Bank technology

Tightwad Bank, a $17.1 million-asset operating unit of RSB Financial Inc. in Mission Hills, Kan., has developed an informational Web site using design and hosting services from Goldleaf Financial Solutions Inc.

Kiwibank Ltd., New Zealand's state-owned bank, is using software from Postilion, a division of S1 Corp., for processing electronic funds transfers.

In online payments, Amazon.com Inc. is gunning for Google Inc.

The Dallas security software vendor Entrust Inc., which has agreed to sell itself to the private-equity firm Thoma Bravo LLC, attracted three more suitors during its "go-shop" period, which ended last week.

Cardtronics Inc. has nearly completed the transition to in-house processing for its automated teller machines and is planning to offer the same service to banks that want the company to manage their ATM networks.

GMAC LLC, the troubled lender partly owned by General Motors Corp., is pursuing retail banking customers with a new online bank.

The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.

Sometimes what you do know can hurt you.

Factors contributing to the downfall of the financial industry have been discussed ad nauseam and I suspect will continue to be debated well into the future. While I agree that identifying the root cause is necessary to ensure history does not repeat itself, financial institutions must begin the recovery process by getting back to business and back to basics.

CashEdge Inc. announced Wednesday that BNP Paribas SA's Bank of the West in San Francisco has begun offering the vendor's online account opening and funding application to its retail banking customers.

Billeo Inc. of Santa Clara, Calif., said Wednesday that it has developed a version of its online bill payment software for Apple Inc.'s Macintosh personal computers.

Canopy Financial Inc., a San Francisco provider of accounting systems for health savings accounts and other consumer-directed health care tools, said Wednesday that it is planning to offer its mobile software to users of Apple Inc.'s iPhone and iPod Touch devices.

Recognizing that storing check images has become a commodity service, the Federal Reserve banks are preparing to transfer their archive operations to Viewpointe LLC.

The National Bank of Ras Al-Khaimah in Dubai has agreed to use automated teller machine management software from S1 Corp.'s Postilion division.

Tinker Federal Credit Union of Oklahoma City has agreed to use Online Resources Corp.'s account-opening and lending applications.

Prosper Marketplace Inc. has again stopped allowing people to request loans on its Web site, which facilitates loans between individuals.