Bank technology

A maker of semiconductors for the mobile industry has introduced a microcontroller for mobile payments.

MainStreet Bank in Fairfax, Va., has established an aircharity account to collect donations for recovery efforts from Hurricane Sandy.

Yaron Samid, founder and CEO of BillGuard, explains his company's analytics technology and how it discovers unwanted billing charges for consumers, as well as its work with the CFPB and with banks.

The New York startup is giving roughly 2.5 million Lemon Wallet users access to its transaction monitoring technology.

OpenWay, a payment processing company in Brussels, is offering a range of integrated online and mobile financial services and has its eyes on the North American market.

The popular mobile-phone game Angry Birds is once again helping a new payments product take flight, with the introduction of a Visa prepaid card with designs based on the game's theme.

MasterCard (MA) and American Express (AXP) are the latest financial companies to make charitable donations in the wake of the storm that has devastated the tri-state area.

The Open Data Center Alliance, an independent IT consortium, and TM Forum, a global, non-profit industry association announced Thursday their joint effort of publishing a suite of documents outlining requirements for Compute Infrastructure as a Service (ClaaS).

Fortumo announced Wednesday that its mobile payments offering supports Windows 8, Microsoft's new operating system for desktop, laptop and tablet.

Both companies are expressing early optimism in their ability to compete with American Express' Bluebird card, but long-term uncertainty looms.

Green Dot said its quarterly earnings fell 20% from a year ago as competition intensified in the prepaid card market. Meanwhile, NetSpend announced that its net earnings fell to $4.4 million.

Parkmobile USA, which had drawn fire for suggesting the debit interchange cap was behind its fee increase for D.C. customers, on Thursday issued an apology for the statement.

Despite slow adoption by consumers, more community banks are offering mobile banking, according to a new survey.

A new report published Thursday by Celent gives Bank of America first place for the account opening experience in its branches.

Trustmark National Bank has purchased a web-based check capture and processing product from Fiserv.

Experian is feeling the heat in the wake of a hacking at Abilene Telco Federal Credit Union that wound up exposing data at the credit reporting agency, leading Experian to defend its security protocols.

A survey of U.S. mobile device users finds that most have experienced frustration with their mobile banking app.

In an email interview with American Banker, the group also says it has no ties to Iran or any other state and disavows attacks on the Tel Aviv stock exchange or El Al Airlines.

Our research shows that lots of banks still do not use customer analytics, a gap that is sure to change in the future.

When D.L. Evans Bank found that tasks such as opening accounts and issuing cards was taking too long, it turned to new workflow software.