Bank technology

Visa announced Wednesday a tool to help issuers spot fraud.

U.S. Bancorp said Wednesday it is testing an iPhone app that uses augmented reality to display branch and ATM locations.

ICICI Bank has agreed to use SmartyPig's GoalSaver social savings product.

Sam Shrauger left his position as PayPal's vice president of global product and experience to head Yahoo's commerce division, The New York Times reported Tuesday.

Intuit has purchased the mobile commerce provider AisleBuyer.

Country Club Bank launched a Facebook page about two years ago — and then deleted it. This time around, it's starting with professional network LinkedIn instead.

Banks should assume that sophisticated malware has infiltrated their networks and is gathering intellectual property and sensitive information.

Deploying 50,000 devices from Wyse Technology.

Look ma, no hands (or mag stripe): Sporting eyewear with a built-in camera, a cashier or flea market vendor could accept a payment card simply by looking at it.

Rumors that the core banking provider is for sale are exaggerated, CEO Hernandez says. Options such as new investors are on the table as the company looks to restructure its balance sheet and expand its business, which includes an Apple-like app store that's proven popular with smaller banks and credit unions.

Only 10% of Fortune 250 chief information officers blog and tweet today. Is that number too low?

Large data breaches at companies like Global Payments (GPN) are just the tip of the iceberg of the financial industry's data security woes, says Steve Elefant, who was chief technology officer at Heartland Payment Systems (HPY) during its massive 2008 data breach.

A merchant processor gives his clients contactless readers — for free.

The private-equity owners of Open Solutions Inc., a provider of software and IT services to financial institutions, have put the company up for sale and a deal could fetch more than $1 billion, people familiar with the matter said.

HARRISBURG, Penn. — A federal court here dismissed a suit last week alleging Pennsylvania State Employees CU violated provisions of the Electronic Funds Transfer Act after the credit union produced evidence suggesting that someone had removed the legally required notice affixed to the ATM disclosing the fees to be charged to non-member users of the cash machine.

An alternative to near-field communication, Bump Pay lets people pay each other by tapping their phones together. The idea has lots of competition, but is drawing mixed reviews when it comes to a use case.

InComm, following a similar move by American Express, plans to stop selling gift cards in retail stores in New Jersey.

A big breach raises big questions and identity thieves face justice in the major security stories of the week through April 5.

Clairmail is offering a new mobile banking product for mid-tier regional banks, community banks and credit unions.

The Open Data Center Alliance has begun defining IT requirements for cloud computing solutions.