Bank technology

Customers used a remote capture service developed for Apple Inc.'s iPhone to deposit $1.5 million into their accounts in the first three days after USAA Federal Savings Bank introduced it.

Small merchants look primarily to their banks, acquirers and merchant service providers for information about complying with the Payment Card Industry data security standards, according to a report released last week by ControlScan Inc., the National Retail Federation and PCI Knowledge Base LLC.

Facing increased pressure to improve their data security, a growing number of small and midsize banks are looking for outside help.

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NCR Corp. has agreed to resell document scanners from Document Capture Technologies Inc. that are used for remote deposit capture services.

Jack Henry & Associates expects its deal for Goldleaf Financial Solutions to contribute 2 to 4 cents per share to its earnings in fiscal 2010 and twice as much the next year, executives said Wednesday.

ProPay Inc. of Lehi, Utah, is offering very small merchants a portable credit card acceptance device that includes encryption capabilities, a feature that is rarely used today even at the biggest retailers.

Secret Service informant may be a serial offender; foreign social security numbers creating problems for U.S.; and more.

Bankers and their corporate clients are gearing up to redefine the standard for cash management reporting. Accredited Standards Committee X9 is to hold a conference call with several financial companies and corporations to discuss cash management standards.

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Innovative Card Technologies Inc. said that the second quarter was the first time it has tallied revenue of more than $1 million, though it still reported a loss.

First Southern Bancorp Inc. in Boca Raton, Fla., is using Heartland Payment Systems Inc.'s check processing platform, Heartland Check Management, to do remote deposit capture for business clients, the processor said Monday.

First Data Corp. has begun selling a portable and wireless point-of-sale terminal for mobile merchants.

Edo Interactive Inc.'s prepaid card platform is being used by prepaid card provider Aentra LLC of Miami for a series of gift cards.

Doing just one thing well is no longer good enough for payments processors serving community banks. That was the thinking behind Jack Henry & Associates Inc.'s deal to buy Goldleaf Financial Solutions Inc.

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The mortgage technology firm FNC Inc. in Oxford, Miss., has entered a three-year agreement with U.S. Bancorp's Elavon merchant acquiring unit aimed at helping FNC's loan-originating customers comply with new requirements imposed earlier this year by Fannie Mae and Freddie Mac.

First Data Corp. expects its new joint venture with Bank of America Corp. to contribute $300 million to its revenue in the second half of this year and $700 million in 2010, Michael D. Capellas, its chairman and chief executive officer, said Friday.

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The U.K. automated teller machine network Link is permitting people with China UnionPay credit and debit cards to make withdrawals.