The initial public offering of Carreker-Antinori last week raised the profile-and the war chest-of a company bent on transforming the nation's payment system from paper to electronics.

The Dallas company and some of its stockholders sold 5.1 million shares to the public, at $11 apiece. The company said it would use the proceeds- about $36 million-for international expansion and general corporate purposes.

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.