Bank technology

A technology subsidiary of the holding company Rurban Financial Corp. must improve its capital position and strengthen operational oversight under a consent order with the Federal Reserve Board.

Online Resources Corp.'s shares fell more than 30% Wednesday morning after the banking technology vendor announced it turned its back on an unsolicited acquisition bid and reported a disappointing first-quarter earnings forecast.

Twitter settles with the FTC over privacy breaches; Microsoft to correct 'Zero Day' computer threat; cost of data breaches for companies continues to rise; and more.

TD Bank's redesigned checking lineup is widely varied but has a common thread — for five of its six new accounts, paper statements can cost a dollar a month.

Various e-communications solutions offer banks an easy method for identifying small-business customers within their retail customer accounts and marketing to them.

Intuit Inc. of Mountain View, Calif. announced Tuesday that it had made significant changes to the interface of its online banking product.

Google Inc.'s interest in near field communication technology, which it is testing in a payment trial, might be more about advertising than establishing its own payments network.

Continued global expansion of EMV smart card programs helped to drive revenue and profit growth last year for Gemalto NV's Secure Transactions unit, which includes banking cards, the French smart card vendor said.

Apple Inc. boasts that its iPhone "changes everything," but against the expectations of many bankers, it may not be changing payments — at least, not this year.

YESpay International Ltd. has released its application programming interface specifications that merchants may use to integrate YESpay's mobile services into their point of sale systems, the London payment-services provider announced.

The international energy company National Grid PLC has begun offering electronic bills to its U.S. customers through Fiserv Inc.'s e-Bill Distribution system.

Diebold Inc. said it would manage more than 1,100 automated teller machines in India for Axis Bank Ltd., the country's third-largest private-sector bank.

As the regulatory environment for risk and compliance grows more rigorous, banks are considering new technology to give them a more comprehensive view of their commercial portfolios.

According to a report from The Independent, a London paper, several sources at U.K. wireless carriers have said the fifth iPhone design would not include a near field communication chip for payments.

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Sage Payment Solutions Inc., the payments unit of Sage North America, said it has enhanced its virtual payment terminal to help small merchants better manage their payment process.

With online orders on the increase, Domino's Pizza Group Ltd. in the United Kingdom has decided to add PayPal Inc. as a payment method.

CHS Inc., an energy, grains and food company, plans to use Comdata Corp.'s Smart Solutions point of sale systems at its 1,400 convenience stores nationwide that operate under the Cenex brand.

A year after testing mobile capabilities with its customers, Wow Bao, an Asian restaurant with three Chicago locations, is planning to launch a mobile gift card program with Mocapay Inc. by the end of April.

A rise in technology spending from smaller banks and credit unions helped S1 Corp. in the fourth quarter, despite other challenges that led it to report a loss.