Bank technology

Canada's expected shift to the EMV Integrated Circuit Card Specifications could lead to a surge in demand for pay-at-the-table terminals from restaurants, according to Ingenico SA.

Hoping to make personal financial management software an easier sell to banks, vendors are touting a smaller-is-better approach.

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The compliance technology vendor Continuity Engine LLC is enlisting other companies to help it streamline and automate the tasks it handles for community banks that must satisfy regulators.

Google forced to shut down email account when bank accidentally sends personal data; a "money mule" recounts scamming experience; hackers going to school; and more.

Cloud computing will unburden today's overcommitted, understaffed in-house IT resources, who currently must evaluate, select, learn, install, integrate, manage and update the tech infrastructure.

Citigroup Inc. has formed a venture with Microsoft Corp. to compete with Mint Software Inc., the personal-finance Web site that Intuit Inc. has agreed to buy for $170 million.

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The financial technology company Fiserv Inc. announced Monday that it has agreed to sell its Loan Fulfillment Solutions unit to ISGN Corp. of Bensalem, Pa.

The online billing specialist Internet Payment Exchange announced an alliance Monday with Accelerated Revenue Management Inc. of Ventura, Calif., which does business as ARM Solutions, to offer "soft collection capabilities" on late payments.

With wire fraud increasing, banks are using a new generation of real-time antifraud applications to stem their losses.

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State Bank of India has purchased 1,000 automated teller machines from Wincor Nixdorf AG.

The London prepaid voucher company, which is more commonly known as Ukash, will begin offering its services in Ontario this week, and expects them to eventually be available throughout the country.

Metavante Technologies will be dropped from the S&P MidCap 400 index after the close of trading Thursday, when its acquisition by Fidelity National Information Services is expected to be completed.

Mobile phone payments have just been given an espresso shot, with the endorsement of Starbucks Corp., the first company to use a bar-code payments system from mFoundry Inc.

Mobile phone payments have just been given an espresso shot, with the endorsement of Starbucks, the first company to use a bar-code payments system from mFoundry.

Hungary's antitrust regulator has fined the local units of Visa Inc. and MasterCard Inc., as well as OTP Bank Nyrt. and six other lenders there, saying they colluded on fees charged to credit card customers.

Wells Fargo introduced a mobile phone customer-to-customer payment service Thursday that enables one Wells Fargo customer to transfer money to another.

Banks make more money when consumers know where their money is going. Quite a lot of money, actually, according to Intuit, which dominates the market personal financial management software.