Bank technology

An activist shareholder of a takeover target has reversed course, saying he now supports Fidelity National Financial Inc.'s $5.3 billion deal to buy the payroll processor Ceridian Corp. of Minneapolis.

Western Federal Credit Union of Manhattan Beach, Calif., has agreed to use core processing software from Jack Henry & Associates Inc.

At the start of last year Washington Mutual Inc.'s online banking executives would have been thrilled if people opened 100 accounts a day through its Web site; now it is averaging 2,700 openings daily, the result of an overhaul focused on simplifying the process.

Metavante Corp. hopes to use its deal with U.S. Central Credit Union of Lenexa, Kan., to expand further in the credit union payment market.

As remote capture of check images enters its second generation, banks increasingly are integrating the processing of check images with their other systems.

Marshall & Ilsley Corp., which owns the Endpoint Exchange image exchange network, has connected its M&I Bank to The Clearing House Payments Co. LLC's SVPCO Image Payments Network.

ACI Worldwide Inc. said it lost $414,000, or 1 cent a share, in its fiscal second quarter, which ended March 31, compared with a profit of nearly $15 million, or 40 cents a share, a year earlier.

The Israeli software vendor Fundtech Ltd. said its second-quarter net income more than doubled from a year earlier, to $1.7 million, or 10 cents a share, as revenue grew 18%, to $25.4 million.

Shares in Diebold Inc. fell Monday after the North Canton, Ohio, automated teller machine company was downgraded over concerns about its voting machine operations.

Cardtronics Inc., the largest deployer of merchant automated teller machines, shifted into the red in the second quarter, in part due to higher expenses for cash and its move to bring transaction processing in-house.

Bank of the West is installing an automated credit request system to streamline its commercial lending, improve consistency in loan decisions, and save money.

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

Mashreq psc, a United Arab Emirates banking company, has agreed to use mobile point of sale terminals from Hypercom Corp.

With double-digit revenue growth in the second quarter, S1 Corp. may have validated its return to a licensing model for its big-bank products.

The mobile banking technology vendor Tyfone Inc. has appointed Mike Noble, a veteran Wells Fargo & Co. banker, to its board.

First Data Corp. announced Thursday that it would offer mobile banking and mobile commerce services in conjunction with mFoundry Inc.