Bank technology

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.

Acculynk Inc. is changing the pitch around its e-commerce debit payment system as it anticipates the effects of interchange regulation.

Nimble third-party developers provide consumers services that mainstream banks have ignored, but being in the software vanguard also has its pitfalls. Ask Jeff Peiffer.

The hacker behind many of the data breaches in recent years claims he had the Fed's permission; pharmaceutical company says it too was affected by the breach at Epsilon; and more.

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Perimeter E-Security said Monday that CUNA Strategic Services Inc., a joint venture of the Credit Union National Association and the state leagues, has renewed its relationship with Perimeter for security and messaging services.

The security technology provider PhoneFactor Inc. announced Monday that its multifactor authentication service would be used by Proton Bank SA of Greece.

Financial Management Solutions Inc. has announced a version of its Lobby Tracking System for bank branches that runs on Apple Inc.'s iPad.

The Glastonbury, Conn., company said Monday that it is offering banks a suite of "on-demand services" for moving not only their core processing systems but individual programs used for loan origination, marketing, online banking and other functions, to its Global Operations Center.

The availability of NFC smartphones — an ingredient many say is necessary for mobile payments systems to take off — may be a less onerous problem by 2014, a report from Juniper Research said.

Called the National Strategy for Trusted Identities in Cyberspace, the policy, drafted last June, would create an "Identity Ecosystem" to enable consumers to obtain a single identity credential, described as a piece of software that could be stored on a smartphone, smart card or in a token.

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