Bank technology

Fiserv said Monday that more than a dozen financial institutions signed up for its mobile source capture product.

Peoples Bank of Alabama in Cullman, Ala., is launching 30 of NCR's SelfServ automated teller machines that allow customers to deposit checks and cash at the same time through a single slot.

However, the mobile payment application is still more secure than many of its rivals, security firm viaForensics says.

Rumors are that Google will launch its Google Wallet app in London this summer.

In a sign of our economically troubled times, MRN Cubed, a mid-sized mortgage outsourcing and consulting firm that owns e-mortgage technology vendor SigniaDocs, has acquired default management workflow vendor DepotPoint.

As Wells Fargo finishes a large upgrade to its fleet to enable single slot "no envelope" deposits, it's also expanding its use of customer relationship management and personal financial management via a link to centralized data analysis.

Young, tech-savvy adults may be the quickest to embrace new technology, but don't bet on them trusting social media sites or funky startups with their cash. Banks win out easily, at least for now.

A new watch model available in the U.K. allows users to make contactless payments with a flick of the wrist. In time, it may come to the U.S.

As compliance mandates pile up, the institution is migrating to a mix of automated document delivery, imaging and third party hosting to help it meet disclosure requirements while reduce paper clutter and labor costs. Even with the new technology, it's an uphill battle.

The payments industry's lobbying group is touting its findings that some merchant opponents have not lowered prices since the debit card swipe fee caps went into effect.

Cardtronics has agreed to replace the ATMs deployed at National Lumber & Hardware locations in Puerto Rico.

Fiserv has inked an agreement with Sunrise Community Banks to provide processing services for general-purpose reloadable prepaid debit and gift cards.

Promontory Interfinancial Network LLC said Wednesday that its Insured Cash Sweep service is now integrated with many FIS deposit platforms through the FIS Cash Manager Module.

Despite Verizon Wireless' talk of security concerns with Google's mobile wallet, its decision to deny the payment app a place on the upcoming Samsung Galaxy Nexus smartphone may have more to do with money.

Many merchant-funded rewards companies try to entice bank credit or debit card holders with offers in their online statements. Two vendors are teaming up to bring those offers to the broader Web.

The FinTech Innovation Lab contest, in which new financial technology companies compete for the attention of big banks like Citigroup, Bank of America and JPMorgan Chase, is underway. The winners will receive some funding, but the real carrot is the chance to be mentored by bank tech execs and possibly have their new technology piloted by the banks.

Four reasons Verizon's smackdown of Google Wallet is bad for banks and consumers.

Executive vice president Paul Kadin related some of the company's strategy for becoming more relevant at a marketing conference yesterday.

Many bank employees learned long ago what a phishing email is and how to look out for one. But the threat has evolved, leading some banks to worry about whether their users have grown too confident in their years-old training to face today's attacks.

Google says Verizon Wireless is keeping it from building its new mobile payments application into a new line of smartphones that use the Android operating system.