Bank technology

Wesabe Inc., which operates a Web site where consumers can manage their finances for free, is now selling its technology to banks and credit unions, so they can offer it to their customers on their own sites.

Kount Inc., a Boise, Idaho, company that makes antifraud technology, said it has filed a patent infringement lawsuit against iovation Inc.

Smarty Pig LLC, which helps banks provide online savings accounts with a social networking element, now lets users monitor their money through third-party financial management Web sites.

Dynamic Card Solutions LLC announced Monday that Franklin Bank and Trust Co. of Franklin, Ky., has installed the vendor's software and printers for instant issuance of unembossed Visa Inc. debit cards at its five branches in Franklin and Bowling Green.

The Mequon, Wis., lending technology vendor Mortgagebot LLC has bought the assets of the Netupdate loan-origination software platform and client base from Most Home Corp. of Vancouver, British Columbia.

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

Total System Services Inc. is beefing up in India.

Google Inc. is planning to increase most of the fees it charges merchant users of its Checkout payment system.

EBay Inc. hopes that combining the risk management strengths of its PayPal Inc. unit with new features designed to attract new types of users will help it become a global leader in online payments.

BB&T Corp. of Winston-Salem, N.C., has begun to use Fiserv Inc.'s Secure Lending service to deliver initial disclosures and other pre-closing documents electronically to borrowers.

JPMorgan Chase & Co. plans to increase its technology outsourcing to India and will manage the integration of systems from Washington Mutual Inc. and Bear Stearns Cos. in that country to bring down the cost of projects, the Economic Times of India reported.

In my conversations with bankers, the dreaded "second wave" of foreclosures comes up regularly.

Citigroup Inc. is preparing to revamp its cash management technology to capitalize on corporate customers' growing interest in tools to manage their finances.

Phishing, a cyclical crime that typically dwindles in the winter, has started to buck that trend as the weak economy increases the supply of both perpetrators and victims.

As online financial management technology becomes more popular, the business model for delivering it is being revamped.

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