Bank technology

TNS Corp.'s stock price rose Friday morning after the Reston, Va., provider of telecommunication services to transaction processors received a positive note from Chris Penny, an analyst with Friedman, Billings, Ramsey & Co. Inc.

Oracle Corp. says its creation of a business unit to serve financial companies positions the database vendor for an anticipated wave of conversions of banks' core accounting systems.

Total System Services Inc.'s joint venture in China has signed a card processing deal with Huaxia Bank Co. Ltd. that gives TSYS a large share of an increasingly competitive market.

Oracle Corp. announced Thursday that it has formed a unit to focus on banks, insurance companies, and capital markets firms.

Six months after concluding one of the industry's first major customer tests of mobile banking, BancorpSouth Inc. is sharing some of its findings and talking about what might be its next major mobile offering: payments.

First Data Corp. of Denver has signed a three-year deal to provide merchant processing for Lenovo Group Ltd., the company that bought International Business Machine Inc.'s personal computing division in 2005.

Verizon Wireless has agreed to let its customers download person-to-person payments software from Obopay Inc. to their phones.

NCR Corp. has renewed and expanded an agreement to provide automated teller machines and services for Commerce Bancorp Inc. of Cherry Hill, N.J.

Capitol Bancorp Ltd. of Lansing, Mich., has upgraded its core processing system to Jack Henry & Associates Inc.'s SilverLake software.

TNS Inc., the Reston, Va., operator of an international network for card transactions, has entered the online and telephone card processing market by buying Dialect Payment Technologies, an Australian payments processor.

The Mountain View, Calif., payment processor CyberSource Corp. is buying Authorize.Net Holdings Inc. of Marlborough, Mass., to get a foothold in the small-business e-payments market.

The Los Altos, Calif., card security vendor QSecure Inc. says it has developed a payment card that can generate new coded data for its magnetic stripe every time it is used, to determine whether a card is real or cloned.

The global financial cooperative Swift announced last week that it would reduce its prices starting July 1, the second set of cuts this year.

Bank of Tokyo-Mitsubishi UFJ Ltd. has agreed to use anti-money-laundering technology from Fortent Inc. throughout its global network.

The banking technology vendor NetDeposit Inc. plans to announce today that it has received two patents covering aspects of check-image processing.

PayPal Inc., which has long viewed small business as a prime area of opportunity, is now looking to its data on customer transactions as a way to give it a leg up on other financial services providers.

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