Bank technology

The Atlanta vendor S1 Corp. said it is planning to incorporate employee management technology from Resource One Inc. into its customer management software.

Commercial bankers are hoping this year will not be a repeat of 2002, when the dot-com bubble burst and the ensuing economic slump flattened revenue in cash management businesses.

Ripley Federal Savings Bank of Ohio is planning to move its core processing to the Avon, Conn., service bureau COCC.

The Federal Reserve Board is nearing a decision on how to incorporate remittance information into wire transfers.

A controversial amendment aimed at protecting banks from check-imaging patent infringement lawsuits could face new hurdles since its author, Sen. Jeff Sessions, R-Ala., withdrew his support over questions about its constitutionality.

The person-to-person loan facilitator Lending Club Corp. has stopped letting people make loans through its Web site.

Toronto-Dominion Bank plans to use International Business Machines Corp.'s Blue Gene supercomputer to study complex financial conditions.

MIAMI — MasterCard Inc. has introduced a debit processing system that can handle several types of payments and could boost profits for banks that use it.

The Canadian transaction processor Moneris Solutions Corp. has agreed to buy the Montreal point of sale service provider Keycorp Canada Inc. from the Australian company Keycorp Ltd.

The Mumbai core processing software vendor i-flex solutions ltd. said it plans to change its name to Oracle Financial Services Ltd. to reflect the identity of its majority owner, Oracle Corp. of Redwood City, Calif.

The Portland, Ore., automated teller machine operator TRM Corp. said it narrowed its losses last year after streamlining its operations.

Nuestro Banco, a Raleigh start-up focused on the Hispanic market, has agreed to use a core processing application from Fiserv Inc.

Solidus Networks Inc. has sold the assets of its biometric payments unit Pay By Touch Processing Inc.

West Bancorp Inc. of West Des Moines is updating the model for high-yield online savings accounts by adding a social networking component that lets customers share information about their balances and savings goals.

Mason State Bank of Mason, Wash., has agreed to use data processing and item processing services from Rurbanc Data Services Inc.

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

The Treasury Department's proposed overhaul of the financial services industry likely will lead to more standardization within banking technology and could open the door to foreign providers that have found it hard to crack the complicated U.S. market, according to observers.