Technology
Technology
- PSO content
Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.
August 12 -
When the card networks' October deadline for EMV-chip card adoption arrives, things will likely have changed very little compared to how they are today.
August 12 -
Genisys Credit Union, which provides services to anyone who lives or works in the Lower Peninsula of Michigan, on Tuesday reported it successfully completed a system conversion to finalize the consolidation of Tri-Pointe Community Credit Union.
August 11 -
In the heavily competitive mobile payments market, the fastest way to lose is to pin all hopes on one vendor. Rite Aid learned this lesson the hard way as a participant in the Merchant Customer Exchange, a multi-retailer mobile payments initiative that demanded exclusivity from its partners.
August 11 - Michigan
LOC Federal Credit Union converted its core processing to Symitar Episys via a solution owned by Member Driven Technologies (MDT).
August 11 -
Western Union has added several European countries to its WU.com online money transfer service, using an omni-channel strategy to fuel its expansion.
August 11 -
Anthony Murgio, who is accused of running a Bitcoin exchange that laundered money and who has been linked to one of the largest bank hacks in U.S. history, can remain free on $100,000 bail.
August 11 -
The technology vendor Nymi is drawing the attention of major companies like MasterCard and TD Bank, which are testing its contactless payments device that authenticates users by detecting their heartbeat.
August 11 -
When cardmaker American Banknote (ABnote) CIO John Ekers discussed his company's Apple Passbook Android clone last week, he observed that "in the last 3-4 weeks, we're getting a lot more interest in limited use keys (LUK)," which is the first element of tokenization.
August 11 -
Blockchain technology is garnering a lot of buzz these daysand with good reason. Enthusiasts are experimenting with ways to apply the technology to everything from secure digital voting systems and stock exchanges to music distribution, smart contracts, and health records.
August 11 -
Envestnet in Chicago has agreed to buy Yodlee, the operator of a personal finance management and bill payment platform.
August 10 -
Community Trust in Ruston, La., took the rare step of replacing its hodgepodge legacy core system. The move should cut processing costs in half. In the meantime, the bank's taking a lot of calls from confused customers.
August 10 -
Amex has a track record of quickly embracing mobile technology, and Mondays move to enable Apple Pay for corporate card payments is no exception.
August 10 -
Fraudsters, anticipating the U.S. shift to EMV security at the point of sale, are busy looking for ways to hack into the e-commerce sites and consumer bank accounts that will be unaffected by the change in payment card security.
August 10 -
Mobile payments are quickly becoming an integral part of consumers daily lives. In order for businesses to stay competitive, its important for them to stay on top of the trends in the industry.
August 10 -
Cardmaker American Banknote (ABnote) is pushing a package the vendor says makes it is easy to deliver Apple Passbook functionality on Android devices.
August 7 - PSO content
Standard Treasury team joined SVB Financial's information technology team this week to help it expand the bank's digital banking platform.
August 7 -
The first version of the Samsung mobile wallet is nothing like the Samsung Pay that is now making its way to handsets. But the one consistent theme in Samsung's strategy is to be the first to experiment with new technologies.
August 7 -
Many payment companies are hosting hackathons to attract developer talent from outside their own ranks; MasterCard found that its own people are just as eager to bring their ideas to life.
August 7 -
Tangerine Bank, the former Canadian operation of ING Direct, is creating and testing applications on IBM's Bluemix cloud software environment at a facility in Toronto.
August 6



