Bank technology

VeriFone Systems Inc. of San Jose, Calif., is working with Micros Systems Inc. of Columbia, Md., to provide the "first practical NFC communication service" for restaurants, said Michael L. Russo, Micros' chief technology officer.

PayPal Inc. is now connected to Microsoft Corp.'s Xbox 360 game consoles — a move that could spur similar growth in digital game sales as PayPal did for eBay's marketplace a decade ago.

PayPal Inc. is now connected to Microsoft Corp.'s Xbox 360 game consoles — a move that could spur similar growth in digital game sales as PayPal did for eBay's marketplace a decade ago.

VeriFone Systems Inc. said it is supplying a Turkish gasoline retailer with unattended pay-at-the-pump terminals.

The amount of online payment fraud in the airline booking industry is dropping, a study showed.

Banks in some countries are introducing alternatives to the iconic magnetic stripe ATM card, encouraging mobile phones and other technology for cash access.

Sony Corp.'s PlayStation Network has been compromised again, according to some reports.

PayPal Inc. has added the ability for users of Android smartphones to fund their accounts by taking a picture of a paper check.

As he tried to dispel the idea that end-to-end loan origination systems don't exist, Ted Hicks, the product management group director at Calyx Software, said there are two basic types of full-service LOS technology, each with pros and cons.

ControlScan Inc., a provider of Payment Card Industry Data Security Standard compliance services, is offering new services it said would streamline the compliance process for small and midsize merchants.

Mechanics Bank of Richmond, Calif., has chosen an anti-fraud product from VSoft Corp., the vendor announced Wednesday.

Bank of America Corp. has hired Morgan Stanley's chief information officer of enterprise infrastructure, David Reilly, away to be chief technology officer of B of A's Global Wealth and Investment Management team.

In the rush to offer mobile banking to as many customers as possible, several banks have taken a fragmented approach, making different apps for separate regions, customer bases and even different functions tied to the same account. But a startup says it doesn't have to be that way.

Without guarantees of security, Japan keeps Sony from relaunching PlayStation Network; identity theft operation shut down in Oakland; consumer trust in bank security on the rise.

With an eye on the nocturnal, then, NCR Corp. has developed its Aptra Interactive Teller, which uses a built-in camera to connect any customer to a human bank representative at a distant location, even late at night.

Two community banks have signed up for Secure Vault Payments, according to eWise Systems USA Inc., the Denver company working with Nacha, the electronic payments association, to offer the technology.

Security Incorporated Corp., an armored car operator in Michigan City, Ind., has agreed to offer Fiserv Inc.'s CorPoint: Deposit Manager product.

VeriFone Systems Inc. on Monday unveiled its Paymedia add-on for gas stations to allow them to accept new payment types and to present advertising on the pump's screen.

ChargeSmart, an online consumer bill-pay firm, and Plastic Jungle, an online card exchange, are working together to turn unspent gift cards into a new currency for online bill payment.

Dwolla Corp., an alternative payments provider, is developing technology to help banks cut fraud as they start allowing transactions from mobile devices — and also help them decide which mobile devices are worth investing in to begin with.