Bank technology

Big banks shifting position from fast followers to aggressive adopters, according to Forrester research sponsored by Fiserv.

PNC now offers a mobile app that uses "augmented reality" to help customers locate branches and automated teller machines.

The Australian institution's IdeaBank uses a Salesforce.com crowdsourcing engine to aggregate ideas for products and new innovation. It's a model that's not getting used a lot by banks, but shows promise.

Visa may be preparing to debut its ties to Google's mobile wallet in London at the 2012 Summer Olympic Games, sources say.

Eduardo Perez, Visa's global head of payment system security, explains how new payment forms can help thwart fraud.

Online payment company hopes to avoid the mobile coupon mistakes of daily-deal leaders Groupon and Living Social.

California Bank and Trust in San Diego said Wednesday that customers are now able to open additional deposit accounts and apply for credit cards and certain consumer loans online through its DirectNET Consumer Online Banking.

Visa Inc.'s chairman and chief executive Joseph Saunders received $11.8 million in compensation for fiscal 2011 as the payments processor grew revenue and transaction volume in the face of new debit-card regulations.

Data concerns appear to be making a return to the C suite.

Zions has selected Fiserv to support multi-channel digital payments for retail and business customers.

The Office of Financial Research, established by the Dodd-Frank Act to help regulators identify and thwart systemic risk events, faces a daunting task.

The G-20 held its summit in Cannes on managing risk in the global economy in early November. The group of heads of state covered the broad policy and political issues, financial ministers spoke on the difficulty of legislating rules and preventing unintended consequences.

Plans to reduce paper use 20% by 2015.

Mobile is one of the biggest areas of IT investment in 2012, and at BECU new alerts and person-to-person payments are the best ways to make the devices a sticky portal to relationship expansion.

Mobile and online payments startup Zipmark has secured $2 million in funding from a group of venture capital firms and others, the company said on Tuesday.

Company believed to be rebooting its mortgage search service and creating a new method for ranking "quality" lenders.

Though the mobile payments space is still nascent, the early successes seem to be those developed by technology companies and mobile-phone carriers — not banks. A new product from Sequent might level the playing field.

CIO Jim Brockett is leading a major new electronic document management initiative, in which documents across the entire enterprise will be digitized.

Short-term disruption of the financial services industry will most likely come from within: when banks partner with financial services entrepreneurs and embrace innovation. It's happened repeatedly in the payments sector: PayPal and Wells Fargo ten years ago, Square and JP Morgan Chase Paymentech today.

The mobile payment venture Isis, still almost a year away from launching its application, is partnering with an industry heavyweight to serve as the security guard for its wallet.