Headlines:
Huntington Fine-Tunes for Image Clearing
Huntington National Bank of Columbus, Ohio, plans to begin clearing checks with digital images this year, but an executive says it has to update some of its systems first.
Ted Kute, the Huntington Bancshares Inc. unit's senior vice president of operations, said it retained Unisys Corp. more than a year ago to analyze its processes using Unisys' 3D Blueprinting methodology (Huntington later bought the Blue Bell, Pa., vendor's check image exchange hardware and software).
"We identified 100 or so processes that would be impacted. That's a lot of work to get ready," Mr. Kute said in an interview last week. Returns and reconciliation were the key areas that needed upgrading to support image processing, he said.
Huntington plans to install the software this year, test it with an exchange partner, then "use next year to ramp up the number of exchange partners we will be exchanging with," Mr. Kute said. 
Digital Insight Finishes Stock Buyback
Digital Insight Corp. said Tuesday that it had completed the stock repurchase program it announced Oct. 21.
The online banking outsourcer bought about 1.5 million shares, including 1.3 million this month, for $25 million (an average cost of $16.60).
The Calabasas, Calif., company said in its fourth-quarter earnings report last month that its balance sheet - assets of $377 million, including $75 million in cash - had never been stronger.
Jeff Stiefler, Digital's president and chief executive, said told American Banker in February that he had considered acquisitions but decided instead to focus instead on accumulating shares.
