Bank technology

Banks and credit card companies likeliest to succeed in mobile payments, according to 1,000 business executives surveyed by KPMG.

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Members of the GOP claim the Office of Financial Research — which will likely require banks to invest in data compliance technology — is a government overreach, and could be targeted by hackers.

The U.N.'s credit union is enjoying big success with EMV compliant cards. Meanwhile, a new international card crime wave puts more pressure on U.S. banks to offer chip-and-PIN cards, which most of the world considers more secure than magnetic stripe.

Microsoft no longer tolerates obvious passwords.

Retrofitted HSBC data center will also bring 75 new jobs to the community of Amherst, N.Y.

The agency’s update of its 2005 digital banking recommendations is getting poor reviews. Critics claim it’s still widely open to interpretation and doesn’t plug all of the security holes

To make redeeming points easier for cardholders, Chase has adapted its core processing system to directly accept Amazon reward points.

The new technology positions the eBay unit to move deeper into mobile payments and places pressure on other competitors in the space like clearXchange

When Matt Weidler made the long walk from his desk to the automated teller machine and realized he had forgotten his ATM card yet again, he decided the best thing to do was to reinvent the ATM.

Collective Point of Sale Solutions Ltd., a Toronto merchant-services provider, is deploying Hypercom Corp. point of sale terminals to split and transmit EMV credit and debit card transactions to the least costly processors, the companies announced Tuesday.

Germany's Federal Office for Information Security warned last week about a vulnerability in the way Apple's iOS devices such as the iPad, iPhone and iPod Touch deal with PDF files.

The growth of mobile and Web financial services has providers of interactive voice response scrambling for new technology in an attempt to infuse usability into the traditional contact center.

PayPal is pushing harder in mobile payments by promising near-field communication support for Android handsets.

The march of mobile banking has moved more slowly in the U.K. than in other countries, but NatWest and RBS have moved more quickly than others.

The new technology positions the eBay unit to move deeper into mobile payments and places pressure on other competitors in the space like clearXchange.