Bank technology

Allstate Corp., the nation's largest publicly held personal lines insurer, has begun offering online bill presentment through banks' online bill-payment sites, signaling a growing willingness by billers to distribute statements through external partners.

A growing number of people are turning to online person-to-person lending sites to borrow money they plan to use to pay off credit card debt.

Shareholders filed a class action against VeriFone Holdings Inc. in response to the San Jose terminal maker's announcement that it would restate its earnings for three quarters.

On the day that Fiserv Inc. completed its acquisition of the Atlanta electronic bill payment provider CheckFree Corp., Norman J. Balthasar, Fiserv's longtime chief operating officer, said Tuesday that he would retire at the end of the month.

Fidelity Investments said Wednesday that it has hired Citigroup Inc.'s chief information officer, Marvin Adams, to be the president of its shared services group.

Samson Banking Co. Inc. in Alabama has agreed to outsource its core processing to Goldleaf Financial Solutions Inc. of Brentwood, Tenn.

The latest entry in the U.S. online social lending market is a British company that is facilitating loans made to people who receive help repaying the funds from the interest paid on certificates of deposit purchased by others.

International Business Machines Corp. is working with the relief group Care International to provide technology to support microfinance institutions in Africa.

Symantec Corp. of Cupertino, Calif., said Monday that it has completed its acquisition of Vontu Inc. of San Francisco for $350 million, in cash and assumed options.

VeriFone Holdings Inc.'s stock dropped nearly 50% Monday after the terminal company said it would restate earnings for first three quarters of the fiscal year that ended Oct. 31, because of accounting errors that overstated its inventory and understated its costs of goods.

The French payment terminal maker Ingenico Group has agreed to acquire the Sagem Securite unit of the French manufacturing conglomerate Safran Group.

Credit Union 24 Inc., an independent Tallahassee, Fla., electronic funds transfer cooperative serving 500 credit unions, has agreed to connect its CU Here network of surcharge-free automated teller machines to Cardtronics Inc.'s Allpoint network.

A newcomer in person-to-person lending is avoiding the social networking strategy used by most of the companies in this nascent market and trying to focus instead on reducing risk.

ACI Worldwide Inc. postponed the filing last week of results for the fiscal year ended Sept. 30.

Fiserv Inc. has lined up a $450 million credit line to help finance its purchase of CheckFree Corp.

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

Two Colombian banks are offering mobile banking services using technology from the smart card maker Gemalto NV.

Michigan State University Federal Credit Union of East Lansing has agreed to use online bill payment services from iPay Technologies LLC of Elizabethtown, Ky.