Technology
Technology
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Net interest margins came under severe pressure in the third quarter as the yield curve flattened and banks absorbed a surge of deposits. This interactive graphic displays key metrics for large bank holding companies that offer insight on which ones fared better than others.
October 5 -
A regional rural bank in India on Sept. 29 launched a trial to test a new mobile-based version of India’s Kisan credit card, which farmers use to buy equipment and products such as fertilizer and seeds at a lower interest rate.
October 5 -
New regulations that are sweeping across the banking industry, particularly the Durbin amendment to the Dodd/Frank Act, have financial institutions and other card issuers scrambling to find alternative ways to boost fee income as traditional revenue streams tighten over time.
October 5 -
Passengers traveling by bus or train in Frankfurt, Germany, will have more options to pay for tickets using their mobile phones if they are carrying a Blackberry device when using the Rhein-Main Verkehrsverbund transportation system.
October 5 -
The launch of Amazon.com Inc.’s Kindle Fire in late September stoked the flames of the tablet war raging among providers such as Hewlett-Packard Co., Apple Inc., Research in Motion Inc. and Amazon Inc.
October 5 -
CAMP PENDLETON, Calif. – Pacific Marine CU has implemented DocuSign’s integrated solution with MeridianLink for electronic account openings and loan applications.
October 4 -
Controversy brewed in the Android Marketplace last week when Bank of America Corp. began rolling out a person-to-person payment feature in its mobile-banking application.
October 4 -
Apple Inc. is taking a pass on mobile payments for now as its new iPhone lacks a Near Field Communication chip.
October 4 -
OfficeMax Inc. customers may tap and pay using the Google Wallet mobile phone payment application at new checkout terminals the retailer has placed in more than 100 of its stores, the office-supply company announced Oct. 3.
October 4 -
Apriva LLC has released the Apriva Secure Communication Suite, which its ISS division designed to help secure mobile communications, the Scottsdale, Ariz.-based company announced Oct. 3.
October 4 -
Fees this year will surpass interest as the payment card industry’s largest income component for the first time, representing 52.7% of total revenue, according to R.K. Hammer, a Thousand Oaks, Calif.-based consultancy.
October 4 -
Many bank risk-management executives worry that credit card delinquency rates, which have been declining for more than two years, may begin to rise again soon if the economy does not improve, according to new FICO survey data.
October 3 -
Most banks design mobile sites as shrunken versions of online banking. Citigroup Inc.'s new website instead takes the lessons of mobile and blows them up for a bigger screen.
October 3 -
Banks are pushing mobile devices for payments, but an untapped–and more immediate–opportunity may involve using mobile phones to improve security on mainstream payment types, according to one security vendor.
October 3 -
BOULDER, Colo.-Elevations Credit Union is an eco-conscious operation in a community that values green companies, and now it is tapping technology to take a step toward a paperless environment.
October 3 -
ATLANTA – S1 Corp. announced this morning it has accepted a sweetened takeover offer from ACI Worldwide, after spurning ACI’s earlier bid.
October 3 -
Equifax's latest National Credit Trends Report indicates that the credit cycle has turned as new credit growth continues, with higher loan volumes on a 2011 year-to-date basis for multiple lending markets including: Automotive, Bankcard, Consumer Finance and Retail Card.
October 3 -
A wider availability of smartphones combined with more contactless acceptance at merchant locations should generate some $71 billion in Near Field Communication-enabled mobile payments worldwide by 2015, new research suggests.
September 30 -
ANCHORAGE, Alaska – Alaska USA FCU on Thursday said it has released a free mobile access app for iPhone and Android devices.
September 29 - PSO content
EMV chip card directives in the U.S. and China also should drive significant global growth in contactless smart card orders, new research suggests.
September 29


