Bank technology

Solution intended to help protect customer data and help retailers reduce the scope and cost of PCI compliance.

Apple's mobile security strategy comes to light and biometrics make a comeback in the big security stories of the week through March 23.

Bank hopes to gain a common customer view across all products.

One of the latest data discovery products, announced Thursday by SAS Institute, promises to let non-IT folks in banks do complex big data modeling from their own computers.

Lawmakers at House hearing voice excitement about evolving industry, but also express concern about security and regulatory gaps.

Building on its earlier acquisition of alternative payments platform eBillme, Western Union announced a payment product that broadens its appeal beyond its traditionally unbanked consumer base.

Amex opened a new Manhattan office last year to nurture its digital wallet, Serve — and to remove the 200 employees devoted to that project from the culture and tradition of its main office.

Constellation Energy Group Inc. (CEG) has agreed to provide Eastern Bank in Boston with "green" electricity for the next three years.

WSFS, a Delaware bank, will use business intelligence as a catalyst for branch redesigns and to expand the ways in which internal staff can engage with consumers.

As credit unions look to add small businesses to their client mix, there's an acute need to get up to speed on technology quickly. For Community Choice, the answer is payments innovation.

NEW YORK — Lower late payments and increased card use helped Discover Financial Services (DFS) post a 36% increase in fiscal first-quarter profit to beat analysts' estimates.

Discover Financial Services is partnering with the operator of Puerto Rico's ATM and debit network, as part of its ongoing efforts to increase acceptance abroad by teaming up with local networks.

Google is considering sharing Google Wallet revenue with carriers to get them to support the technology, which lets users pay for items at checkout by tapping phones on a reader device, said people who asked not to be named because the discussions are private.

Moving toward fully electronic payments is a matter of public health and social justice, according to author David Wolman.

Zoom Tan doesn't accept cash or checks — and its customers are often too scantily clad to be carrying them anyway. It now uses a biometric fingerprint reader as an alternative to credit and debit cards.

American Express Co. is partnering with Office Depot Inc. to offer its prepaid cards at some office supply stores across the country.

MoneyGram International has named a new chief financial officer and an executive to oversee emerging markets.

When a crisis strikes, consumers want answers — and they want them fastest over social media. Banks must take to Twitter and other channels to calm irate customers while still being mindful of their obligations to regulators.

San Diego County Credit Union is now offering a range of mobile banking services through Fiserv's Mobiliti and Mobile Source Capture products.

Prepaid Financial Services Ltd. has two new partnerships to provide white-label prepaid products in the U.S. and Canada.