Bank technology

Western Union Co. and the Canadian payments technology provider EnStream LP will test a person-to-person mobile transfer system starting in December.

Fifth Third Processing Solutions LLC has bought Springbok Services Inc.'s prepaid card processing business as part of Springbok's Chapter 11 bankruptcy proceedings.

Tainted Tweets? Twitter hit with malicious code virus; bank heist thwarted by quick thinking manager; authorities break up identity theft ring targeting immigrants; and more.

First Data Corp.'s partnership with a South Korean technology company will help strengthen the transaction processor's ability to support contactless payments initiated with mobile phones, according to an executive.

The cost to use Swift's main financial messaging service will drop significantly under a price reduction the cooperative announced last week.

Banks are betting PFM's mix of analysis and peer comparisons will prove just as sticky in the small-business market as it is for retail online banking.

BankSimple captured imaginations with the idea of low-frills, low-fee banking. Missing? A bank partner with the technological savvy to support the vision. That part's not so simple.

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More consumers are turning to banks' online bill-payment services to better control their finances in the rough economy, according to Fiserv Inc.

The Atlanta banking company is testing ModaSolutions Corp.'s eBillme, which lets merchants issue invoices for specific online sales that can be paid through a bank's bill-pay site.

The card-manufacturing startup Dynamics Inc. has developed payment cards that can change the information stored on magnetic stripes and erase the stripe data when a feature on the card is turned off.

Global Payments Inc. has agreed to distribute and support VeriFone Systems Inc.'s PayWare Mobile card-acceptance system in Canada.

The Cincinnati processor's deal to buy National Processing Co., announced Wednesday, would not add a lot of dollar volume but would expand Fifth Third's merchant roster, providing it with new cross-selling opportunities.

An online payments system that could help banks compete against alternative service providers like PayPal Inc. is getting the green light from Nacha.

JPMorgan Chase & Co., whose website failed today for the second time this week, will refund late fees and help fix other problems for 16.6 million online customers unable to access their accounts.

Millions of customers who bank online with JPMorgan Chase & Co. lost electronic access to their accounts for more than 22 hours as the company's website suffered an outage Monday and Tuesday.

JPMorgan Chase & Co. is trying to fix its consumer website after a failure late Monday left more than 16.5 million customers without access to online banking.

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Big banks are showing more interest in outsourcing, according to Fidelity National Information Services Inc.

Whole ATM-thefts on the rise; online scammers testing triggers of merchants' fraud rules; California hospital in hot water after failing to timely disclose a breach; and more.