Bank technology

Celent says the purse strings are loosening, but the big growth is in emerging markets. In mature markets like the U.S., projects are still on hold in favor of incremental upgrades to enable needs like compliance and mobility.

Startup makes a cubic device for merchants that customers tap their phones against to receive loyalty points.

Apple gets bitten and a Japanese bank trying to ditch ATM cards for biometrics are the major security stories of the week through April 13.

NACHA reported that 2011 ACH payment volume totaled more than 20.2 billion transactions, up more than 4% from a year earlier.

Mitek countersued the San Antonio financial services giant, asserting that USAA has infringed on Mitek's five patents on mobile remote deposit capture technology.

A recent credit union conference in Chicago featured a presentation of what a futuristic branch could look like.

Managing Director Vienick outlines new apps for mobile and tablets, and discusses the vital link between its investment activities and BofA's banking apps.

Exposing complex financial instruments to the vetting of thousands of experts could help restore trust in banks.

Total System Services (TSS) has signed a new long-term partnership with First Hawaiian Bank of Honolulu.

Financial technology startups dot the landscape like grain silos mark the surrounding farmland. In Silicon Prairie, mobile payments, online banking and core banking services are the new cash crop.

First State Bank's site caters to local tastes, including links to tourist attractions and images such as a Manatee with money in its mouth. The redesign will be extended to mobile banking.

Consumer banking executive Laurie Readhead to take #2 technology spot, reporting to Catherine Bessant.

New tools intended to help banks develop applications that work across channels, introduce new products quickly and analyze customer transactions to calculate fees.

41st Parameter has raised $13 million in fresh capital to fuel research, development and further expansion.

John Mack, who stepped down as Morgan Stanley CEO last year, has joined the board of Lending Club, an online lending platform.

USAA's claims that it invented mobile deposit capture are false, Jim DeBello says, and Mitek will fight them. But he would prefer to keep USAA as a customer.

Yahoo is on the cusp of reinventing itself, potentially as an important payments provider that could rival not only PayPal, but Visa and MasterCard.

The industry is like a 1920s Hollywood actor who does not understand the new technology, has not seen it coming and doesn't understand why the change is happening.

Actor Ashton Kutcher has invested in mobile payments provider Dwolla and wants to "build a killer [bleeping] company in Iowa."

Anti-money laundering rules are getting tighter in New Zealand (as well as the U.S.), and suspicious activity is getting harder to spot as mobile banking use increases. Bank of New Zealand has embarked on a new tech initiative to improve its ability to flag trouble and adhere to new regs