Bank technology

American Express and Visa are at the forefront of a movement to bring the virtual currency used in online gaming into the mainstream banking system.

In interviews with 32 North American financial institutions, Aite Group analysts find they struggle to balance online banking fraud prevention effectiveness with intrusiveness.

American Express launched an iPad app in October that lets holders of its consumer, business and corporate cards manage their card accounts on their Apple tablets.

A large number of card-fraud arrests in October prompted some to predict that chip-card technology could soon put an end to such crimes. Not so fast. Even in the best-case scenario, it would be several years before the technology could make a meaningful dent in skimming fraud in the U.S.

International economic weakness may ding cross-border corporate purchases, but by plying new tech to take inefficiencies out of payments, the Visa/U.S. Bank venture Syncada hopes to attract new bank partners.

VeriFone Systems Inc. announced Monday that First Data Corp. has selected it as its point of sale terminal provider in the Caribbean.

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It's not just banks that are raising prices after changes to the rates that merchants pay to accept debit cards — on Thursday, Coinstar's Redbox DVD rental service said debit fees are driving its prices up by 20 cents a day. Other kiosk-based businesses may have to follow its example.

NCR's acquisition and pension costs contributed to a decrease in third-quarter profits. But the chief executive of the ATM and kiosk maker expects two recent purchases, combined with continued demand worldwide, to generate strong long-term growth.

Green Dot Corp. is licking its lips over banks' new debit card fees, but the prepaid card company still doesn't know quite how large its eventual meal will be.

Acquisition and pension costs decreased NCR’s third-quarter net income by 82%, to $15 million from $85 million a year earlier.

Most personal financial management providers assure users that their services are safe because they can't be used to move money. PageOnce, however, is betting that it can attract more users than it scares off by adding a bill-pay feature — and charging a fee to use it.

Green Dot Corp. said Thursday that new card activations and increased usage by existing customers helped boost its third-quarter profits.

Huntington Bancshares Inc. said it will be converting all of its debit cards to MasterCard Inc. from Visa Inc. But MasterCard's coup comes as new regulations and bank fees are cooling the potential of the overall debit market.

Diebold Inc. experienced drops in third-quarter revenue and profitability, but the ATM maker's chief executive highlighted gains it made in North America

The bank's cross-channel strategy executive discusses gauging consumer comfort with new technology and cross department cooperation. And he's keeping an eye on tablets as a hot new device.

Nearly 14 percent of U.S. mobile subscribers accessed banking services.

Visa Inc. next year plans to ramp up a series of incentives for merchants and acquirers, as the world's largest payments network braces for new regulations that are expected to cost it some debit transactions.

Reversing its longtime policy of accepting only American Express Co. cards and its own private-label card at its stores, Neiman Marcus Inc. said Thursday it will also start accepting cards backed by Visa Inc. and MasterCard Inc.

Entrepreneurs form startups to shake up the industry and bring in new ideas – a mindset that some are saying plays well with the themes behind the Occupy Wall Street protests.