Bank technology

MyECheck Inc. said the warranty provider Metropolitan Benefit Group has signed up to use its check-image payment system.

Reval.com Inc. has announced its purchase of the treasury software provider FXpress Corp.

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

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RBS WorldPay Inc. has announced that it and Value Payment Systems LLC will begin processing consumer and business tax payments for the Internal Revenue Service on Jan. 1 under a multiyear contract.

MasterCard Inc. said it has approved special card readers from four vendors for consumers to authenticate themselves online with chip cards.

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

Nokia Corp.'s unveiling of Nokia Money, a mobile payments system based on technology from Obopay Inc., is the latest step in Obopay's transformation from a U.S. payment service to a global payment platform.

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.

Virtual currency used to fight real-life fraud; anti-spamming companies attempting to take banks to court; study shows small businesses are the targets of fraud; and more.

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.

The Economic Development Administration of the Commerce Department has rejected an application by Columbus, Ga., for a $5.5 million grant to build a factory for NCR Corp. operations.

Monitise, a London developer of mobile banking software, said it would pay its partner VocaLink Ltd. nearly $2.5 million over the course of three years to take full ownership of Monilink, of which each had owned 50%.

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

Managing a loan portfolio does not need to be as complex as many make it, according to xplair Technology LLC, which has built an online system that provides visibility when it says investors need it most.

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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.

Intuit Inc.'s new alternative payment system does what few rivals dare to do: undercut the prices of market leader PayPal for most transactions.

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