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Bankers Watch for Cues in Mobile Banking Rollout By Steve Bills Bankers say that this is the year when they hope to get a look at how, or whether, consumers [...]

Byline: Will Wade and Steve Bills The hardware works, and consumers worldwide think it's a cool idea. Still, near-field communication chips have made about zero progress morphing mobile phones into [...]

Byline: Steve Bills and Will Wade The hardware works, and consumers worldwide think it's a cool idea. Still, near-field communication chips have made about zero progress morphing mobile phones into [...]

Byline: Steve Bills U.S. Bancorp has hired Total System Services Inc. to provide card processing services for its consumer-directed health-care benefit cards. Under the agreement announced Tuesday, TSYS said U.S. [...]

Byline: Steve Bills Citigroup Inc. announced Thursday that it has integrated credit card account information into its downloadable Citi Mobile application for the Apple Inc. iPhone. Citi said the card [...]

Byline: Steve Bills Staring at the potential loss of billions in overdraft fees, some banks are generating income by abandoning the commoditylike nature of checking accounts. Executives say that accounts [...]

Byline: Steve Bills A new entrant in the tax-payment business is playing the price card to compete against two established companies. RBS WorldPay Inc. announced the Tuesday its payUSAtax service, [...]

Byline: Steve Bills Fiserv Inc. has a new integrated cash deposit system that its customer banks can offer to corporate banking customers in the retailer segment. The Brookfield, Wis., financial [...]

Byline: Steve Bills JPMorgan Chase & Co., already a dominant provider of payment automation services for large corporate clients, is trying to extend its reach to smaller companies. The New [...]

Byline: Steve Bills Del R. Tonguette, a consultant in New Albany, Ohio, and longtime debit industry executive, died Saturday, apparently of a stroke exacerbated by blood thinners, his wife, Diane, [...]

Byline: Steve Bills Does the world need another automated clearing house processor? The founders of a start-up outsourcer, ACH Federal LLC of Chattanooga, Tenn., say it does. Clint Blaylock, the [...]

Byline: Steve Bills The British wireless operator Orange on Thursday launched a contactless credit card, co-branded with Barclaycard, that features text-message alerts and financial-management tools. Orange, a brand of the [...]

Byline: Steve Bills The card processor Total System Services Inc. on Thursday announced an agreement to provide payment services to Degussa Bank GmbH's corporate and business clients. The Columbus, Ga., [...]

Byline: Steve Bills SunTrust Banks Inc. has completed the move of its automated teller machine network to its main datacommunication system, the payments software vendor ACI Worldwide Inc. announced Wednesday. [...]

Byline: Steve Bills Jack Henry & Associates Inc. announced Wednesday that First Hope Bank in Hope, N.J., has completed the in-house installation of the vendor's SilverLake System for core processing. [...]

Byline: Steve Bills Fundtech Ltd. said Wednesday that it expects 2010 earnings of between 32 cents and 42 cents a share and revenue of between $132 million and $135 million. [...]

Byline: Steve Bills Count the merchant acquirer First American Payment Systems LP among the U.S. payment processors looking abroad for growth. The Fort Worth company said Tuesday that it has [...]

Byline: Steve Bills At the start of 2009, consumers said, almost timidly, that it would be nice to be able to manage their bank accounts with mobile phones. Now, they [...]

Byline: Steve Bills The card company Discover Financial Services Inc. has extended through 2015 an information technology outsourcing agreement with International Business Machines Corp. Under the agreement, IBM, an Armonk, [...]

An online payment start-up, WePay Inc., has raised $1.65 million from the venture capital firm August Capital in Menlo Park, Calif., and a group of angel investors, including Max Levchin, [...]

UniRush LLC announced its prepaid RushCard has added a card-to-card funds transfer feature for users who want to transfer money between prepaid Visa RushCards. Holders can execute the transfers at [...]

Moneta Corp., an online alternative-payment processor, is introducing a new way for its bank customers to use its automated clearing house payment rails - for credit charges. The Atlanta company, [...]

Monitise PLC, the British mobile banking vendor, says it plans a broader push next year into mobile retailing, initially in the United Kingdom, then across Europe and in the United [...]

When it comes to winning the banking business of small companies, top-rated banks use a variety of strategies. Citizens Financial Group Inc. applies technology and training for its staff, as [...]

