Bank technology

Payment processor is harnessing technology from Trusteer to help prevent Trojans and other forms of online fraud.

By adding new processing capabilities, the bank is extending payment acceptance to include varied online payment methods for corporate clients that have international footprints.

The bank technology vendor S1's board told shareholders not to accept ACI Worldwide's exchange offer — yet. The board said Wednesday that it is reviewing ACI's Tuesday offer to shareholders in ACI's latest step to disrupt S1's planned merger with Fundtech.

CoreLogic has hired Greenhill & Co. to evaluate the mortgage technology vendor's financial strategy and "explore a wide range of options aimed at enhancing shareholder value," up to and including a possible sale or merger.

Former Mobile Money and BankAnywhere products now known as Mobiliti, but no major product changes have been made, Fiserv says.

A shift toward the use of chip cards is spawning courses in EMV and other new payment technologies.

Mobile payment venture has made many partnership announcements and its telecom members are sinking $100 million into the project. But when will it have a real-world product ready?

The bank already offered credit card alerts and is broadening the program to ATM and debit cardholders to enhance fraud prevention and personal expense management tools.

ATM manufacturer Diebold Inc. has developed technology to centralize its ATMs’ computing power, thereby improving security and cutting ATM-maintenance costs for clients.

Airlines are investing in technology improve security in an area TSA checkpoints don't cover: credit card fraud.

Branch automation, smartphones, and social media enable a new level of service on the fly. But there's still room for more innovation, as GPS and other mobile technology expands.

Former CIO of treasury services at JPMorgan Chase to lead new technology development and run customer-facing apps and back-office infrastructure.

Verizon Wireless, AT&T Inc. and T- Mobile USA plan to invest more than $100 million in their joint venture that lets consumers pay for goods with mobile phones, people with knowledge of the project said.

FourSquare meets mobile payments — Dwolla's mobile payment users can now see who else is using the service in their area.

The Western Union Co. announced Monday that it has formed a new division that will develop new payments products and services for its consumer and business clients.

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Visa and other financial companies are taking steps to prevent possible disruptions from Hurricane Irene.

Technology company Tio Networks Corp. has developed software for "reverse ATMs" that collect money from lower-income customers instead of dispensing it.

Failure to review vendor contracts when acquiring another bank can lead to extra costs and prolonged conversions.

Its new printed invoice mailing service is aimed at businesses that want web efficiency and a paper trail at the same time.