Bank technology

CyberSource Corp. said revenue more than doubled, but earnings fell, in the third quarter as it neared the anniversary of its November purchase of Authorize.Net Holdings Inc.

The weak economy and slowing demand for paper checks drove down third-quarter earnings at the check printer Deluxe Corp.

BMW AG of Munich is developing a multifunction car key that will include contactless payments capabilities.

The Fair and Accurate Credit Transactions Act's new Red Flag Rules, which require an institution to establish a comprehensive identity theft prevention program, will soon take effect.

MoneyAisle.com, which matches consumers with financial services providers according to terms the consumers specify when shopping for savings accounts and other products, has incorporated an application from Andera Inc. that it said will make opening and funding accounts easier.

Fiserv Inc. is trying to move walk-in bill payment, a service aimed mainly at the underbanked, to the checkout lines of grocery stores, where it could reach mainstream bank customers.

Online Banking Solutions Inc. said Commerce Bancshares Inc. of Kansas City, Mo., is using its alert application to notify business customers of incoming and outbound wire transfers.

Following the initial flood of corporate payment systems that hit the market last year, financial companies are rolling out a second wave of notably less powerful tools.

Identity theft is most common in English-speaking countries, according to a survey PayPal Inc. released Tuesday.

The Federal Reserve Board and The Clearing House Payments Co. LLC have completed and distributed technical specifications for banks to use when transmitting cover payments over the SwiftNet system.

Several vendors are recasting security applications in ways that they say will give their ideas more appeal to bankers that passed on them in the past.

The restaurant chain operator Buffets Inc. is planning to use Remote Currency Manager, an electronic safe service from Fifth Third Bancorp.

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

The Elizabeth, N.J., grocery chain Wakefern Food Corp. has agreed to offer Check2Card, a service from Metropolitan National Bank of New York that lets people to convert their paychecks into prepaid cards.

The Brookfield, Wis., technology vendor Fiserv Inc. has licensed a bar-code scanning application from PayScan America Inc. and plans to offer it to retailers as part of a walk-in bill payment service for checkout lanes.

The new features being rolled out by several financial management Web sites show that the participants in this evolving market are still testing models and are starting to differentiate themselves by target market.

The volume of PayPal Inc. payments made through other companies has eclipsed the volume of transactions initiated through the online auctions of its parent company, eBay Inc.

The next generation of online bill payment applications are going to look a lot like online calendars.