Bank technology

The New York banking company plans to expand its trade business into Asia and Latin America, which it says present more growth opportunities than North America and Europe.

With new rules likely to cut into banks' fee income, Fiserv Inc. is betting that financial companies will be more interested in technology that can spur customer adoption of online services and cut their costs.

The transfer company said Tuesday that its net income rose 0.4% year over year, to $221 million. Earnings per share rose 2 cents, to 33 cents, topping by a penny the average estimate of 27 analysts surveyed by Bloomberg News.

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Stuart Harvey Jr. is stepping down as the chief executive of Elavon Inc., and will be succeeded by Mike Passilla, the Atlanta processor's executive vice president for global business development.

Skimming devices have Denver motorists on red alert; researchers see weaknesses in WPA2 wireless format; feature on Safari browser may have security flaw; and more.

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Card-skimming attacks on automated teller machines remain a significant threat in most European countries, according to a report from the European ATM Security Team.

A Swedish taxi company is installing in its cabs 1,600 payment card terminals from Hypercom Corp.

Open Solutions Inc. said Monday that it has acquired Weiland Financial Group Inc., a Bannockburn, Ill., provider of account management software.

Debit issuers need "radical thinking" to generate more volume and more revenue from their cards, a survey report from First Data Corp. concluded.

In an incident that highlights the growing security challenges around wireless apps, Citigroup said its iPhone app accidentally saved personal account information in a hidden file on users' iPhones.

CreditCall Ltd. is developing a mobile-payment application to enable merchants to accept secure chip-and-PIN transactions on Blackberry and other smart phones, the United Kingdom-based payment processor announced last week.

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A start-up vendor aims to alleviate the chore of compliance with a variety of "nagware" applications that remind bankers when it's time to do something.

A start-up vendor aims to alleviate the chore of compliance with a variety of "nagware" applications that remind bankers when it's time to do something.

Datacard Group, a Minnetonka, Minn., provider of identification and card personalization services, has acquired longtime partner Datacard South Pacific Pty. Ltd.

Square Inc. is open to the idea of letting third parties distribute its mobile card-acceptance technology, according to executives.

Shares of eBay Inc. rose Thursday after the company's second-quarter results dispelled some of the fears that had weighed the stock down significantly over the past three months.

A Boston independent sales organization called Merchant Warehouse Inc. is betting that the financial reform regulations will spur merchants, and small ones in particular, to use software to find the lowest debit processing rates.