Bank technology

Starbucks' $25 million investment in Square says a lot about the mobile payment provider's appeal to larger merchants — but the coffee chain's decision to leave out some of Square's technology also speaks volumes.

Vendors are jockeying to be the go-to firm for banks that wish to shed the piles of paper statements and bills still blocking the path to low-cost digital processing.

Cardtronics USA has acquired the assets of independent sales organization ATM Network, including its merchant contracts, customer relationships, online store and Web properties.

Starbucks announced today that it is investing $25 million in Square and will begin using Square's mobile payment technology in its stores.

Former Bank of America (BAC) executive Marc Gordon has been appointed executive vice president and chief information officer at American Express (AXP), the credit card company announced Tuesday.

Bureau says banks with fewer than 100 international money transfers a year can avoid new fee disclosure requirements, but some industry officials say the threshold is still too low.

Creative Payment Solutions, a unit of BB&T (BBT), has launched a new remote deposit capture (RDC) risk self-assessment tool that financial institutions can provide to customers.

Walt Doyle, general manager of the PayPal Media Network, explains how PayPal is helping drive consumer traffic to merchants, using technology it acquired when it bought Where Inc.

After two financial institutions merge on paper, the hard work starts in the IT trenches. Mark Duthu, executive vice president for Hancock Holding's trust and asset management group, discusses the complex integration of Whitney Bank.

Consumer use of prepaid cards is incredibly varied, relatively short-lived and full of mystery, finds a report released Tuesday by the Philadelphia Fed.

Navy Army Community Credit Union cites familiarity, Fiserv’s wide array of services.

The mathematical insight that turned Google Inc. into a multibillion-dollar company has the potential to help the world avert the next financial crisis. If only banks made public the data required to do the job.

Financial institutions cannot continue to be hampered by costly, ineffective legacy data management systems that are not up to evolving needs. It's time for a change.

ViVOtech has sold its ViVOpay payment-hardware business, the company said Monday in a notice on its website.

Hoping to tap into the security vulnerabilities tied to USB devices, security firm Enova has developed a new encryption solution designed to provide consumers and businesses with real-time encryption for any USB mass storage drive.

When designing new apps for tablets, banks are anticipating longer user sessions for more leisurely activities, a strategy that new research from Keynote Competitive Research suggests is spot on.

JPMorgan Chase has appointed Eileen Serra the CEO of card services. She benefited from an ongoing executive shake-up and experience with affluent customers — a hot market for the evolving cards industry.

More than 200 web developers and designers pulled all-nighters in New York to build digital commerce applications over the weekend. The event yielded 37 innovative technology "hacks" in about 30 hours.

Mobile remote capture technology can deliver on its promise of landing new business, early results at the Philadelphia-area community bank show.

Eileen Serra, a card executive for mass affluent and high-net-worth customers at JPMorgan Chase (JPM), has been appointed chief executive officer of its card services unit, the company announced Monday.