Bank technology

The tech firm will deploy its eCAS2 to support an expansion into digital banking as Western bank IT shops target China's rapidly evolving banking market.

Combining the bank's foreign exchange services with Fundtech's payment processing software, it is hoped, will bring new value to both.

Bankers are relying on account notifications to break the ice for mobile banking and to diminish fraud. But if an alert is hard to understand, the message is lost.

Diebold said it is providing automated teller machines that will improve security at 100 BB&T locations.

Cards payments processor Heartland Payments System Inc. on Thursday said it expects its 2011 earnings to be higher than it previously forecasted after reporting a jump in second-quarter profit and sales.

By creating a simpler online onboarding process, the banks hope to reduce the rate of abandoned applications and better match customers to products.

A start-up company's contactless-payment wristbands have gained the backing of the Visa brand under a product launch announced July 27.

Fiserv says final interchange regulations should free up technology spending by banks later this year.

NCR and Scopus Tecnologia, a wholly owned subsidiary of Banco Bradesco, have formed a strategic alliance for the manufacturing and development of ATMs in Brazil, the companies announced July 27.

Amex hired a former Google exec to run a joint venture with French e-commerce website vente-privee.com, offering deals on luxury goods to U.S. customers.

Tracey Weber, managing director for internet and mobile at Citi, explains the user navigation and interface principles that went into the design of the bank’s new iPad application.

The new application offers personal financial management tools and a look at how other customers with a similar profile are spending their money.

Wells Fargo & Co. has named Avid Modjtabai the head of its restructured consumer lending organization.

Citing improving economic conditions, TSYS reported a 3.9% increase in second-quarter revenue. Its net income rose 4%.

Although they could in time reap benefits from the many back technology vendor mergers planned, banks may wait to make major IT spending decisions while the deals sort themselves out.

Fiserv's revenue rose 4.2% as it sold more of its bill payment and account processing software to banks.

The latest shield banks are deploying to fend off online banking fraud is website blocking.

Few of the security features designed to prove a credit card's validity in the physical world work well online. Jumio, a startup, aims to change that.

The payments technology vendor ACI Worldwide Inc. said Tuesday it submitted a bid to buy rival S1 Corp. for $540 million, aiming to thwart a separate deal S1 announced last month to merge with Fundtech Ltd.

Rumors that ISIS's card network partnerships put Google out of the mobile payments race are grossly exaggerated, Google representatives say.