Steve Bills

Legacy Bank of Florida, a $276 million-asset start-up in Boca Raton, is now using the WireXchange automated wire transfer system, the technology vendor Fiserv Inc. announced.

MasterCard Inc. is expanding its corporate travel and expense management business with an eye toward stealing share from market leader American Express Co.

JPMorgan Chase & Co. announced Wednesday that it has expanded its U.S Dollar Clearing-Asia Direct service to include banks in Japan.

Wal-Mart Stores Inc. says it plans to step up the marketing of its financial services offerings as it rounds out its suite of services.

Premier America Credit Union has selected Optria Kinetique software to generate user-defined, real-time alerts to its members, the vendor Optria LLC in Orlando announced Monday.

MasterCard Inc. announced an alliance Monday to offer a travel and expense management service using technology from CyberShift Inc. in Parsippany, N.J.

Lorain National Bank selected VINtek in December and began implementation earlier this year of the vendor's electronic lien and title technology.

UMB Financial is installing Advantage Fee software from Fiserv to streamline billing activities in its investment management units, Fiserv plans to announce today.

Facing increased pressure to improve their data security, a growing number of small and midsize banks are looking for outside help.

Jack Henry & Associates expects its deal for Goldleaf Financial Solutions to contribute 2 to 4 cents per share to its earnings in fiscal 2010 and twice as much the next year, executives said Wednesday.

Bankers and their corporate clients are gearing up to redefine the standard for cash management reporting. Accredited Standards Committee X9 is to hold a conference call with several financial companies and corporations to discuss cash management standards.

Doing just one thing well is no longer good enough for payments processors serving community banks. That was the thinking behind Jack Henry & Associates Inc.'s deal to buy Goldleaf Financial Solutions Inc.

The mortgage technology firm FNC Inc. in Oxford, Miss., has entered a three-year agreement with U.S. Bancorp's Elavon merchant acquiring unit aimed at helping FNC's loan-originating customers comply with new requirements imposed earlier this year by Fannie Mae and Freddie Mac.

First Data Corp. expects its new joint venture with Bank of America Corp. to contribute $300 million to its revenue in the second half of this year and $700 million in 2010, Michael D. Capellas, its chairman and chief executive officer, said Friday.

Banks are taking a new approach to automating business-to-business payments, handing off long-held proprietary systems to third parties that can potentially attract more corporate users — and more transaction fees.

PNC Financial Services Group Inc. is planning to move some electronic transaction processing services of its National City Corp. unit to First Data Corp., the Denver processor said Tuesday.

The mobile payments company Mocapay announced Monday that Maiberry, a Boulder, Colo., retailer specializing in all-natural and organic frozen yogurt products, had chosen it for a mobile marketing campaign.

HSBC Bank USA is enlisting bloggers as part of its new marketing campaign. The U.S. operating unit of HSBC Holdings of London has set up a Web site, ValuesSoapbox.com, and has recruited four prolific commenters from the nymag.com site.

A Chicago start-up, GreenChoice Bank, has selected Fiserv Inc.'s Premier core-account system and a variety of other nearly paperless services, the Brookfield, Wis., vendor plans to announce today.

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