Bank technology

Park Sterling Bank in Charlotte is battling to retrieve hundreds of thousands of dollars it refunded to a commercial customer who was defrauded by cyber thieves.

Forcing traders to strap computers on their heads may sound extreme, but consider the current threat. Saving billions from trading losses might take the sting out of the loss of privacy.

Midwest BankCentre in Lemay, Mo., has warned its customers of a security breach, possibly involving its third-party vendors.

Fiserv, a fintech company, said Tuesday the combination gives users a unified view of borrowers' accounts and repayment risks and eliminates duplication between systems.

Even though prepaid cards are already widely considered a product for the underbanked, usage patterns are showing more clearly just how different prepaid card users are from bank customers.

Identifying the top female executives whose work is directing the future of payments.

Banks can't afford to let alternative mobile payment providers walk off with their customers.

The Federal Trade Commission has released an online video to aid victims of identity theft.

The payments industry has spent years convincing itself of a digital wallet future that seems inevitable, but the end game is undeniably far off.

Banks are offering the ability to manage card accounts by mobile device, providing a glide path to the digital wallet.

Which executives are shaping the evolving U.S. payments industry? PaymentsSource and Bank Technology News editors chose the women who are taking the lead as the payments world girds for a mobile future.

Computer Service Professionals, Inc. has integrated its online banking software with Allied Payment Network's bill payment software.

3VR has upped the capabilities of a system the company says speeds analysis of security video.

HSBC (HBC) is switching to information technology configuration software from Adaptiva called OneSite across the organization worldwide.

Part of the idea is to generate buzz. But market research is also driving the pay-what-you-want strategy, chief executive officer Steve Streit says in an interview.

Misys has upgraded its commercial lending software, Loan IQ.

The decision to charge for depositing a check via smartphone or tablet is likely to attract attention from other banks that now give away the service.

Disruptions like Bitcoin can cause massive value destruction and massive value creation.

Look beyond the hype about the price of this digital currency. Because Bitcoin's not just a currency, it's also a payment system, and as such a budding challenger to PayPal, Western Union, Visa, MasterCard, and perhaps banks themselves. Whether the currency is a pot of gold or fool's gold is beside the point, argues Executive Editor Marc Hochstein. The real potential of this technology is as a set of pipes for transmitting value.

A Missouri court has found that a bank provided the right security to prevent wire transfer fraud, and the customer who declined to use it must eat the loss.