Bank technology

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.

Total System Services Inc. has detailed some of its plans, including increasing its presence abroad, for after its planned spinoff from Synovus Financial Corp.

The San Diego mobile phone hardware and software provider Qualcomm Inc. has agreed to purchase the mobile banking software company Firethorn Holdings LLC for $210 million in cash.

The Internet technology and services company VeriSign Inc. is streamlining its businesses to focus on online security, including a suite of security tools widely used in the financial services industry.

LAS VEGAS — HSBC Finance Corp. plans to add credit capabilities to a decoupled debit card it is testing.

Diebold Inc., which has not yet filed its second-quarter earnings report, also is going to be late filing its results for the third quarter.

Valid Systems, a Fort Worth provider of check cashing systems and services, is using security technology from US Biometrics Corp. of Naperville, Ill., to develop a product that its financial company customers can use to offer services aimed at the unbanked and underbanked.

ING Group NV has hired Edmund Steinike as the chief information officer for its ING Americas.

Bank of the Ozarks Inc. of Little Rock has renewed and expanded its core processing software contract with Metavante Technologies Inc.

Several banks have rolled out mobile banking services in the past year, but the emerging delivery channel is about to get its biggest push to date.

The Jacksonville, Fla., title insurance company Fidelity National Financial Inc. and the Boston private-equity firm Thomas H. Lee Partners LP have completed their $5.3 billion purchase of the Minneapolis payroll vendor Ceridian Corp.