Bank technology

UniRush said Thursday that it is eliminating a string of fees for its reloadable prepaid RushCard and also launching a new pricing plan for customers.

MovenBank plans to be a mobile bank for the smartphone age. But perhaps more intriguing, it will use social media data to inform its credit decisions and to determine pricing.

Hired to guide mortgage technology company's infrastructure design and operations as it migrates from selling software licenses to providing software as a service.

Prepaid card companies have had great success at attracting the underbanked, but their prices remain high compared to banks' — and they might have no choice but to keep them high.

Banks lost billions of dollars in overdraft revenue last year, even as they passed on higher fees to consumers, according to a study by Moebs Services Inc.

Earlier this month, Citi announced the expansion of its popular "thankyou" program with a new Facebook app. If the number of likes (185,000 and counting) on Citi's page is any indication, it appears Citi has found a compelling way to engage its youngest and most fickle customers in the place they spend most of their digital time.

To help comply with new FFIEC online security guidelines, the Florida community bank is using a feature that allows consumers to access only a "safe list" of websites during a secure protected online banking session.

BillFloat Inc., a provider of credit and underwriting services, has hired a community banking veteran as a senior advisor.

Harland Clarke said Wednesday that it is replacing its brick-shaped check boxes with a new package that it says offers security and other advantages.

The prepaid card marketer NetSpend has entered into a distribution agreement to sell its Visa prepaid cards at 5,000 7-Eleven locations in the U.S.

Total System Services said Tuesday that its revenue for the fourth quarter rose 7.3%, to $472.2 million.

The prepaid card marketer Green Dot said Tuesday that it is purchased some assets of eCommLink, allowing it to move its processing in-house.

Bank of America is working with Cardlytics to test an online rewards system called BankAmeriDeals.

UniRush plans to lower the fees on its reloadable prepaid cards. The plan was disclosed Tuesday afternoon on the Twitter account of UniRush founder and music mogul Russell Simmons.

If the competition for providing payments hardware and software were akin to a boxing match, NCR Corp. just came out swinging in an attempt to keep smaller contenders on the ropes.

The Justice Department has again delayed its decision on the ACI Worldwide acquisition of S1, prompting ACI to extend the closing of the acquisition until Feb. 10.

Faced with competition from low-cost startups, banks like Mercantile Bank of Michigan and Citigroup are crafting new discount treasury management solutions, in some cases partnering with newcomers like Bill.com.

ThreatMetrix plans to make the best of its recent acquisition of TrustDefender by adding malicious software detection to its fraud-prevention software offerings for banks and retailers.

The Southeastern Pennsylvania Transportation Authority is working with a unit of Xerox Corp. to add contactless payment acceptance at public-transit turnstiles.

The bank has deployed a roof-mounted solar panel atop its U.S. headquarters at 60 Wall Street.