Bank technology

For most financial institutions, the deadline to get your Identity Theft Red Flag Program in place has come and gone.

With the volume of check images accelerating, and the number of transit checks expected to fall sharply in the wake of this year's acquisition wave, some payments executives say the banking industry's conversion to check imaging is nearing completion.

ORLANDO — A chastened and diminished group of bankers heard some tough talk Wednesday from two financial services executives.

NYCE Payments Network LLC, a unit of Metavante Technologies Inc., said it plans to test its SafeDebit e-commerce payment system early next year with consumers and merchants.

BB&T Corp. has installed image capture software from the Brookfield, Wis., vendor Fiserv Inc. to convert deposited checks into electronic files at more than 330 branches.

A start-up transaction processor has developed an alternative payments network that it says will help community banks earn more revenue on local debit purchases.

Wells Fargo & Co. has developed an application to adapt its treasury services portal easily with accounting systems from Oracle Corp.

S1 Corp. has developed a feature aimed at resolving a longtime challenge for the Atlanta vendor: persuading customers to upgrade to newer versions of its products.

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

First Data Corp. swung into the red in the third quarter as transaction growth in its merchant business and an increase in card issuing were offset by changing consumer spending habits.

Union Savings Bank has upgraded its online banking service using technology from Fiserv Inc.

Jack Henry & Associates Inc. is trying to make remote capture services more appealing to small merchants by introducing a program that lets its bank and credit union clients lease the equipment to their customers.

Top 25 Enterprise Companies in FinTech Published November 13, 2008 Review the methodology. Rank Ownership Total

Insurance Top 10 Published November 13, 2008 Review the methodology Rank FinTech 100 rank 1 Tata Consultancy Services (TCS) 6 2 ChoicePoint 17 3 CA (Computer Associates) 8 4 Fiserv 1 5 SunGard 3 6 Cognizant 12 7 SAS 13 8 Mphasis 39 9 Patni Computer Systems 35 10 Linedata Services 42

Correction: In the FinTech special report published Nov. 13, the Top 100 Companies in FinTech list understated Sophis' revenue for last year. It was $112 million; the 72.2 million figure was its revenue in euros.

Capital Markets Top 10 Published November 13, 2008 Review the methodology Rank FinTech 100 rank 1 SunGard 3 2 DST Systems 11 3 Tata Consultancy Services (TCS) 6 4 IPC Information Systems 22 5 Broadridge Financial Solutions 18 6 Cognizant 12 7 Misys 21 8 OMX Group 34 9 SAS 13 10 Advent Software 44

Municipal Employees Credit Union in Baltimore plans to implement core banking software from Fidelity National Information Services Inc.

Hoping to expand its lending to small businesses, Synovus Financial Corp. is introducing companywide a service that lets it examine the quality of its customers' accounts receivable as collateral.