First Data

First Data Enterprises sealed a 10-year deal with Wells Fargo to process the banks credit and debit card portfolios.


Citi agreed to buy AT&T's Universal Card Services for $3.5 billion in cash.

Destiny Software

HNC Software and Destiny formed a strategic alliance to deliver real- time Internet credit decisioning products for financial services.


Nortel will incorporate VeriFone VeriSmart client/ server technology into its screen phones. Rollout is expected in mid-1998.


Diebold will buy back IBM's 30 percent stake in Interbold for less than $20 million, ending a seven-year partnership.


Hong Kong Bank installed Syntellect's Mondex smart card technology, part of the world's largest Mondex pilot with more than 50,000 cards issued in Hong Kong.


VeriFone and NEC will develop and market SET payments products in Japan. Sumitomo Credit will be the first to deploy.


Infinity Financial Technology licensed its Infinity 7 suite of enterprise trading and risk management applications to Donaldson, Lufkin & Jenrette.


The document and information management company will acquire Fulcrum Technologies, a software solutions company.

Bank of America

Mr.Payroll, The Kroger Company and BofA will install three facial biometric check cashing machines in the Dallas area.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.