Bank technology

Despite all of the new powers at their disposal, regulators continue to emphasize simplified and standardized disclosure as a critical tool to ensure consumers get a fair deal.

A University of Notre Dame study of PNC's branches — LEED and non-LEED — finds the energy conserving branches more profitable to the tune of $461,300 per employee.

Kevin Knight, the master of Nordstrom's cobranded Visa credit and debit card rewards program, joins Visa as the company's head of credit and debit products, Visa announced March 28.

Four banks now live on AcadiaSoft MarginSphere.

By adding online 401K tools to Merrill Edge, Bank of America is hoping to attract small businesses through a self-service heavy staff benefits play.

In its quest to rise above the fray in alternative payments, Obopay has identified another financial-services niche ripe for modernization: business-to-consumer payments.

Dashboard lets asset managers see top holdings, top capital flows and workflow statuses without having to run reports.

To better reach the communities beyond its traditional Hispanic customer base, Banco Popular is changing its name to Popular Community Bank. And to better serve its existing smartphone-toting but computer-shy customer base, it's rapidly rolling out advanced mobile banking services.

ThreatMetrix, a cyber security technology company, announced Tuesday that it raised $18 million in a financing round.

The other morning I was at the counter of the local UPS store notarizing a document when I was shocked by a comment by a woman standing nearby. This nationwide franchise provides post office boxes, packing, shipping, copying and many other individual and business-related services through 4,700 convenient small corner or mini-mall stores. My head snapped as she told the clerk, "I would like to make a deposit." At first I thought she was making a deposit for a purchase or on a bill or perhaps depositing a package of goods for shipping.

British regulators found the private bank didn't properly identify "politically exposed persons."

American Express Co. (AXP), the largest credit-card lender by spending, is raising its quarterly dividend 11% to 20 cents per share, its first increase since November 2007.

Targeting the consumer market more squarely with a rebranded card case.

Sussex County Federal Credit Union is the first U.S. financial institution to install NCR's new virtual teller ATM, Aptra Interactive Teller, which gives members the choice of either self-service or a live video interaction with a teller.

Seeing a major opportunity in the U.S. market, Monitise and Clairmail announced a merger deal in which they will cross-polinate and cross-sell each other's technology in their respective markets.

Yahoo said it would appoint three new independent directors to its board in April, including an executive from American Express.

Monitise said Monday that it is buying Clairmail, a San Rafael, Calif.-based provider of mobile banking and payments technology.

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On the weekend of May 18, Bank of America plans to complete a technology project that has spanned the country and will end in one of the bank's most complex markets: California.

National Australia Bank is formulating service level agreement tools for companies to use to secure data in cloud applications. It's one of the goals of the Open Data Center Alliance, which counts NAB and a number of other international firms as members, including Deutsche Bank and JPMorgan Chase.