Technology
Technology
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Bank of America has nearly three dozen patents pending related to blockchains. More banks are expected to seek patents as the technology associated with cryptocurrencies creeps closer to widespread use.
February 1 -
Bank of America is preparing to submit 20 blockchain-related patents any day now to the U.S. Patent and Trademark Office, CNBC reported last week, citing a company spokesperson.
February 1 -
ExxonMobil has expanded the rewards program on its store-branded credit cards, to provide a larger discount on fuel sales.
February 1 -
United Nations Federal Credit Union in New York has tapped Fiserv to be its core processor.
February 1 -
The best customer prospects are specific individuals, so don't fall into the trap laid by surveys and articles that recommend a grand pitch to Generation Y as a marketing strategy.
February 1 -
On the surface, traditional bankers and third-party disruptors may not always have the same approaches in mind, but the gap between their goals and how to go about it is increasingly getting smaller.
February 1 -
Forced to find effective ways to authenticate customers, companies are evaluating physical biometrics for web passwords. But in the mad rush for alternatives to fight account takeover, could we be making the problem worse?
February 1 -
Univest believes its subscription-based pricing model may have solved a persistent fee conundrum charging small-business customers for various services without irking them.
January 31 -
HSBC is testing a new money management app that uses push notifications to nudge customers into saving more and spending less.
January 29 -
It's easier than ever for consumers to take out personal loans to pay down high-cost debt or fund big-ticket purchases, and two new studies show that they are taking full advantage of their options.
January 29 -
HSBC said a cyber attack temporarily shut down its Internet banking on Friday, the second time the bank's online services have been disrupted in the U.K. this month.
January 29 -
Barclays is reportedly informing customers that it is planning to post an update to its U.K. website and through Twitter to indicate when it will support Apple Pay.
January 29 -
The digitizing of payment transactions has become important enough at Visa and MasterCard to remain a top investment priority, even as the networks brace for the economic fallout of collapsing oil prices and volatile stock markets.
January 29 -
MONETT, Mo. Financial services technology provider Jack Henry & Associates Inc., along with its Symitar division, are joint recipients of the Business Partner of the Year Award from Member Driven Technologies.
January 29 -
The potential for more convergence between financial products and physical products raises a whole host of data and privacy issues that banks must deal with proactively.
January 29 -
The rush to be a "one stop shop" for merchants by bundling mobile, Web and in-store payment technology is prompting many companies to join forces, resulting in several high-priced mergers and acquisitions in recent years.
January 29 -
MasterCard Inc., the second-largest U.S. payments network, said fourth-quarter profit rose 11 percent as consumer card spending climbed.
January 29 - PSO content
It can't be labeled simply as a faster payments initiative or even an attempt to rework cross-border payments rails, but Swift's Global Payments Innovation initiative is definitely on a fast track.
January 29 -
Many people in the payments industry believe stolen payment card industry data will diminish in its black market value as EMV approaches ubiquity across U.S. retailers. That's not the case.
January 29 -
Bank of America announced Thursday that it customers can now suspend their debit cards temporarily; it is the first of several new features the bank has planned for 2016 after it tripled its digital banking budget.
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