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Banks that quickly reimburse customers for funds lost to fraudulent transactions are more likely to retain them, according to a study released by the security software provider ACI Worldwide.

A survey published last week by the Independent Community Bankers of America said 52% of community banks increased their budgets for payments projects from 2007 to 2009, while only 11% cut spending.

A survey published this week by the Independent Community Bankers of America said 52% of community banks increased their budgets for payments projects from 2007 to 2009, while only 11% cut spending.

Jack Henry & Associates Inc. says it processed more than 23 million remote deposit-capture transactions in July and August, an internal record.

A fledgling standards group, the Banking Industry Architecture Network, is working with the global financial cooperative Swift to develop an interoperable form of service-oriented architecture, or SOA.

The Image Industry Interoperability Group has announced that the Federal Reserve Banks this week started a Check 21 Duplicate Notification Service for financial companies using its FedMail service.

The payments software vendor Goldleaf Financial Solutions Inc. announced Thursday that the Nasdaq Stock Market Inc. has warned it to raise its stock price.

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Mobile banking is moving into the mainstream and is changing the way consumers manage their finances, according to a report released from Javelin Strategy and Research.

VeriFone Holdings Inc. has created a new business unit focused on payments security.

Banking technology executives have been promoting for years an advanced systems-design format that they say offers a wide range of advantages but has been used mainly for small, discrete projects.

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Security experts warn businessess of the Clampi banking Trojan; a bogus ad on The New York Times Web site infects readers' computers; A Maine heating oil firm gets burned by a phishing scam.

Intuit Inc. and Mint Software Inc. both appear to have struggled to generate revenue from online personal financial management software. Teaming up might help them succeed in a market where neither could thrive alone.