Bank technology

Some financial institutions are blaming new regulations, and the investment burden for IT compliance, for shuttering parts of their businesses.

The EFT network Shazam will let customers check their debit card balances from a phone or tablet.

Among the new products VeriFone launched Monday is an iPad mini version of its PAYware Mobile card acceptor, a similar sleeve for the iPhone 5 and a cloud-based system that allows retailers to monitor their terminals and manage their brands.

TD Bank's new eTreasury system provides alerts, loan reporting and enhanced audit reporting for corporate customers.

It's not enough to be multichannel anymore, says author and Movenbank founder Brett King. Banks need to help people bank within the context of their lives.

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The chief executive officer of First Data Corp. (FDC) is resigning, the company said Friday.

The bank hopes electronic lien and title documents will reduce paper and trips to the DMV for consumers.

Banks are turning to the National Security Agency for help mitigating DDoS attacks.

Technology reporter Mary Wisniewski muses about the many personal financial management products out there, many of which she has recently tested, and concludes that while they don't fit one definition or set of expectations, that's ok.

Planwise and ReadyForZero, both personal financial services companies out of San Francisco, have announced a partnership.

Certain U.S. Bank customers will soon have an opportunity to try the bank's new Go Mobile payment system, which allows iPhone owners to make contactless payments using a Near Field Communication-equipped case.

Risk management software vendor MetricStream has upgraded its software to work with two open-source databases.

Iran rejected media reports that it is behind a wave of online attacks against U.S. banks, saying it disapproves of offensives against financial bodies.

A type of cyberattack that has slowed websites at several large banks should be protected as a legal form of protest, according to a petition sent to the Obama administration.

A new mobile banking ad campaign uses unusual videos to encourage engagement in and adoption of mobile banking.

More than two billion people worldwide do not have a bank account, but do have a mobile phone, making the device a direct conduit to an underserved demographic.

Updates to Ellie Mae's Encompass360 software were written to accommodate the needs of Citigroup's mortgage arm.

Patent trolls generally prefer to avoid any decision on the merits at all costs, as an adverse ruling may damage their ability to file future cases. With that in mind, smaller institutions should feel comfortable drawing a line in the sand for a fair settlement.

Many Hurricane Sandy-damaged businesses are back in business with one big caveat: they still can't accept credit or debit cards. That's put a focus on new payments technologies able to withstand natural disasters.