Bank technology

Mobile payment company basing its business model on loyalty programs.

Proxama has a hired Ron Carter and Louise Thompson to senior management positions. Proxama, which is basded in London, provides NFC mobile-wallet and mobile-marketing technology.

Former HSBC executive Nancy Pierce will lead Treasury product management for the bank.

In a new side business, the Australian bank uses image capture and business intelligence technology to identify and fix transaction data errors.

Dongle doppleganger causes friction between mobile payment providers.

The banks and a credit union have agreed to use the vendor's identity and access management technology.

Rayburn Chan to work in corporate development at the payment startup.

Alabama bank to use EFT and fraud prevention software from the bank tech provider.

Former Syncada executive to oversee the bank's core payment strategy.

Citigroup is experimenting with new means of authentication and digital signatures for its customers and piloting an identity management service with the Department of Defense. Other banks are sure to follow soon in what may soon be a lucrative new industry.

Terminal maker to install tablets for payments and advertising messages in 6,500 taxis.

Debit network hopes the new platform will support a five-fold increase in transactions.

The Japanese credit card company JCB has begun operations in São Paulo, Brazil, under the name of JCB International do Brasil Representacão Comercial Ltda.

One-third of consumers reported making mobile payments in a recent survey. That's good news for PayPal, Amazon and Apple, but holds a mixed message for banks.

Barb Pacheco of the Kansas City Fed is keeping a close eye on mobile payment innovation, to help steer the course of new initiatives and to determine what regulators' role will be.

The San Francisco bank hopes to score points with a corporate customer and consumers by offering financing to buyers of the high-profile electric car.

Comerica (CMA) in Dallas is the latest bank to announce plans to enter the prepaid card market.

For banks with less than $100 million in assets, pay-as-you go lending automation helps keep the lights on.

Fidelity National Financial's ServiceLink division acquired DRI Management Systems, while simultaneously rebranding DRI's default servicing workflow platform, in a deal announced Tuesday.

Universal Business Payment Solutions Acquisition (UBPS) has agreed to pay $179 million for three firms that process payments for small businesses.