Bank technology

Technologies like automated underwriting held great promise to manage risk while easing the pain of the mortgage experience for borrowers. But a lack of discipline ushered in an environment where simple rules decide who obtains credit.

Fifth Third Bank is launching a chip-embedded commercial card that will allow the bank's business customers to make payments overseas.

Meta Financial Group (CASH) in Storm Lake, Iowa, will raise $34.2 million through the private placement of stock to a group of investors and will use the funds to recapitalize its bank and support growth.

A blog about a sister's death and the insurance company's unwillingness to pay made big waves via Tumblr and cast a spotlight on social media sites beyond Facebook and Twitter.

PNC, the Pittsburgh-based bank, already has 118 buildings certified as energy-efficient.

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As an IRS deadline approaches, Capgemini, Pegasystems, and DLA Piper see opportunity in helping plug compliance system holes.

Trulia Inc., an Internet startup focused on residential real estate, filed to raise $75 million in an initial public offering, aiming to capitalize on an improving U.S. housing market.

Howard Boville, a network executive, was hired away from British Telecom.

If transportation is a leading indicator of payments technology, the joint project between Metro North Railroad and Long Island Rail Road could be a boost for bar-code-based payments.

Company is offering a self-assessment guide to the mortgage reform aspects of the law.

Discover Financial Services now allows consumers to link Discover cards to Google's mobile wallet from Discover's website.

Square is taking a bigger bite at the small-business market by offering flat-fee processing to merchants, furthering efforts to present itself as a more full-featured option for card acceptance.

Shifting check processing work to CSI's hosted, pay-per-volume plan is expected to reduce costs and the strain on the California bank's small IT staff.

Banking policy wonks might want to disengage from their sober debate about vice presidential nominee's views on Dodd-Frank and GSEs and check out the social-media phenomenon that Ryan gags have become.

Square is giving small merchants more flexibility in how they pay for credit-card transactions, increasing competition with PayPal's rival card reader.

The supplier of point of sale devices will use TransArmor data encryption technology.

Bank employees also volunteer to install solar systems in homes in low-income communities.

A new joint venture between retailers and banks takes aim at PayPal, Google Wallet and Isis.

As more consumers try out Fiserv Inc.'s person-to-person payment service, Popmoney, the tool is evolving to become as much a social tool as a payments one.