Bank technology

Visa Europe said it is testing a service that sends cardholders text messages notifying them of purchases made with debit, credit and prepaid cards.

The Payment Card Industry Security Standards Council has issued guidelines for applying its protocols to wireless technology.

Unisys has rolled out an intelligent safe product that allows banks' business customers to receive instant credits when cash is deposited into the devices.

Goldleaf Financial Solutions Inc. announced that Slidell, La., has licensed its Merchant Remit image-lockbox system to process municipal payments.

Metavante Technologies Inc. and the Swiss software company Temenos Group are terminating their core banking technology partnership.

Viruses hitting mobile phones via text messaging; spike in fraud aimed at business accounts; hackers exploit Twitter vulnerability ...

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Revenue from Western Union Co.'s consumer remittance business fell in the second quarter as the company stepped up its efforts to form more bank partnerships.

Mobile Banking Performance

The financial technology company Fiserv Inc. announced an expansion of its lockbox network Monday, opening a fifth remittance processing center, in Dallas.

Mobile banking adoption tripled in a year, to 21% of consumers, among America's youngest adults, according to a survey that Mercatus is expected to release today.

Viewpointe LLC has extended its services contract with International Business Machines Corp. for an additional five years.

Euronet Worldwide Inc.'s decision to rebrand its PaySpot Inc. unit is part of a push to develop an international bill-payment and remittance system.

Western Union Co. is expected to announce today that Fifth Third Bancorp has agreed to offer its money transfer services at the Cincinnati banking company's more than 1,300 branches.

MasterCard Inc. has developed an application that enables users of Apple Inc.'s iPhone to locate nearby stores and attractions recommended by other consumers.

As banks continue to push corporate clients to handle payments electronically, they are showing less interest in processing paper checks and invoices at lockbox facilities.

After an acquisition, banks typically spend many months linking their systems, but when a failing financial company is purchased the buyer often has to integrate the new unit much faster.

Euronet Worldwide Inc. said Thursday it has rebranded its prepaid payments division, which has operated worldwide under six names, with a single one: epay.

First Data Corp. announced Thursday that it has signed a merchant services agreement with Real, a big-box retailer in Poland that is part of the German retail group Metro AG.

To Coinstar Inc., the future of international remittances is all about automation — hopefully involving big, green machines.