Bank technology

Better security deployed by the card processors, the banks and the ATM operators could have detected and thwarted the complex scheme in which millions were stolen from two Middle Eastern banks.

Though large banks have mostly been the targets of criminals so far, smaller banks are not immune to online threats.

Sainsbury's Bank announced it will outsource its retail banking operations to FIS as it becomes a wholly owned bank in the coming months.

After 18 months, One PacificCoast pulled the plug on a money-losing lending program it hoped would compete with payday lenders.

The ideal of responsive design, in which one set of web pages displays perfectly on any device, has yet to be realized, some observers feel.

A sophisticated cyber-scheme that involved tens of thousands of coordinated withdrawals at ATMs around the world resulted in millions of dollars being stolen in a matter of hours.

New POS schemes bring uncertainties. Merchants need partners who can help them scale their solutions while growing sales and increasing customers.

The unit of the $355 billion-asset U.S. Bancorp (USB) said Thursday that Harley Marine, a transportation company based in Seattle, will use On-Site Electronic Deposit Mobile to deposit checks remotely.

New research from Synergistics points out the unintended consequences of branch closures.

Service meant to help companies avoid the "shadow IT" problem.

New research suggests that consumers are becoming more comfortable using mobile devices for their financial services' needs.

Banking technology firm SunGard has rolled out an ATM and card reconciliation system.

It’s the first financial services firm to deploy passive voice biometrics as the primary way of authenticating wealth management customers who call in, according to vendor Nuance Communications.

Which financial institutions "get" LinkedIn? Jennifer Grazel, the social media network's global head of category development for financial services, offers up several examples.

A new bill proposed in the Senate, the Deter Cyber Theft Act, is meant to help prevent nation-states from stealing U.S. business secrets.

Payments processor Elavon has named Simon Haslam its chief executive officer. Haslam had been the head of international markets for the U.S. Bancorp unit.

So far, threats by Anonymous to shut down U.S. banks with distributed denial of service attacks this week has turned out to be idle.

The majority — 66% — of small business owners use mobile devices in their work, according to a survey conducted by Constant Contact.

Mauch Chunk Trust Company in Jim Thorpe, Pa., has renewed its contract with First Data.

Developers should consider incorporating rewards and other tools such as receipt tracking in new mobile payment applications to promote broad adoption.