Bank technology

Endeca Technologies Inc. said its Endeca Mobile Commerce system is being used by Sallie Mae's Upromise for mobile rewards.

Banks have shied away from touting the substantial security benefits of NFC for mobile, possibly to refrain from highlighting how insecure magnetic stripe cards have become.

Lenders must leverage technology, integrating compliance issues into systems such that compliance is a natural part of the workflow from loan origination to secondary marketing.

Fiserv Inc.'s shares dipped slightly in after-hours trading Wednesday after the banking technology vendor reported earnings that missed analysts' estimates.

Even the most useful banking apps won't get as much play as Angry Birds. But bankers can learn from popular games and use similar technology as part of their customer interactions.

There are more indications that card data was obtained by fraudsters after the data breach at Sony's PlayStation Network.

There are more indications that card data was obtained by fraudsters after the data breach at Sony's PlayStation Network.

Sony has warned its video-game console users that their credit card information might have been compromised in a recent breach that affected the PlayStation's online network.

Sony said a hacker had obtained customer information, possibly including credit-card numbers, of members of its online PlayStation Network.

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Citigroup Inc.'s Global Transaction Services unit said it has successfully completed cross-certification of an identity authorization process for outside entities working with the federal government.

Sony faced with an "external intrusion" that led to a shutdown of its PlayStation network; iPhones and Android phones have been found to spy on users' location; and more.

PNC Financial Services Group Inc. is using software from Harland Financial Solutions for managing commercial credit relationships.

Alliance Data Systems Corp. is expanding its Epsilon marketing business through a $345 million acquisition after the unit suffered a large data breach last month.

Calyx Software says it has resolved an issue with its point of sale mortgage origination software that was causing some entries on the good-faith-estimate disclosure document to disappear.

Big banks may have the deep pockets to subsidize financial literacy programs, but it's the smaller banks that may actually benefit the most from sponsoring such instruction.

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Seeking to reassure investors that the effects of the recent cyberattack on the email marketing operations of its Epsilon unit will be minimal, Alliance Data Systems Corp.'s chief told analysts that the event has not resulted in any significant falloff in business.

The bank technology vendor launched its Referral Engine in an attempt to improve the efficiency and reach of retail banks that are trying to acquire new customers through referrals.

Over the next few weeks B of A plans to roll out revised versions of these apps, with more of a focus on under-the-hood improvements than on flashy new features.