Bank technology

The introduction of a new $100 bill is still five months away, but it's not too soon for banks and ATM manufacturers to begin preparing for its rollout.

Updates to DeviceAnywhere Enterprise are designed to simplify the mobile testing process.

Fidelity National Financial dominates mortgage underwriting. Its former LPS unit is the top mortgage servicer. The question is whether two companies that have run out of room to grow separately can prosper together.

Technology and compliance firm Compushare has released software meant to improve the security of mobile devices.

Centier Bank in Whiting, Ind., has begun using a card-issuance system from EFT Source, a provider of turnkey card programs.

Online lenders threaten to seize dominant control of the market for small loans to small business.

The average bank is still on the fence about what — if any — personal finance management features they should add to their smartphone apps. All agree, however, that what works on websites needs to be modified for mobile apps.

The death of branches appears to be greatly exaggerated, but they are changing. American Banker editors discuss how two banks that are leading the way, Wells Fargo and Umpqua, are downsizing and rejiggering their bricks and mortar presence.

Mortgage processor Lender Processing Services is reportedly in talks to be acquired by title insurer Fidelity National Financial and private equity firm Thomas H. Lee Partners in a $2.9 billion deal.

MainStreet Bank (MNSB) in Fairfax, Va., is offering Oklahoma banks serving communities affected by this week’s tornadoes access to a service that makes it easier to accept donations.

Wells Fargo has begun issuing WellsOne commercial cards that comply with Europay, MasterCard and Visa, or EMV, specifications, and include an embedded microprocessor chip along with a traditional magnetic stripe, it said Wednesday.

eBay Inc. said PayPal will be available in 2 million retail stores this year as it takes on Square Inc. and Intuit Inc. in the market for mobile payments.

Attendees at the Bitcoin2013 conference were excited about the technology's potential to disrupt the payments business – specifically micropayments, international remittances and charitable giving.

A growing number of community banks are hiring consultants to negotiate core processing and IT-service contracts, which are typically among a bank's biggest expenses.

As digital transactions increase, branch transaction volumes continue their year-over-year declines, according to a new study published by FMSI.

Observers have suggested that if EMV or chip-and-PIN cards were required throughout the U.S., a recent $45 million fraud that involved some U.S. ATMs would have been prevented. A closer look at the incident suggests this may not be so.

NCR Corporation has installed the first ATM in the country that complies with the so-called Europay, MasterCard and Visa, or EMV, standard, which is intended to reduce fraud.

Financial software firm Akcelerant has updated its loan-origination technology.

Analytics firm Xenomorph is bringing its data-management program TimeScape — which financial firms can use for trading, risk management, information technologies and back-office functions — to Microsoft's cloud platform, Windows Azure.

The tech company's new services represent a virtual slap in the face for the likes of banks and PayPal. If added to Google Glass, they potentially represent a knockout punch.