Bank technology

Consumers' rising revolving credit may mean the pullback in consumer lending is easing, but an analyst warns against drawing too many conclusions from the recent data.

NCR, a maker of automated teller machines, self-service kiosks and other financial technology, is buying hospitality software developer Radiant Systems for $1.2 billion.

In the latest phase of an effort to hire leaders from the retail world (including Tracey Weber from Travelocity and Frank Eliason from Comcast), Citigroup Inc. has hired Omar Khan, chief technology officer at Samsung Mobile, to head mobile initiatives on a global basis. Khan is said to have led Samsung's moves into the Android space.

CoVantage Credit Union is working with the software vendor Tyfone Inc. to make its customers' wallets more mobile.

Guardian Analytics Inc. said it will launch an outsourced fraud prevention service Wednesday that will help financial institutions meet new Federal Financial Institutions Examination Council guidelines.

U.S. Bancorp has increased its mobile banking options for prepaid card customers.

With a 98% retention rate, USAA Federal Savings Bank seems to have little room to improve customer service. But it's spent the past two years and millions of dollars overhauling systems to do just that.

Regions Bank in Birmingham, Ala., is teaming up with person-to-person payments provider ZashPay to let its customers transfer payments to family members, friends and other individuals without ever having to write a check.

With a 98% retention rate, USAA Federal Savings Bank seems to have little room to improve customer service. But it's spent the past two years and millions of dollars overhauling systems to do just that.

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The credit union is enabling its 14,000 members to access a document automation solution called TotaleAtlasWeb through its home banking portal, which is provided by PM Systems Corp.

Many consumers don't know what near-field communication is, but the services the technology enables are becoming quite popular. That puts an onus on mobile payments projects that use NFC to move beyond disputes over revenue and other issues.

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WikiLeaks supporters briefly regained access to Visa's payment gateway in a series of rapid midweek developments, but by Friday the gateway closed again.

WikiLeaks supporters briefly regained access to Visa's payment gateway in a series of rapid midweek developments, but by Friday the gateway closed again.

PayPal revolutionized how consumers pay for goods online. It's not about to be usurped by the mobile payments movement.

PNC Financial Services Group Inc. is planning to provide a mobile banking app by October for customers of its Virtual Wallet account that use smartphones running Google Inc.'s Android software.

EBay Inc. is building on the mobile payments strategy of its PayPal unit with its $240 million deal to buy Zong Inc., a company that lets consumers charge purchases of digital goods to their wireless phone bills.

Morgan Stanley Smith Barney says two CDs containing personal information on 34,000 investment clients were lost in transit to a government office.

The emerging U.S. mobile-payments market could face some resistance from consumers who are worried about fraud, according to new research.