Bank technology

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.

Accenture said Monday it will buy Dallas-based mortgage outsourcing provider Zenta, in a move that puts the global consulting and outsourcing firm in the thick of the mortgage origination business and the massive loss-mitigation efforts of the mortgage servicing industry.

Navy Federal Credit Union is broadening remote access for its highly mobile member base by tapping the fast growing Android smarthphone market. Not all of the early feedback is positive, however.

Intuit's Mint.com is adding bill payment reminders to its free personal financial management service. The tool lets users add any bill, assign an amount, name and due date.

S1's board urged shareholders Monday to vote in favor of the company's pending merger with Fundtech because it says the deal will propel the technology vendors ahead of their competitors. The board also urged shareholders once again to vote against an unsolicited acquisition bid from ACI Worldwide.

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Modern Woodmen Bank, a relatively small direct bank, had to build and maintain a website that delivers more than what its two tech staffers could handle alone.

Flying lower on the radar than Bank of America Corp.'s latest round of job cuts is a separate but equally crucial streamlining effort.

There is now a gold-rush mentality among developers looking to produce the next hit mobile-payment application. The latest example was a "Pitch That App!" that drew more than 100 participants.

Paying for fruits or vegetables with a wooden token might seem like a throwback to Colonial America, but in some cases it is proving more practical than modern electronic payments systems.

Citigroup Inc. and Bank of America Corp. closed some of their card customers' accounts this week, citing data breaches at unidentified retailers. It was not immediately clear if both banks' customers were affected by a security failure at the same merchant.

The more Needham Bank encourages employees to access systems remotely via mobile devices, the more it has to tighten security. The bank is building what it calls a private cloud to get the benefits of outsourcing without losing ownership of its data.

The screen-card maker Dynamics is improving its production capabilities through the purchase of a facility in Pittsburgh, Pa. Dynamics makes cards with digital screens and rewritable magnetic stripes