Bank technology

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The Federal Communications Commission's approval of a "Net neutrality" measure has financial services and technology executives concerned about the future of Web-based technology.

Flattr's refusal to cut off WikiLeaks underscores the raison d'etre for alt-pay firms: consumers want a way to send money to organizations that don't take conventional cards.

Flattr's refusal to cut off WikiLeaks underscores the raison d'etre for alt-pay firms: consumers want a way to send money to organizations that don't take conventional cards.

Re: "WikiLeaks, Amazon & You: Will Banks Hesitate in the Cloud?" [Dec. 9] The article indicates that institutions that adopt cloud-based solutions in the near term will do so by building their own private infrastructures. Though I understand the motivation, financial institutions do not need to build expensive systems on their own.

Amazon.com unaffected by Operation Payback due to Akamai's excess server capacity; new Google service lets users know if a website has been hacked; predictive modeling to track Medicare claims fraud; and more.

Heathrow Express has come out with a free application that lets consumers purchase train tickets that can be presented directly from their mobile phones.

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Contrary to expectations, the Federal Reserve Board's draft report on debit interchange did not resolve the debate on the cost of fraud in card payments.

EMC Corp., a security technology company, has started a service to help merchants achieve compliance with the Payment Card Industry Data Security Standard.

An advertising company that offers Facebook Inc. credits to people who buy certain products said it has expanded its reach to more than 80 million users.

First Data Corp. said more than 100,000 U.S. merchants are handling tractions through the TransArmor security service it launched in early September.

Though debit issuers' share prices suffered last week after the Federal Reserve Board proposed its cap on interchange fees, investors then favored automated teller machine makers in anticipation of a shift to cash.

Prosper Marketplace has decided it no longer wants to be the eBay of lending and is abandoning the auction-style model it has used to establish interest rates for its loans.

The board of directors of Ingenico SA earlier today rejected an unsolicited, nonbinding offer to acquire the French terminal maker.

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Wells Fargo & Co. aims to help consumers navigate their finances more easily with its My Money Map personal financial management system.

Ingenico SA said it has received a nonbinding stock offer in a deal whose value could approach $1.9 billion. The French terminal maker would not say who made the bid.

Ingenico SA said it has received a nonbinding stock offer in a deal whose value could approach $1.9 billion. The French terminal maker would not say who made the bid.

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