Bank technology

Remote deposit capture aimed at consumers has become more common, and though banks and vendors consider it a niche service, they say it has become increasingly vital in the niche.

LML Patent Corp., a unit of the processor LML Payment Systems Inc., has sued 19 financial companies that it claims are infringing on its patented technology for converting checks into electronic transactions.

Bank technology spending is expected to decline or rise only slightly next year, as a result of large-bank consolidation and layoffs, including those affecting tech staffs, two research firms say.

First Command Financial Services Inc. in Fort Worth has begun offering remote deposit capture to retail customers of its First Command Bank unit.

Bank of America Corp. has begun selling a passcode-generating card for online banking customers who would pay a $20 fee to improve their online security.

Crescent Financial Corp. has agreed to convert its core processing system to one hosted by Metavante Technologies Inc., the Milwaukee vendor announced Monday.

Small banks are responding to the economic slowdown by purging inactive users of online banking, executives of Intuit Inc. said last week.

Four South American banks have agreed to use software from S1 Corp.'s Postilion unit.

Associated Banc-Corp. of Green Bay, Wis., has implemented core processing software from Fiserv Inc.

Mint Software Inc. is offering users of its financial management Web site the ability to use text messages to check their balances at linked bank accounts.

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

Jack Henry & Associates Inc. is planning to offer its core banking clients a rewards program they can provide to customers, using technology from Saylent Technologies Inc.

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.