Bank technology

An idea contest led First National Bank of South Africa to introduce a highly successful fuel rewards card. That's just the beginning.

Yaron Samid, founder and CEO of BillGuard, shares his company's intention of building a database of all deceptive billing practices and hidden charges, to be shared by banks, the CFPB, and other constituents.

Bank of New Zealand has moved all of its small business bankers into a hub from which they communicate with customers via videoconferencing.

Staples, the office supply giant is selling the ATM maker's Silver system, which turns an iPad into a cash register.

Even though a significant number of consumers have heard of mobile person-to-person payments, current usage of this technology remains limited, a new report found.

The San Jose terminal maker is giving its overseas customers a version of its mobile payment dongle and software, SAIL, that is tailored for chip and PIN cards.

In the wake of Superstorm Sandy, Wells Fargo began allowing its ATM customers to donate cash to the American Red Cross directly from the device.

Becoming a Salvation Army holiday bell ringer in the Twin Cities may be easier than ever this year thanks to an assist from U.S. Bank.

The model for the future is simple: Provide easy access across multiple channels to improve the customer experience.

It's a mobile world, and more and more consumers are hoping to use their devices to take care of their banking business. Indeed, new research shows that 80% of those surveyed say mobile banking is important.

The company is enabling broader access to its platform to let banks provide small businesses with a complete view of their financial situation.

Roughly three months after announcing its investment in the Silicon Valley startup, Starbucks has begun accepting mobile payments through Square’s digital wallet.

Union Bank said that Dana Edwards has joined the bank as chief technology officer while Meera Rao has joined as chief enterprise architect. Both came to the San Francisco bank from Bank of America.

The $302 billion-asset bank holding company based in McLean, Va., on Wednesday unveiled Capital One 360 as the new moniker for ING Direct, which Capital One bought in February for roughly $12 billion in cash and stock.

Capital One's Colleen Taylor discusses business continuity, the storm and new innovation such as mobile remote deposit capture.

Fujitsu is reselling VeriFone's GlobalBay software to its big-box retailer customers, to provide mobile payments software at the point-of-sale that can also handle many other retail functions.

PNC announced Tuesday that it has hired Steve Van Wyk to be its head of operations and technology. Van Wyk had been the global chief operating officer at ING since 2007.

Payments provider Elavon will use Ingenico's new Telium2 series countertop and wireless terminals for its customers in the U.S. and Puerto Rico.

Community banks are geared up to spend more on technology next year, according to a study conducted in September by U.S. audit and advisory firm KPMG.

VeriFone, a San Jose terminal maker, has announced a contract with a Polish cab company.