Bank technology

International Business Machines Corp. and Cisco Systems Inc. are planning to develop branch and call center systems to streamline bank efficiency and improve customers' experience.

AT&T Corp. said the SLM cell phone from Samsung Electronics Ltd. will be the first handset to ship preloaded with mobile banking software from Firethorn Holdings LLC.

The German automated teller machine manufacturer Wincor Nixdorf International GmbH is planning to introduce a bulk-deposit device next year that it hopes will help it expand in the United States.

Broken automated teller machines are likely to prompt French consumers to switch banks, but the British are more forgiving, according to a report issued Monday by Level Four Software Ltd., a U.K. provider of ATM testing technology.

The automated teller machine operator Cardtronics Inc. reported a third-quarter loss of $10.7 million, after posting a $300,000 loss in the year-earlier period.

PayPal Inc. hopes that fine-tuning a debit service will encourage people to use its payment services for online shopping.

As banking companies continue to struggle with mushrooming electronic data, the Financial Services Technology Consortium has begun an initiative to analyze these piles of unstructured content.

The Russian banking company Soyuz Bank has agreed to use core processing software from Misys PLC as part of its expansion strategy.

Nacha, the electronic payments association, is looking for a president and chief executive to succeed Elliott C. McEntee, who is planning to retire.

First Data Corp. is cutting 6% of its global work force.

The San Francisco customer relationship management software provider Salesforce.com Inc. has completed its biggest sale to date, to Citigroup Inc.

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

The person-to-person payments company Obopay Inc. has a new tool to reach the underbanked, a market it never intended to pursue.

LAS VEGAS — A growing number of current and would-be players in mobile banking have set their sights on mobile payments as a key element of their strategy.

Over a dozen financial institutions have applied to be the issuer of the Treasury Department's Direct Express electronic bank accounts for depositing Social Security and other federal benefits.

LAS VEGAS — From Alan Greenspan's perspective, anyone looking to regulators as the cause of, or solution for, the turbulence in the nation's mortgage markets is looking in the wrong place.

The Santa Clara, Calif., online payment provider Billeo Inc. has received a second round of venture funding worth $7 million.

Higher transaction volume boosted third-quarter earnings for Metavante Technologies Inc., the Milwaukee company spun off from Marshall & Ilsley Corp. this month.