Bank technology

Citigroup has developed a perk-laden Hilton credit card, in the latest big bank effort to poach some of American Express's wealthy, high-spending customers.

IMGCAP(1)]

NEW YORK — Target Corp., one of the biggest retailers in the country, joined groups including the National Association of Convenience Stores in opposing the proposed $7.25 billion settlement of a lawsuit brought by a group of retailers against Visa and MasterCard and a dozen large banks.

The bank is creating video news and content that can be updated regularly and delivered a la carte to users based on preference.

Android tablet with payment platform being jointly offered by Commonwealth Bank of Australia, IDEO and Wincor Nixdorf.

The tech company adds defamation and unfair business practice claims to its suit against USAA.

Regulations such as Basel III have banks all over the world scrambling to obtain better views of their cash flow and financial performance. Kuala Lumpur-based AmBank is using new software to understand potential asset and liquidity risks.

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.