Bank technology

Banking Top 10 Published November 13, 2008 Review the methodology Rank FinTech 100 rank 1 Fidelity National Information Services 2 2 Fiserv 1 3 Diebold 4 4 NCR 5 5 First Data 7 6 Metavante 10 7 SunGard 3 8 Total System Services 9 9 Tata Consultancy Services (TCS) 6 10 CA (Computer Associates) 8

JPMorgan Chase & Co. says a new method it tested for accessing the SwiftNet transaction system not only met its goals for being inexpensive and reliable, but also appears to be easy to use.

The wireless carrier Smart Communications Inc. of the Philippines is working with Roamware Inc. to develop a money transfer system.

MoneyGram International Inc. said it will offer money transfers and last-minute bill payments through Cardtronics Inc.'s Vcom kiosks, which are installed in many 7-Eleven Inc. convenience stores in several key markets.

Orbotech Ltd. has agreed to use security technology from Parascript LLC to process paper checks in Brazil.

Western Union Co. has started offering walk-in, cash-based bill payments in Peru.

BMO Financial Group has begun using pricing optimization software to help it price more effectively its unsecured personal loan and auto loan products.

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

The payments software company ACI Worldwide Inc., making headway on its cost-cutting efforts, said Thursday that sales remain strong despite the struggles of its bank customers.

Bankers experimenting with online video promotions find the format works best, not as a one-time event, but as an ongoing series.

Tradeweb LLC, a Jersey City electronic trading system provider jointly owned by Thomson Reuters Corp. and nine financial companies, has acquired the brokerage company Hilliard Farber & Co. Inc.

First Data Corp. has scrapped its plan to acquire the Atlanta gift card provider Interactive Communications Inc.

Online Resources Corp. posted a loss for the third quarter, despite some significant new customers, and it narrowed its full-year guidance on concerns about the economy.

S1 Corp.'s Postilion unit said Tuesday that eService SA, the acquiring unit of Poland's PKO Bank Polski SA, plans to use more components of the Postilion merchant acquiring offering.

Jack Henry & Associates Inc. reported slower revenue growth and a lower profit for its first fiscal quarter, but executives of the processing technology vendor said its community bank and credit union customers seem optimistic about their ability to attract deposits from larger, troubled rivals.

Card companies are pushing ahead with transit operators to conduct more trials of network-branded contactless cards for fare payment.

JPMorgan Chase & Co. plans to develop its alternative payments capabilities and grow by acquisition in merchant processing now that it has sole control of Chase Paymentech Solutions LLC.