Bank technology

The French point of sale terminal vendor Ingenico SA has challenged the terms of a confidentiality agreement proposed by Hypercom Corp., the Phoenix company Ingenico is trying to buy.

Nacha, the electronic payments association, hopes to be ready to invite banks by April 1 to participate in its Deposited Check Truncation project for clearing checks over the automated clearing house network, despite questions about whether the project is necessary.

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Nacha, the electronic payments association, said its voting members approved an amendment to its operating rules that will require the originators of automated clearing house transactions to be identified.

The Phoenix point of sale terminal maker Hypercom Corp. said Monday it is considering an acquisition offer from a French rival, Ingenico SA.

Wesabe Inc. has upgraded its account aggregation service by asking users to trust it with their passwords.

The banking software vendor Fundtech Ltd. has moved into the corporate payments market by purchasing the U.K. electronic invoicing company Accountis Ltd.

ACI Worldwide Inc. is entering the market for mobile cash management services.

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Two financial services technology companies, Fiserv Inc. and Jack Henry & Associates, reported improved revenue in the quarter that ended Dec. 31.

DALLAS — To persuade bankers to accelerate the adoption of check imaging, the Federal Reserve Board has announced several price cuts for its electronic payment services and plans to drop some services for handling paper items.

For decades there has been a dichotomy in the transaction processing methods used by U.S. financial institutions.

NetDeposit Inc., a Salt Lake City unit of Zions Bancorp., said that its remote capture services were being used at more than 15,000 locations at the end of last year.

The automated teller machine company Diebold Inc. is planning to trim about 5% of its work force as part of an accelerating effort to reduce costs.

DALLAS — With check volume shifting to electronic clearing networks, bankers are starting to pay more attention to cases where images are attached to the wrong data.

BBVA Bancomer of Mexico City has distributed more than 2,500 TellerScan check scanners from Digital Check Corp. of Northfield, Ill., to corporate customers using the bank's remote capture deposit service.

The Concord, Mass., payment security software provider Memento Inc. has hired two industry veterans to fill senior positions.

TD Ameritrade Holding Corp. has closed its deal to acquire Fiserv Inc.'s investment support services unit.