Bank technology

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.

Consumer spending fell sharply in September, according to the financial management Web site provider Mint Software Inc.

Innovative Card Technologies Inc. said that it is reducing costs, and that several customers have started deploying its one-time-password generating cards.

Features come and go with startling speed in the still-evolving online banking market, but few seem to make as many round trips as account aggregation.

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

The credit meltdown is sending shock waves throughout the U.S. financial system and into the general economy, and consumers are reacting with behavior never seen before.