Bank technology

Gardner Bancshares Inc. of Kansas has signed an agreement to outsource the core account processing for its $85 million-asset Gardner National Bank to the Brentwood, Tenn., banking technology provider Goldleaf Financial Solutions Inc.

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Sterling Financial Corp. of Spokane plans to use software from S1 Corp. to capture check images at the front counter of its 178 Sterling Savings Bank branches.

A growing number of banking companies are stepping up efforts to use imaging, sometimes with technology originally developed to handle payments, to offer document management services that do not involve any financial activity.

The Denver transaction processor and banking technology provider First Data Corp. said it is using biometric authentication technology from BioPassword Inc. of Issaquah, Wash., to improve security in its fraud detection service.

Nacha, the electronic payments association, is poised to begin testing the Secure Vault Payments system, which uses the automated clearing house network for online purchases, and Metavante Technologies Inc. has agreed to process transactions for the system.

Banks and merchants are evaluating encryption technology that could ensure that audio recordings of calls made to their call centers do not violate the Payment Card Industry data security standard.

BB&T Corp. plans to introduce online processing of lockbox exceptions next month to expedite the handling of incomplete or problematic payments, such as checks that lack a remittance coupon or have an invalid payee name.

Nationwide Building Society, a large British financial company, plans to overhaul its banking, savings, and mortgage processing systems using software from SAP AG.

Regulators have sued a former Diebold Inc. sales employee, claiming he traded illegally on inside knowledge that the North Canton, Ohio, automated teller machine maker would miss financial targets in 2005.

Hitachi Consulting, the Dallas business and information technology consulting unit of Hitachi Ltd., has acquired JMN Associates LLC, a San Francisco advisory company for the banking, real estate, and insurance industries.

Community banks are moving rapidly into mobile banking, using technology from the same vendors that dominate the core banking market.

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

LendingTools.com Inc. said Wednesday its OnWe image exchange network is handling more than 20 million checks a month.

NCR Corp. paid William Nuti, its chairman, chief executive, and president, $9.3 million in 2007, a 26% increase, according to a proxy statement filed with the Securities and Exchange Commission Wednesday.

LA Financial Credit Union has agreed to use core processing software from Jack Henry & Associates Inc.

First National Bank of Pandora in Ohio has agreed to outsource its core processing of deposit and loan accounts to the service bureau COCC.