Bank technology

By acquiring its main rival in the consumer online credit market, eBay Inc. would become a more significant player in a niche it has been pursuing since last year with little success.

Horluxe LLC, a New York company that leases luxury watches, is using an origination system from Metavante Technologies Inc.

Fiserv Inc. of Brookfield, Wis., announced Monday that it has signed four new credit union customers for its core account processing systems, and is converting three existing customers to different core systems.

Kount Inc., a unit of Keynetics Inc. of Boise that develops fraud-fighting software for online merchants, has received a U.S. patent for its system of determining where a computer is located during online transactions.

Though its U.S. payments processing business is slowing, Global Payments Inc. said its foreign operations are doing well.

Jeff Stiefler, the former president of American Express Co., has been named the chairman of inQ Inc., an Agoura Hills, Calif., provider of online management software.

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

Large banks are establishing direct payment connections with trading partners to provide faster and cheaper settlement for automated clearing house transactions, and the move could raise costs for smaller institutions.

About half of large businesses are planning to reduce their use of checks in favor of commercial payment cards, according to a study released Thursday by Visa Inc.

MasterCard Inc. is using fraud detection software from Nice Systems Ltd.'s Actimize unit to evaluate debit and automated teller machine transactions.

Diebold Inc. raised its full-year profit outlook late Tuesday and said it has caught up on its filings with the Securities and Exchange Commission.

A new frontier in asset custody may be holding the cash of fantasy sports leagues.

Synovus Financial Corp. is using check scanners as a loss leader in some of its local markets to retain the depositary business of its commercial clients, executives said.

After a delay of more than a year, Intuit Inc. has unveiled an online banking and aggregation system that it says will dramatically improve the way people manage finances online and increase its share among consumers and small businesses, for which its financial applications were once one of the only options available.

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

CashEdge Inc. says it would not have been comfortable offering its new service that lets individuals send each other payments through online banking sites if it had not made parallel advances in fraud detection.