Bank technology

Noting that younger customers are not PC-centric, the Pennsylvania bank is linking its new mobile banking program to its core banking platform rather than online banking — a move that it hopes will increase flexibility and extend the mobile user base.

Few managers manage costs. Instead, they manage the elements around cost, such as headcount. That never illuminates how work can be done differently to create permanent operating efficiencies.

NCR reported that its first-quarter income rose 123%, to $29 million from a year earlier, driven by increased business from U.S. regional banks.

Mobile banking is quickly evolving. A few banks are ahead of the pack.

Research from Javelin suggests tablet users are interested in obtaining information, customer service help and social media promotions on their devices.

PayPal has received a strong early response for its new mobile payment system, the company said Wednesday.

As if Bank of America doesn't have enough to deal with, a spoof Web site popped up Wednesday and published a fake letter from Chief Executive Brian Moynihan claiming the bank "isn't working anymore."

It may not be Siri, but an update to E-Trade's iPhone app portends deeper changes to how people interact with their banks on mobile phones.

Information about vulnerabilities should be shared after they’ve been fixed, not before, companies say.

SignatureLink announced Tuesday that it entered a deal with Magento to allow its anti-fraud technology to work with Magento's e-commerce system.

FIS has hired Greg Montana, a former Bank of America executive, as the company's chief risk officer.

Even USAA Federal Savings Bank, one of the most aggressive in its use of technology, is treading carefully in social media and mobile, where the slightest privacy snafu can spark a major outcry.

Fiserv (FISV) has named Ally Financial (GJM) executive Cliff Skelton as chief information officer, succeeding Maryann Goebel, who will serve as an advisor to Fiserv until her retirement on July 1

Farmers State Bank of Parkston, S.D., agreed to use a core processing system from Jack Henry & Associates for enterprise-wide automation.

A European mobile wallet venture led by telecommunications operators has run into a setback with regulators.

Google faced some resistance in putting Google Wallet on the Galaxy Nexus phone when the Android smartphone model launched with other carriers, but Sprint says it will support the nascent mobile payment system from day one.

Hawaiian bank says a newly installed, flexible core processing system will let it accelerate its embrace of mobile banking and other channel enhancements.

Citigroup is working with Planet Payment to provide the currency processor's services to Citi's merchant clients in the Philippines.

CIT Group (CIT) continues to round out its management with the appointment of former Bank of America (BAC) executive Stacey Goodman to the roles of chief information officer and executive vice president.

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