Bank technology

Jack Henry & Associates made $47.7 million in its fiscal fourth quarter ended June 30, 9% more than a year earlier, as revenues grew in the vendor's transaction processing business.

Mutual fund giant Fidelity Investment's first 'Glassware' app is unlikely to wow many users. But it does signal how the financial services industry is coming to regard wearable computing devices as the next mobile battleground.

First Southern Bank of Boca Raton, Fla., said Tuesday that it is launching remote deposit capture for its business customers.

Diebold announced Tuesday that LGE Community Credit Union of Marietta, Ga., has chosen its technology to revamp its seven branches.

Eric Schneiderman, New York's top law enforcer, filed a suit Monday against three online lenders and their owners, alleging that they violated usury laws by making loans that carry annual interest rates of between 89% and 335%.

Unable to secure additional funding, PerkStreet Financial announced Monday that it is closing its operations on Sept. 26. The Boston startup has been offering people checking accounts that reward customers for their debit card swipes.

Now that vendors have beefed up security and reliability, most large banks around the world plan to spend more on cloud computing services — a big increase from just a year ago.

Fidelity Labs, a unit of Fidelity Investments, announced Monday that it has launched a Market Monitor app for Glass, Google's wearable computer.

JPMorgan Chase on Monday reiterated its support of the Isis mobile wallet, set to roll out later this year. JPMorgan originally said in February 2012 that it was working with Isis, a joint venture of AT&T, T-Mobile and Verizon.

New York's banking regulator issued subpoenoas to about two dozen companies associated with bitcoin as it looks into the virtual-currency industry, the Wall Street Journal reported, citing people familiar with the matter.

Online payday lenders have been tying up with Native American tribes in a bid to exert sovereignty claims as a way around interest rate caps. This week's move by New York's Benjamin Lawsky reflects regulators' increased focus on shutting down this fast-growing piece of the payday loan market.

A report from mobile strategy company, Xtreme Labs, finds that two mobile apps from RBS Citizens rank higher than any other.

PayPal is sponsoring a hackathon series where mobile app developers have just 24 hours to build an app that will win them a trip to PayPal headquarters to compete for $100,000 at the Battle Hack World Finals.

Technology emerging from a project funded by DARPA would consume little power and be able to analyze data coming in from many sources at once.

Its landing page should make it easy for prospective customers to see where to sign up for an account, research interest rates and apply for a loan or credit card.

TowneBank bought a minority stake in a security firm to help protect its commercial customers and boost revenue.

Twitter, Facebook, and LinkedIn conversations don't come easily to banks. Here's a look at a few common missteps made in financial services.

Both the carrier joint venture and the financial services company said when Isis launches later this year American Express' Serve will work in concert with the telecom group's tap and go payments technology.

Amid a small wave of cloud computing announcements this week, systems integrator CSC is expanding the cloud computing options it offers banks and other companies.

A report from the Ponemon Institute finds the average cost of a data breach is $9.4 million.