Bank technology

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.

A new white paper dissects the many risks inherent in communicating with customers via social media, and offers tips.

The Deerfield, Ill., retailer will use SunGard's AvantGard Treasury program to help it eliminate manual processes and improve access to its financial data.

Job seekers received an unexpected and unwelcome response from The Washington Post last week, when the paper alerted users of its job ad site that it had suffered a data breach.

Those ubiquitous Web ads promising a flatter stomach if you obey "one weird old tip" are actually scams to get consumers' credit card details, the Federal Trade Commission says.

Morgan Stanley sent two letters to clients explaining that their names, addresses, account and tax identification numbers had been compromised.

Booz Allen Hamilton, a contractor for the U.S. military and federal agencies, is the apparent victim of a hacking incident, The New York Times reported Monday.

Kyle McDonald was investigated after posting to his blog photos taken by the built-in webcams in the demo machines on display at an Apple Inc. retail store in New York, according to a July 8 story on Business Insider.

NCR Corp. has struck a deal that will make it less reliant on the banking clients that buy its automated teller machines, video teller machines and other branch equipment.

New services enhance systems integration and VOIP to enable links to transaction platforms, databases and CRM.

Former Greater Bay Bancorp executive charged with making IT more efficient and coming up with a single, "customer-friendly" platform.

DataMotion Inc., a provider of email encryption services, found in a recent survey conducted by Osterman Research Inc. that nearly 80% of potential community bank customers want to communicate with their banks using secure email, while only about 40% can do so currently.

Cashiers now may activate entire packs of prepaid cards at once instead of swiping each card individually, through a new service First Data Corp. is rolling out.