Bank technology

While rent represents the biggest expense each month for many consumers, the payments rarely are reported to credit bureaus, meaning they don't help people improve their credit scores.

Philip W. Tomlinson, CEO of Total Systems Services (TSYS), will retire on July 31. He will be succeeded by M. Troy Woods, the company's president and COO.

The prepaid phone carrier, which is teaming with a mobile banking startup called Wipit, believes that its large retail footprint in low-income neighborhoods offers an opportunity to challenge check cashers and prepaid card issuers.

The ATM industry has spent an estimated $5.5 billion over the past decade and will have to foot several billion dollars more in operational costs every year according to a new report from the ATM Industry Association.

Warnings about the Svpeng malware that targets cellphones are proving to be unwarranted panic, skeptics say. Others argue that it is too early to ignore this powerful new strain of mobile malware that has stolen the financial data of customers elsewhere in the world.

Green Dot (GDOT) has hired former American Express (AXP) executive Thien Truong as senior vice president of business development and sales.

Under-35 consumers find more value in retailers’ loyalty programs than they do deposit accounts, and it’s up to banks to figure out how to capitalize on that transaction-first mindset.

Banks that want in on the digital revolution need good partners and plenty of pilots.

United Security Bank in Fresno, Calif., has agreed to pay $350,000 to compensate TRC Operating Company for losses suffered from a cybertheft attack.

As the four-star general in charge of U.S. digital defenses, Keith Alexander warned repeatedly that the financial industry was among the likely targets of a major attack. Now he's selling the message directly to the banks.

Banks are slowly testing new ways to advertise products through mobile banking apps — a channel that tends to get more interactions than others, including the branch.

A look at the core transformation journey undertaken by SafeAmerica Credit Union — from due diligence to discovery to implementation and roll out.

PNC first tested one of the small, temporary branches loaded with technology in Atlanta, and Georgia chief Eddie Meyers wants to bring to bring back more as part of a diverse branching strategy that balances personal service and efficiency.

KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, led a $3.5 billion private placement for First Data Corp. to help the payment processor it acquired in 2007 repay debt and strengthen its balance sheet.

Financial Services Roundtable CEO Tim Pawlenty discusses how banks can better sell themselves to new, young professionals, and how financial services firms are going to increasingly resemble technology companies.

With the need for on-site tellers diminishing as foot traffic declines, the Atlanta bank sees the video terminals as a way to reduce staffing costs while continuing to provide face-to-face service when it's needed.

Allpoint, the global surcharge-free ATM network operated by Cardtronics, will begin to accept check and cash deposits at more than 2,500 U.S. locations by the end of 2014.

Once heavy on grey type, Bank of North Carolina's reports are now dotted with colorful graphs, charts and heat maps so that busy senior executives and board members can quickly assess things like loan data and branch profitability and keep better tabs on the integration of acquired banks.

Mississippi Attorney General Jim Hood's office sued credit reporting giant Experian Information Solutions, alleging errors in the company's data and regular violations of consumer protection laws.

Television financial advisor Suze Orman's prepaid debit card will be discontinued, according to a report in the New York Times.