Bank technology

The firm's MoneyDesktop-driven service will leverage First Data's expansive transaction data accumulating capabilities to offer white label budgeting and management service to consumers as a single sign-on.

Small Sacrifices app encourages customers to channel coffee and cigarette buying habits into savings goals.

Silicon Valley Bank in Santa Clara, Calif., has opened a new back office facility in Tempe, Ariz., that it says will eventually house nearly 500 employees.

Tech firms like SAP and Temenos are trying standardized tools and processes to speed up deployments of data analytics, compliance and digital banking software.

The deal will let customers buy digital goods with their smartphones, through their telephone carrier billing relationship.

The most recent update to the Google mobile wallet's online pricing is the latest in a series of payments strategy twists for the world's leading search engine.

Software and services company may continue to automatically send notifications and not be considered in violation of CollegeNET's patents.

The Twitter account @NeedADebitCard calls attention to people who inexplicably decide to broadcast their debit account details in online photos.

JPMorgan Chase (JPM) said that an unauthorized party gained access to business data belonging to customers of its accounts-payable service but that it has not detected a theft or wrongful use of the data.

As prepaid usage takes off, self-service kiosk partners Nexxo and Chexar are focusing on mainstream, not underbanked, consumers.

Indecomm Global Services has opened a new mortgage lending and servicing outsourcing facility in Charlotte.

Retailing giant Wal-Mart may be pulling American Express prepaid cards from its shelves due to poor sales, according to an analyst report from Jefferies & Co.

PSCU Financial Services, a service organization that provides products and services to its roughly 1,500 member credit unions, announced Monday that it will begin issuing prepaid chip cards for several of its clients this summer.

Lender Processing Services (LPS) has agreed to acquire LendingSpace, a provider of mortgage loan origination software.

Data from Javelin shows that, while people are not moving to smaller institutions in droves, there's still palpable anger and a high risk of customer flight from big banks.

New intel from the research arm of American Banker examines how the channels banks use to communicate with customers are changing.

Sharon Credit Union finds that by taking part in pilot tests for vendors, it can deploy new mobile tech faster.

Hit by thin client performance issues, Washington Trust deployed new software to streamline the storage process during a systems migration.

Grow Financial Federal Credit Union details how it uses virtual machines to bring speed to business continuity planning.

Wells Fargo, PNC, Deutsche and ING are taking steps to reduce power consumption and cost in their data centers and improve efficiency. One of the most effective practices: allowing temperatures to rise in data center facilities, something unthinkable 10 years ago.