Bank technology

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.

A poster boy for the digital currency now says credit cards are “way simpler.” His fictional counterpart in the "Bitcoin for Dummies" episode of "The Good Wife" is similarly disillusioned.

The dollar volume of online fraud is going up, but actual incidents of fraud are decreasing, according to a report released Tuesday by CyberSource, a unit of Visa.

SunTrust Banks Inc. has acquired FirstAgain LLC, an online lender that targets superprime borrowers.

Former Google CIO Douglas Merrill believes his firm, ZestCash, can jump-start the subprime lending market with an alternative underwriting engine that uses thousands of consumer data points and proprietary math to aid loan decisions.

PayPal, which has been testing a point of sale payment system with Home Depot, is reportedly testing the same system with Office Depot.

ACI Worldwide announced Monday that CVS chose to use its check management service at its CVS Pharmacy stores.

In this gradual rollout, the California bank has deployed Oracle Flexcube for new, international deposit accounts and customer data management so far.

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Former Google CIO Douglas Merrill believes his firm, ZestCash, can jump-start the subprime lending market with an alternative underwriting engine that uses thousands of consumer data points and proprietary math to aid loan decisions.

Bank of the West in El Paso, Texas, is changing its name to WestStar Bank to avoid confusion with a much larger San Francisco bank that shares its name.

Fair Isaac Corp. said Friday that it has appointed John Chen as its managing director in China.

USA Technologies Inc. announced two additions to its board of directors.

An alternative payments company that lets users make electronic payments in cash is planning to quickly expand its user base and merchant clients with the addition of a mobile channel.