Bank technology

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.

MasterCard Inc.'s Canadian unit has blasted a trade group's effort to bar it and Visa Inc. from entering the country's PIN debit market.

First State Bancorp of Albuquerque has hired Laru Corp. of El Dorado Hills, Calif., to monitor its automated clearing house transactions.

Capital-constrained markets, volatile conditions and the continuing threat of a prolonged credit crisis require bankers to raise the bar on risk identification and management.

Wells Fargo & Co. is offering automated clearing house payment services to India, Hong Kong and Singapore.

L. William Seidman, the former chairman of the Federal Deposit Insurance Corp., has been named to the board of Sageworks Inc., a banking technology firm in Raleigh.

Citizens Republic Bancorp of Flint, Mich., is using imaging technology from Metavante Technologies Inc.

They call it "goo," the paper items persisting in the check-clearing process that threaten to gum up the final stages of the evolution to an all-electronic payments system.

The Boulder, Colo., mobile payment company Mocapay Inc. said Monday that J.A.D. Inc.'s ShortStop convenience stores would expand their use of Mocapay gift cards.