Bank technology

Hypercom Corp. has developed a system for updating remotely the encryption capabilities of its payment terminals — a process that currently requires companies to send the machines to a secure facility.

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

Philippine Farmers Bank Inc. has agreed to use core processing software from Misys PLC of London to improve its consumer lending business.

Renaissance Group of Moscow is using core processing technology from Fidelity National Information Services Inc. to manage its consumer lending operations.

Metavante Technologies Inc. has purchased CapMed, a health-care record-keeping software company, from the medical technology provider Bio-Imaging Technologies Inc.

With bank lending dramatically down, Lending Club Corp. is taking the patriotic approach in promoting its ability to provide credit.

Intrust Financial Corp. of Wichita is using Viewpointe LLC's Pointe2Pointe service to exchange check images with other banks.

The fledgling alternative payment network operator Bling Nation Ltd. said Wednesday that it has hired Daniel Rogers, a veteran banker, as its chief financial officer.

Now that it has sold its small core processing and teller automation business to another technology vendor, Goldleaf Financial Solutions Inc. plans to step up marketing of its integrated payment processing systems to middle-market banks.

HSBC Holdings PLC is using a phone authentication system from the Chicago security technology vendor Authentify Inc. to protect online and remote transactions from fraud.

Service Credit Union of Portsmouth, N.H., has begun using an online system from Integrated Media Management LLC of Linden, N.J., to deliver documents to members around the world and to capture digital signatures remotely.

Tata Consultancy Services Ltd. has acquired an Indian business process outsourcing unit from Citigroup Inc.

The economic downturn has prompted users of online aggregation and financial management Web sites like Geezeo Inc.'s to request new features for keeping track of their money.

Standard Bancshares Inc. of Hickory Hills, Ill., has agreed to use uMonitor software from Parsam Technologies LLC of Memphis for opening and funding customer accounts online.

Prepaid Card Holdings Inc. of Las Vegas said Friday that it has cancelled the 10-for-1 reverse stock split it had proposed last month.

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

Security experts are warning financial companies of a relatively new type of computer attack in which hackers gain control of a bank's domain name.

For Evans Bancorp Inc. of Hamburg, N.Y., which has its eye on growth, owning its technology is better than renting it.