Bank technology

Isis, the wireless carrier-led mobile payments venture, said Tuesday that its contractual agreements with all major card networks allow it to attract more issuers to its mobile wallet.

Fremont Bank customers in northern California are about to find out how much faster and safer their debit cards can be.

By providing T24 on the Windows Azure platform, the two vendors are enabling local banks to offer services to people who live on less than $2 per day.

As part of an "IT transformation program" announced in November 2010, State Street is shedding 850 jobs.

Isis, the mobile carrier-led mobile payments venture that initially planned to compete against incumbent payment networks, now says it has formed relationships with them.

Electronic invoicing companies Transactis and Data Impact said Tuesday that they merged operations.

Ingenico SA struck a deal with a distributor of point of sale equipment that will help the French company expand in the United States.

Citi plans to issue chip-based EMV credit cards later this year.

Fear, uncertainty and doubt prevent most U.S. banks from daring to replace their aged core systems today. But Vancouver-based North Shore Credit Union experienced few hiccups and overall happiness with a new core from Temenos.

The Australian bank, which has recently used social media stunt marketing to boost mortgage sales, is back with a new campaign in which someone will be chosen for an in-home installation of an ATM.

Aptys has upgraded a program to make it easier for banks to use the Federal Reserve's same-day settlement service for ACH payments.

The mobile wallet app will be available to Sprint Zone customers on Android.

Keith Gordon, Bank of America Corp.'s senior vice president for online and mobile channels, has joined the board of directors for the National Cyber Security Alliance, a nonprofit group focused on education around security issues.

If what I am about to discuss is news to you, it's OK, you have a good excuse. Whether it's the debt-limit debate, continued economic conditions further eroding balance sheets, or that pesky roll out of Dodd-Frank, bankers have a lot on their plates and haven't had this much fun since the S&L crisis. Or at least since the Fall of 2008 with Tarp. And it's earning season on top of that.

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

IMGCAP(1)]

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.