Bank technology

PayPal is digging even further into the prepaid card market at a time when more underbanked consumers favor such products. Users of the prepaid card do not need to have a PayPal account — though having one provides additional benefits.

FIS, which notched solid, if unexciting, earnings in the fourth quarter, says it plans to grow by cross-selling to large banks worldwide.

Buoyed by lower expenses and increased fee income, Meta Financial Group Inc. of Storm Lake, Iowa, said that it earned $3.1 million for its fiscal year first quarter.

Alloya Corporate Federal Credit Union using Funtech ACH software with risk management tools.

Massachusetts bank helping its business clients reduce paper.

As the financial services company's largely remote customer base begins to embrace smartphones as their primary, if not only, point of contact, the company is planning to alter its marketing and functional strategy for mobile in the year ahead.

ACI Worldwide reported on Tuesday that income for the fourth-quarter was $23.9 million, down 11.8% from a year earlier, as revenue declined.

Fidelity National Information Services said Monday that its fourth-quarter income, boosted by its international and financial solutions businesses, rose 5.8% to $117 million from the same period a year earlier.

Google's mobile wallet is getting a lot of attention, but from the wrong crowd — security experts.

While small banks already face a mobile banking adoption deficit to their larger competitors, some community institutions are still questioning the channel's safety.

Diebold is looking to cut out its competitors at banks where it provides automated teller machine services.

Hopes new core platform will lead to faster new product delivery and more efficient back-office processes.

InComm announced Monday that it bought Medagate, a health care benefits services company.

Google Wallet is one of the most prominent mobile payment systems in use today, but it has suffered from security problems since day one.

The Belgian national mail operator, bpost, has implemented Fiserv's AML Manager for its domestic and international money transfers.

Kony Solutions has introduced a new version of its mobile banking product.

Diebold reported strong fourth-quarter earnings growth driven by its core business of bank automated teller machines, as it laid out a confident blueprint for a year that increases focus on research and development and software and services.

Heavy on consumer members but light on business accounts, Desert Schools FCU is using a partner's high-tech portal as part of a way to boost share in the business market against larger banks.

With new channels and services, I've often thought that consumers don't care as much about security as they claim to — but they do care about reliability. So I was surprised to see that Citi blamed a recent payment problem on the coding of its iPad app when the problem has occurred in other channels.

Contrary to several news reports this morning, the bank says its plan to let people deposit checks by phone in the second half of 2012 is on schedule and that the rumors it will charge fees are false.