Technology
Technology
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At the recent Mobile Banking Summit here, a question bankers raised several times was: How do we make money from this channel?
July 1 -
The trend of banks kitting out their branches with tablets continues. The hardware, however, is requiring a new skill set of branch personnel: demo digital banking channels so customers know what other channel options exist and learn how to interact with the bank beyond the branch.
July 1 -
Mobile Picture Pay, a new service that lets end-users take pictures of bills to make payments, showed "impressive" results in April, according to a new study from Malauzai Software, Inc.
July 1 -
A new study suggests that offering real-time payments can increase banking convenience and help consumers better manage their financial lives.
July 1 -
San Diego County CU has introduced a new capability for its mobile technology that allows Visa card holders to transfer their credit card accounts from other financial institutions to a San Diego County CU Visa credit card.
July 1 -
Card processor and merchant acquirer Clearent is working with Reward4Schools to help the Missouri-based community rewards provider reach a national audience.
July 1 -
As Citigroup has gotten acclimated with person-to-person payments, it's starting to loosen the restrictions on Popmoney, the Fiserv technology it offers to online banking customers.
July 1 -
Big banks are developing a system to make mobile wallets more secure by walling off customer account information from merchants and other third parties. Citigroup, U.S. Bancorp and other members of The Clearing House, an industry trade group, are jointly working on the technology. Their aim is to address some of the rampant data-security concerns surrounding digital payments. The system, dubbed Secure Cloud, essentially aims to provide a protective layer to customers who use the mobile
June 30 -
ALBUQUERQUE, N.M. The CU Association of New Mexico has partnered with computer game maker Media Genesis to create a game for iPhones and iPads to add value to its Kirby Kangaroo Club, a program that introduces kids to savings.
June 30 -
Square Inc. has ended its gift card service, according to a report from Reuters, about half a year after launching the program.
June 28 -
Birch Coffee has used Square's mobile card reader for its delivery service for about two years, and was one of the first to switch to the new Square Market e-commerce site ahead its launch.
June 28 -
MasterCard has begun offering U.S. merchants and developers Simplify Commerce, a product of MasterCard labs, the Purchase, N.Y. card network's research and development lab.
June 28 -
Payments startup Clinkle has attracted a long roster of Silicon Valley investors for its new payments technology, which is expected to debut within the next year.
June 28 -
CCBill has developed a portal to help merchants analyze data produced by payments to spot purchasing patterns and other trends that can tie past transactions to future business strategy.
June 28 -
WICHITA, Kan. Meritrust CU has deployed Talari Networks Mercury APN (Adaptive Private Networking) WAN appliances across its 14 branch locations, corporate office and call center, which serves its more than 75,000 members.
June 27 -
It's been an eventful year so far in the payments industry. Exciting new technologies, dramatic executive turnover and ongoing courtroom drama have defined 2013's first six months.
June 27 -
When federal and state government agencies supplement direct deposit with an option to receive funds loaded on a prepaid debit card, they lower costs, improve security and enhance services by replacing traditional checks, concludes a report issued this week by the Association of Government Accountants.
June 27 -
Webster Bank's plotting its move into mobile payments, and part of its strategy is to let others make the mistakes, particularly when it comes to tapping payments data for purposes such as marketing.
June 27 -
Space travel and tourism are achievable dreams for the near future, and PayPal aims to reach the final frontier before its rivals do.
June 27 -
Square Inc. has hired Gokul Rajaram to head software development for the Square Register app as the company's Product Engineering Lead.
June 27



