Bank technology

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.

The Amsterdam card manufacturer Gemalto NV announced Tuesday that it is providing Banco Santander SA with multifunction smart cards for use in Spain's university identity card program.

Barclays PLC has begun issuing contactless debit cards to its customers in the United Kingdom.

The Federal Reserve banks are developing a way for financial companies to clear and settle some automated clearing house transactions in one day.

Chetco Federal Credit Union of Harbor, Ore., is planning to shift its credit and debit card processing to TNB Card Services as part of an effort to introduce a new reward program and attract new members.

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

Executives of Online Resources Corp. offered a bullish outlook, despite a weak fourth quarter, but they would not discuss a shareholder that has called for the online banking provider to revamp its strategy.

Will banks and their customers soon become BFF?

SAN DIEGO — Viewpointe LLC has developed a pair of settlement services that it hopes will help it gain share from rival image networks.

SAN DIEGO — The shift to imaging is happening faster than most payments executives anticipated, and with most paper checks now being presented electronically, the Federal Reserve banks are trying to hasten the transition.