Bank technology

Mortgage lenders get clarity from Fannie and Freddie; Capital One CEO fears competition from mobile players; former IndyMac CEO fights the SEC.

Dynamics Inc., a provider of payment cards that can dynamically rewrite their magnetic stripes or smart chips, unveiled another variant of its design this week.

Barclaycard US says it will work with Google Inc. to support the Google Wallet mobile payment system.

Fresh off new government guidance on cloud computing, firms such as CipherCloud and Coalfire are knocking on banks' doors with technology designed to increase security and protect data.

Isis, the mobile-payment joint venture backed by AT&T, Verizon T-Mobile, won't debut by the end of September as planned, extending delays for a service once expected to start by the end of June.

The payment software company plans to add Distra's services-oriented solution to its portfolio.

Small LowellBank is turning to Jack Henry for teller automation and online bill pay as well as core automation.

The merchant-funded rewards provider recently began testing a geolocation service that delivers offers from merchants when customers are within walking distance.

Diebold has located two new data centers in Verizon's Terremark facilities in Richardson, Texas, and Manassas, Va.

Mary Wisniewski finds MoneyDesktop, LearnVest, and Dashlane among the worthy early Finovate demoers.

The Near Field Communication chip used in many mobile wallets was conspicuous by its absence during Apple Inc.'s unveiling of the iPhone 5.

The card network is strongly recommending that all ATMs be EMV-compliant by 2016. ATM owners that don't comply will face fraud liability.

Capital One's CEO expresses concern that innovations from the likes of Google and PayPal could put banks in a "back seat." He also says the bank is done with acquisitions for the time being.

Citigroup won dismissal of a suit in which cardholders claimed the bank failed to take adequate steps to prevent a computer security breach that affected more than 360,000 accounts.

The FDIC highlighted continued use of "alternative financial services" in its second-ever survey reporting the share of households that are unbanked or underbanked.

The Apple iPhone 5 expected to give smartphone sales a boost in the second half of 2012.

Bankers monitor liquidity risk but struggle to know extent of financial commitments throughout day, survey finds.

With consumer mobile access for banking channels and services growing, loosening privacy data rules may be the edge needed to combat fraud.

As technology transforms money and payments, bankers risk falling behind the times.

While holding that Congress intended patent-eligible subject matter to "include anything under the sun that is made by man," the Supreme Court has consistently identified three exceptions: laws of nature, physical phenomena and abstract ideas. That last exception has proven most problematic for financial inventions.