By letting businesses pay each other with card accounts, Bank of New York Mellon Corp. says it can profitably ease the inherent tension between suppliers, which want to be paid [...]

The alternative-payment processor mPayy Inc. on Thursday announced a mobile payment app for handsets that run the Android operating system from Google Inc. 'We realize we're a little ahead of [...]

A new Twitter-like microblogging service has launched with 100 users, based on the premise that people will want to publish details of the purchases they make with their credit cards, [...]

One more person-to-person payment application for mobile devices might seem merely like incremental progress toward mobile payments, but it demonstrates the increasing pressure to make phones into financial tools, analysts [...]

The British financial industry wants to eliminate paper checks by 2018. The board of the U.K. Payments Council voted Wednesday to set Oct. 31, 2018, as the target date to [...]

Automated collections have emerged as an important growth opportunity for the banking vendor Online Resources Corp., but the long-term gains may not come fast enough to satisfy a dissident shareholder [...]

ISGN Solutions,a unit of ISGN Corp.,announced Monday that it has completed its acquisition of the loan fulfillment services business from the financial technology providerFiserv Inc. ISGN, of Bensalem, Pa., said [...]

Obopay Inc. announced Monday that Essar Group of Mumbai, India, has selected its mobile phone payment technology for use by its Essar Telecom Kenya unit. The unit was launched this [...]

Co-op Financial Services announced a partnership Monday with the automated teller machine maker NCR Corp. to offer a suite of managed services to credit unions that want to outsource their [...]

For banks using Twitter to reach customers, generic is out, targeted is in. Though Twitter Inc.'s service is designed to communicate with a vast, online audience, some financial companies are [...]

Fidelity National Information Services Inc. says it expects a return to growth in 2010 as bank spending on technology improves in the second half of the year. The Jacksonville, Fla., [...]

Fundtech Ltd., a maker of banking software for corporate cash management and foreign exchange, announced a partnership Monday with VocaLink Ltd., the provider of the central infrastructure for the British [...]

It's not all about the iPhone. It just seems that way. USAA Federal Savings Bank in San Antonio has made Apple Inc.'s popular mobile device a key part of its [...]

Consumers are ready for mobile banking, and are starting to get impatient if their banks donot offer it, according to a pair of reports released this week. 'Adoption and usage [...]

Anticipating a surge in 'native electronic payments,' The Clearing House Payments Co. LLC is pursuing a sweeping reorganization and finally shutting the door for good on its original business - [...]

The Receivables Exchange LLC announced Tuesday that it has integrated its proprietary receivables trading platform with the Ariba Network platform operated by Ariba Inc. of Sunnyvale, Calif. The New Orleans [...]

The global financial cooperative Swift announced Tuesday that Union Credit Bankin Miami is using its Alliance Lite service to connect to SwiftNet. The low-cost connection, which employs Swift security credentials [...]

By acquiring Metavante Technologies Inc. and its extensive roster of small and midsize bank clients, Fidelity National Information Services Inc. has attained what is arguably the best view of the [...]

Tio Networks Corp. announced Monday that it will offer walk-in expedited bill payment at certain retail stores in metropolitan Atlanta so customers can pay bills fromGeorgia Power Co. Tio, of [...]

JPMorgan Chase & Co. announced enhancements Monday to its health savings account Web site.Chase HSA customers can now transfer funds directly from their checking or savings accounts to their HSA [...]

Smart safes, offering merchants deposit credit for cash that has not even left the store, are helping banks crack new markets. These safes, which are linked to banks' networks and [...]

Northern Trust Corp. plans to introduce a mobile banking application next year for institutional money managers and their clients. The application, which is being developed in-house, first for the Apple [...]

In MasterCard Inc.'s vision of the future, mobile phones have become versatile financial tools that offer a broad range of payments capabilities. This week, the Purchase, N.Y., company took several [...]

Nacha Gotcha Phishers will impersonate anyone to make a buck - even Nacha, the electronic payments association, an organization that is likely unknown to most consumers. The target of the [...]

Customers may soon be talking to a screen at the branch - instead of a person. Though video technology has been available for several years, banks have been wary about [...]

The nation's major private-sector check-image networks have agreed to standardize, by the end of 2010, the way they process payments, the Electronic Check Clearing House Organization, or Eccho, said last [...]