Bank technology

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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.

New core processing systems are helping a growing number of banks achieve a longtime goal: a comprehensive view of their customers.

Card issuers within the past two years dramatically reduced consumers' borrowing capacity to cut the risk of losses during the recession, but new data suggests the bulk of the credit line decreases came from closing inactive card accounts, not slashing active borrowers' credit lines.

Viewpointe LLC of New York said UMB Financial Corp.'s UMB Bank has signed on for its check image exchange services.

The bank technology vendor S1 Corp. has agreed to refer clients to SurePayroll Inc. to provide online payroll services to small-business clients.

PayPal Inc. has hired an American Express Co. veteran, Leonard Shen, as its chief compliance officer.

JPMorgan Chase & Co. may soon, for the first time, let employees use iPhones for corporate e-mail, as an alternative to Research in Motion Ltd.'s BlackBerry, two people familiar with the situation said.

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