Bank technology

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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Customers used a remote capture service developed for Apple Inc.'s iPhone to deposit $1.5 million into their accounts in the first three days after USAA Federal Savings Bank introduced it.

Small merchants look primarily to their banks, acquirers and merchant service providers for information about complying with the Payment Card Industry data security standards, according to a report released last week by ControlScan Inc., the National Retail Federation and PCI Knowledge Base LLC.

Facing increased pressure to improve their data security, a growing number of small and midsize banks are looking for outside help.

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NCR Corp. has agreed to resell document scanners from Document Capture Technologies Inc. that are used for remote deposit capture services.

Jack Henry & Associates expects its deal for Goldleaf Financial Solutions to contribute 2 to 4 cents per share to its earnings in fiscal 2010 and twice as much the next year, executives said Wednesday.

ProPay Inc. of Lehi, Utah, is offering very small merchants a portable credit card acceptance device that includes encryption capabilities, a feature that is rarely used today even at the biggest retailers.

Secret Service informant may be a serial offender; foreign social security numbers creating problems for U.S.; and more.

Bankers and their corporate clients are gearing up to redefine the standard for cash management reporting. Accredited Standards Committee X9 is to hold a conference call with several financial companies and corporations to discuss cash management standards.

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