Bank technology

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.

Banks are getting more advanced at using transaction and demographic data to help entice consumers to reach for their cards over those of their rivals.

Merchants are starting to see bitcoin as a compelling alternative to credit cards for online transactions, the vendor says.

The deal lets Fifth Third extend its "smart-safe" service to more retailers, helping them manage their cash more efficiently.

FICO, the credit scoring company, plans to provide banks with services that ferret out fraud in real time.

Banks and credit unions are about to receive their own mobile-wallet card reader that is expected to offer a formidable challenge to the likes of Square, PayPal and Intuit.

The mobile money transmitter formerly known as m-Via is partnering with a global credit union organization to expand its reach.

Executives at FirstMerit, PNC and KeyCorp — which have acquired branches in deals in recent years — are seeking to wring substantial cost savings from their brick-and-mortar networks and rely more on high-tech services.

Billhighway, a payments firm that caters to nonprofits, plans to outfit clients with a device that attaches to a smartphone that can be used to receive payments from donors remotely.

Google will end support of its branded virtual prepaid card that's been built into Google Wallet. A decision last month to use a virtual MasterCard made the Google-branded prepaid card redundant.

Disappointed with gift registry options online, Betterment LLC CEO Jon Stein was inspired to launch a new service that lets account holders create an online registry to receive money.

Starting Oct. 1, issuers with effective fraud reduction strategies will be eligible to make more money off debit card transactions. To reap the benefits of the Fed's new rule, banks will need to work together.

PreCash, which provides payment services focused on the underbanked, is launching a mobile wallet designed for that audience's unique needs.

Banks and credit unions that have watched from the sidelines as the likes of Square, PayPal and Intuit built a mobile-payments market from scratch now have their own product to offer.

The ATM manufacturer announced late Friday afternoon that it has acquired Transoft International of Cary, N.C. in an effort to bolster its cash management software services.