Bank technology

"We're not precluded from signing up new merchants" after being removed from Visa's list of compliant firms, says Global Payments' CEO Paul Garcia. Visa's decision was prompted by news that up to 1.5 million accounts were exposed in a recent data breach of the processor.

Visa has taken a rare step and dropped payments processor Global Payments from its list of approved service providers after the company reported that as many as 1.5 million credit card accounts may have been compromised by hackers.

Global Payments Inc. (GPN), the credit-card processor that reported a significant security breach Friday, said that hackers stole account numbers and other key information from up to 1.5 million accounts in North America.

Wells Fargo's Scott Dillon discusses the five steps banks can take to bring more efficiences to the data center.

Harris and Sybase 365 surveys suggest that widespread acceptance of mobile payments is at least two years away.

Rather than burden loan officers with upselling their mortgage borrowers, First Interstate Bank provides software that does most of the work for them.

America First Credit Union's using visualization software and iPads to sift through large amounts of data to spot business opportunities.

A look at how Energy Federal Credit Union found a low-cost way to monitor network traffic for suspicious activities.

Solar roofs, hybrid cars and server reductions are among the projects that won First Green Bank, Huntington, Citi and U.S. Bank our nod this year.

Among the bankers and industry executives with whom we've spoken lately, the prevailing attitude toward the frenzy of mobile payment announcements from the likes of PayPal, Isis, Visa, MasterCard, Google, Dwolla, and others runs the gamut from apathy to complacency.

The line between ATMs, automated self service and live human teller service at branches is blurring, and in some cases disappearing altogether. It has to. Given the stress on budgets, growth of remote access and the massive overhead of a big branch footprint, it's incumbent on banks to make branch service faster and less expensive.

Compliance departments are being stressed like never before by disclosures, audits and testing. Automated compliance platforms are one way to bring it all under control.

Bankers and experts agree that simplicity and fun are among the characteristics of mobile banking apps of the future.

Everyone agrees EMV standards will grow in the U.S. But that's where the clarity ends, as the card networks' mandates carry subtle yet important differences.

Five questions with Jeff Plagge, President, Northwest Financial and chair of ABA's new payments task force.

IMGCAP(1)]

Banks spend a great deal of money remodeling branches. Many fork over tens of millions of dollars on remodel initiatives every year, and some of the largest banks will spend over $100 million.

BlackBerry is not dead in the corporate market, but banks' BlackBerry-only stances are softening toward "bring your own device" policies, and requiring new security and management tools.

NetSpend Holdings launched a prepaid MasterCard developed with entertainment conglomerate BET Network.

Fraud losses get a big price tag and banking groups crack down on cyber crime in the big security stories of the week through March 30.