Bank technology

Fieldpoint Private Bank & Trust makes no bones about its enthusiasm for finding reliable ways to job out IT.

Consolidation isn't letting up. But Core sales have stabilized, and deals often include orders for ancillary products. Is this the new normal?

The Madrid banking giant has brought the modern, real-time core processing technology it uses in its Latin American subsidiaries to Alabama and is modifying it to handle U.S. regulations and products.

Visa Inc. has hired Gavin Krugel to work on its global mobile team, in an effort to reach unbanked consumers in developing economies.

Two major tech players have pushed further into the data security space with acquisitions announced on Tuesday.

The online book store's line of tablets could help shepherd older customers into online banking and offer an ad platform, but there's a downside.

British Airways' data security efforts would have never gotten off the ground if they were focused purely on complying with payment industry rules.

When the profits and losses of the debit card unit suffer as regulation clips revenues, the banks increase fees, discouraging debit card usage. Any pretense to customer focus goes out the window.

Lack of contactless payment technology in the iPhone 4S expected to depress prospects for the NFC-enabled phone market and therefore the overall prospects for mobile payments this year.

Popular new revenue strategies that tie mobile banking, online banking and card programs to special online or mobile offers present a cross-channel integration and data management challenge. That requires lots of investments in middleware that ties payments to CRM systems to ensure the programs remain accessible, accurate, fast and functional.

State Street Corp. said Tuesday that it had acquired Complementa Investment-Controlling AG, an analytics firm based in St. Gallen, Switzerland.

Bank of America is not saying why some customers trying to access the bank's homepage or their personal accounts are experiencing slowness or access issues, but the bank said it is not a result of hacking or malware.

Bank risk managers are expecting the worst unless the economy improves.

With growing country risk, a single European payment system becomes less appealing.

Fundtech's withdrawal and the lack of a white knight force payments software company S1 to merge with a rival.

Apriva has launched a product designed to provide secure voice, email and data communications for smartphone apps, such as mobile banking and mobile payment programs.

BofI Holding Inc. in San Diego announced Monday that it has changed the name of its federally chartered savings bank from Bank of Internet USA to BofI Federal Bank.

Most banks design mobile sites as shrunken versions of online banking. Citigroup Inc.'s new website instead takes the lessons of mobile and blows them up for a bigger screen.

The payment processor Planet Payment Inc. is delaying the release of its financial results for the first half of 2011 as it considers a change in the way it will report future revenue.

A wider availability of smartphones combined with more contactless acceptance at merchant locations should generate some $71 billion in near field communication mobile payments worldwide by 2015, research suggests.