Headlines:
Corillian Completes InteliData Buyout N.Y. Community Goes In-House, with S1 Vector Unveils Fed Compliance Systems
Corillian Completes InteliData Buyout
Corillian Corp. completed its acquisition of InteliData Technologies Corp. on Thursday after InteliData's shareholders gave their approval earlier in the day, a Corillian spokesman said.
Corillian, a vendor of online banking technology, is expected to announce the closing today.
The move resolves questions about the future of InteliData, which had said that if it did not find a buyer it might go out of business.
Corillian, of Hillsboro, Ore., announced the $20 million cash and stock deal in March and said during its earnings announcement last month that it remained enthusiastic about buying the online bill-payment software vendor.
When InteliData announced its second-quarter earnings this month it said that the being sold to Corillian was a life-or-death issue for the Reston, Va., company.
In its 10-Q filing, InteliData said: "In the event our merger with Corillian is not successful, we may be required to seek protection from our creditors. ... We may not be able to generate sufficient revenue to become profitable on a sustained basis, or at all." 
N.Y. Community Goes In-House, with S1
New York Community Bancorp Inc. plans to take operation of its automated teller machines in-house by installing S1 Corp.'s S1 Electronic Payment Management software.
The first of the Westbury company's 200 ATMs is to go live with the software in about a month. Currently its teller machines are operated by Consumer Network Services, a subsidiary of Fiserv Inc. of Brookfield, Wis., which will still do the machines' transaction processing.
New York Community's chief information officer, Robert Brown, said it decided that the in-house move, which was announced Monday, would be more efficient. "A lot of that talent was in-house already," he said.
The S1 product was formerly called Postilion. S1, of Atlanta, acquired Postilion's producer, Mosaic Software Holdings Ltd., in November of last year.
Vector Unveils Fed Compliance Systems
VectorSGI has developed a pair of scaled-down currency-management systems that it says will help smaller community banks and credit unions comply with Federal Reserve regulations expected to take effect in 2006.
The regulations would impose a fee on banks that ordered new cash from a Fed bank within five days of making a deposit.
Banks seek to minimize the amount of currency they hold in their vaults so that they can either invest the assets more profitably or meet their regulatory reserves. The difficulty is in tracking the inventory of cash at multiple sites while keeping enough on hand to handle customer transactions.
VectorSGI, a unit of Metavante Corp., announced the new systems Tuesday. It said they use an institution's own historical data to identify surplus cash.
The first, Vector:Cash Basic, is designed to manage up to 20 cash sites, including branches, automated teller machines, vaults, and cash centers. The other, Vector:Cash Deluxe, manages up to 200 cash sites.
Both are versions of Vector:Cash Premier, the original product targeting the nation's largest financial institutions, which manages thousands of sites.
A spokeswoman said all three versions can account for currency managed under the Fed's "custodial inventory" program, which has been in pilot testing. Under that program, an institution could retain currency in a segregated area of its own vault while transferring the asset's value to the Fed to meet reserve requirements.
VectorSGI, of Addison, Tex., was acquired last November by Metavante, the technology subsidiary of the Milwaukee banking company Marshall & Ilsley Corp.
