Bank technology

A growing number of banks are opting to dive into the still immature market for data breach insurance as the risks of doing without coverage mount.

Fifth Third Bancorp (FITB) boosted quarterly profits thanks to slightly stronger revenue and a special gain associated with a former processing unit.

Technology that will enable banks to automatically complay with Dodd-Frank is in its infancy. Tthen again, so are the rules themselves

After a long absence, Bank of America Corp. is bringing its U.S. consumer credit card portfolio back to the processor Total System Services Inc.

Keynote's latest usability and functionality rankings are out. One takeaway of the research is live web chat gives consumer satisfaction a boost. It also calls for new skills for the customer service rep.

Technology to automatically comply with Dodd-Frank remains in its infancy. To the banks and vendors who develop it first will go the spoils.

Technology formerly used to catch terrorists is being applied to financial industry problems by companies in this year's FinTech Innovation Lab run by Accenture, the New York City Investment Fund and large New York banks.

New York Knicks point guard Jason Kidd was charged with drunk driving after he crashed his SUV soon after leaving a party at NCR chief Bill Nuti's East Hampton, N.Y., home.

Shopkick's mobile rewards system has relied so far on small devices retailers install at their doors to signal to an app that a customer has visited in person. But for a giant like Macy's, those little devices can add up to a big headache.

An Australian dispute involving security concerns, and chatter about the hacking of contactless payment trials at the Olympics, continue to plague mobile wallet developers.

Payment giant already uses Card.io's image technology to capture credit card numbers.

Merchant-funded rewards program meant to help banks strengthen relationships with retailers.

TimeScape software also enhanced with interactive heat maps for visual data validation.

The SEC has awarded a contract to Tradeworx to develop and deliver a system that will allow four of its divisions to track creation, modification and cancellation of trade orders in real time.

The first surprise was learning that billionaire Facebook founder Mark Zuckerberg even has a mortgage. The second was finding out that he pays an interest rate of just 1.05%.

SAS took the wraps off a new form of software this week that could give banks a single fraud prevention platform for all of their delivery channels.

The credit card industry's proposed deal to settle long-pending retailer lawsuits set insiders chattering, divided over how much each side won and lost in the deal.

A group of investors led by Yahoo co-founder Jerry Yang has agreed to invest $4.8 million in a Redwood City, Calif., payments network that lets use retailers' gift cards to buy goods and services from other merchants.

Security, risk management and data management projects are winning new investment. Online and mobile banking also gain.

U.S.-based multinational snaps up Belgian compliance company.