Bank technology

A small Silicon Valley bank that lends primarily to technology startups has opened a lending office in incubator space in Boston.

Community banks don't typically lead the high-concept branch pack, but this Maine bank is experimenting with new cash recycling equipment and self-service kiosks.

Steve Jobs' resignation raises further uncertainty over Apple's payment plan intentions, but Apple patents themselves provide some clues as to where the company may be going.

ACI Worldwide is increasing the cash portion of its unsolicited offer to buy S1 in light of recent stock market volatility, and as the two companies continue to squabble over competing acquisition proposals.

A system from Diebold lets consumers deactivate debit and ATM cards from a mobile device, reactivating them only as needed. This makes stolen card data less valuable, since a card would work only when the legitimate customer permits it to.

A move toward EMV in the U.S. has not dissuaded the European startup from offering an iPad-compatible mobile card reader in the States that will accept magnetic stripe cards for payment.

Steve Jobs' resignation as Apple Computer's chief executive may prove a mixed bag—but a critically important one—for banks.

Broker-dealers don't have to track every message sent through social media — only the ones that relate to business purposes. And unscripted interactions? They can be reported after they occur.

Ag banks and superregionals will be on the rise, many community banks and branches will have disappeared, and three mini-financial crises will have occurred, a roundtable of experts said when asked to predict banking in 2036.

At Wells Fargo and at Con Ed, the use of electronic bill presentment is prompting customers to resolve their own problems online rather than call a service representative.

Prepaid company NetSpend, which has struggled to grow since its successful IPO last year, is being increasingly talked about as an acquisition target.

Fifth Third is offering a payment card that lets users pay from either a credit or debit account.

TD Bank has hired 15 new employees at its Lexington, S,C., operations center and intends to add 20 more to support its growth along the East Coast.

ATM makers will have to start building chip-card acceptance into their machines soon, even though they are not one of the groups Visa targeted in its incentive plan for chip-card conversion in the U.S.

Most banking agencies kept running on Tuesday after a 5.8 magnitude earthquake rattled Washington, but let some employees go home. There were no immediate reports of damage to any of the buildings.

An internal dispute results in B of A's files apparently being destroyed by former associate of WikiLeaks founder Julian Assange.

Web redesign moves a full picture of customer relationships and account info to the landing page.

A new variant of a malicious program called Ramnit increases the threat posed by the infamous Zeus program, which has taken over countless online banking accounts in recent years.

A federal appeals court has sided with a U.K. payments processing company in a long-running patent dispute with Visa Inc. subsidiary CyberSource Corp.

Even though the mobile banking space is maturing, some banks continue to deploy multiple apps to get a first-to-market advantage for new functions.