Bank technology

Google employee pressuring Microsoft to fix a potentially harmful bug; retailers' online chat raises security concerns; woman accused of theft the old-fashioned way; and more.

First National Bank of Omaha is offering a rewards program from Cardlytics that lets customers access merchant offers through First National's FNBO Direct online banking service.

A prepaid card company is trying to drive down fraud with an application that replaces plastic cards with virtual accounts that users access with mobile phones.

A prepaid card company is trying to drive down fraud with an application that replaces plastic cards with virtual accounts that users access with mobile phones.

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UMassFive College Federal Credit Union has selected ACH Federal to provide back-end automated clearing house software to enable members to pay their loans by phone.

People who use Exxon Mobil Corp.'s proprietary Personal Card to purchase gas at Exxon and Mobil service stations can receive gift certificates for Restaurant.com under a promotion the petroleum retailer announced Sept. 1.

Inner Fence, which makes the Credit Card Terminal app for Apple Inc.'s iPhone, said it is now shipping the Credit Card Reader, which attaches to an iPhone's dock connector.

Cielo SA, a Brazilian merchant acquirer with approximately 1.2 million active merchant accounts, has agreed to buy 30,000 Optimum T4205 point of sale terminals from Hypercom Corp.

Experts say that Android is the hottest smartphone for mobile banking, but when it comes to payments, the Seattle coffee retailer, which released its newest app Wednesday, hopes there is still a big opportunity in the increasingly neglected BlackBerry.

The title insurance company Fidelity National Financial Inc. plans to expand its mortgage services with the acquisition of the software company Commerce Velocity.

Microsoft Corp. and Temenos Group AG said Wednesday that they have completed a benchmark test that shows their technology can handle being deployed with banks.

The Defiance, Ohio, bank holding company said Monday in a filing with the Securities and Exchange Commission that it is not in compliance with listing requirements for the Nasdaq Stock Market LLC because it is late filing its most recent quarterly report.

A San Francisco startup is offering a mobile phone payment system based on bar codes, on the assumption that wireless carriers and merchants will continue to resist near-field communication technology.

VeriFone Systems Inc. said it has bought a small Boston payments technology company in an effort to attract more merchant users to its mobile payment system.

Information and peer analysis won't eliminate business worries, but financial firms cultivating small business customers believe online access to actionable performance and spending data will ease the minds of recession-weary clients.

Getting skeptical small business customers on board with remote and mobile deposit capture is a worthy goal, but it may require overcoming about a billion hurdles. These are the customers that write 70 percent of the paper checks still in the system, but also the ones most worried about the $1 billion in check fraud losses the American Bankers Association found in 2008. "A lot of our [bank] customers are very skeptical of RDC," says Aaron Calipari, director, product management at FIS. They're not the only ones. The Federal Financial Institutions Examination Council issued guidance last year warning banks that check alteration, forging and counterfeiting risks could increase with the implementation of remote deposit capture technology, and warned that bank regulators would be looking closely at how banks addressed these risks.

The fact that Quantum National Bank was able to use a product called Gladiator RTA to locate and avert losses due to outbound connections made by internal malware didn't make the specter of potentially severe losses any less frightening.

Target Corp. is offering consumers prepaid Target gift cards in exchange for used electronics, as part of a campaign to encourage recycling.

An inventor claiming to hold a patent on nonfinancial functions delivered through automated teller machines is stepping up his legal dispute with Cardtronics Inc.