Technology
Technology
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While the average consumers banking and payment account information may not be considered as highly-sensitive as the "non official cover" list from Mission Impossible, multi-layer authentication is still the best way to fend off fraudsters.
August 13 -
Visa's newly established Bangalore-based technology development center is rebuilding Visa's presence in India, bringing fresh ideas to some older projects.
August 13 - Ohio
DoverPhila Credit Union, a Dover, Oh.-based credit union with more than 35,000 members, has started using CAMS-ii core processing software provided by R.C. Olmstead of Powell, Oh.
August 12 -
As technology becomes even more integral to nearly every aspect of running a credit union, more technology officers are finding themselves taking the reins as CEO. In this first of a series, CU Journal profiles FORUM CU CEO Doug True, who cut his teeth in IT.
August 12 -
The $9.1 billion acquisition of SunGard Data Systems would deepen FIS' bench in banking and asset management services and add products for capital markets, dovetailing with banks' desire to narrow the list of companies that serve them.
August 12 -
Payment and identification card company American Banknote (ABnote) and cloud-based payment company MeaWallet are partnering to create an open-loop mobile wallet for ABnote customers.
August 12 -
As CEO of the Merchant Customer Exchange (MCX) mobile wallet venture, Brian Mooney must remain calm as his company faces an increasingly stormy market with no product to show for its years-long efforts.
August 12 - 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



