Technology
Technology
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Small banks already face a mobile-banking adoption deficit to their larger competitors, but some community institutions are still questioning the channel's safety, weighing emerging security threats against consumer expectations of new mobile banking services.
February 14 -
Google Inc.'s mobile wallet is getting a lot of attention, but from the wrong crowd –security experts.
February 14 -
Consumers trust PayPal Inc. about as much or more than well-established payment networks such as Visa Inc. or MasterCard Worldwide when it comes to emerging mobile payments, but they place the most trust in their bank, new survey data suggest.
February 13 -
Belgian national mail operator bpost has implemented Fiserv Inc.'s AML Manager for its domestic and international funds transfers.
February 13 -
Dramatic growth in transaction volume fueled by various new partnerships helped Monitise PLC to report significant gains in revenue and a profit for the second half of 2011, the London-based mobile-money services company reported Feb. 13.
February 13 - PSO content
A Chicago collection agency has reclaimed more than $287,000 in delinquent Winnebago County, Illinois court fines in six weeks but many residents are complaining they're being called for accounts they've already paid.
February 13 -
CHARLESTON, W.V.-Members can walk into WV United FCU, bypass the transaction slips, and pick up an iPad to submit electronic deposit and withdrawal requests.
February 13 -
SAN ANGELO, TEXAS-Members doubled their spending-and transactions tripled-after Concho Educators FCU here offered an online and mobile debit rewards program in September.
February 13 -
LIVERMORE, Calif.-Operating Engineers FCU here is making short work of some compliance tasks with the help of an electronic workflow engine.
February 13 -
SEATTLE-There's less bellyaching about disclosures, risk management and reporting on dealership auto loans at Prevail and Sierra Central credit unions, thanks to compliance automation.
February 13 -
BELLEVUE, Neb.-SAC FCU here is preparing to allow small business members to conduct the riskiest of transactions online: high-volume ACH and wire transfers.
February 13 -
KINGSTON, N.Y.-Mid-Hudson Valley FCU's Internet sites are FFIEC compliant, no thanks to automation.
February 13 -
As of Feb. 8, customers in China no longer may top up their Alipay accounts using credit cards, according to a notice Alipay distributed to its customers.
February 13 -
Holding up his Apple Inc. iPhone, Bob Russo, general manager of the Payment Card Industry Security Standards Council, declares, "This is the most insecure device in the world, and my life is on it."
February 13 -
Bank of America Corp. says reports that circulated this morning saying the bank has delayed its launch of a mobile check-deposit application to the second half of 2012 are half true.
February 10 -
In a promotion taking place in New York, consumers may act on their impulses using mobile tags, such as bar codes and QR codes, to not only shop around with their camera phones but also to initiate purchases while riding in certain taxis.
February 10 - PSO content
After this interview, on Feb. 9 the New York Times published a story noting that some Citi customers using their iPads to settle their cable bill or mortgage payment actually paid twice because of an apparent glitch (see story).
February 10 -
GREENSBORO, N.C. – Summit CU said it has signed a multi-year agreement with Connect Financial Software Solutions for mobile banking and mobile remote deposit capture.
February 9 -
Bank of America customers in upstate New York were issued new debit and credit cards after a third-party breach possibly compromised their information.
February 9 -
Bankcard charge-offs rates are still riding near their lowest levels ever, but the wind is shifting slightly for private-label retail credit cards.
February 9


