Bank technology

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.

Cara Operations Ltd., a Toronto restaurant operator, has agreed to use wireless point of sale terminals from VeriFone Holdings Inc. of San Jose.

A party Google Inc. had scheduled for eBay Inc. sellers during the eBay Live convention Thursday in Boston was canceled after eBay reportedly pulled its advertising from the search engine.

Liberty Computer Systems, a Cary, N.C., provider of point of sale software for dry cleaners, has started offering its customers card acceptance software from Payment Processing Inc. of Newark, Calif.

The Financial Services Technology Consortium said it is working with Visa International and the Object Management Group, a standards consortium, to create a secure method of handling business transactions.

A continent-spanning payments network is making headway in Europe amid growing concern by bankers and their corporate clients about whether anyone will be prepared to use the system next year when it is expected to be ready.

FundsTech Corp., a marketer of prepaid debit cards for the underbanked, plans to offer a turnkey prepaid card in Europe.

Global Payments Inc. of Atlanta has a multiyear card processing deal with the Moscow banking company Starbank.

The Jacksonville, Fla., mortgage title insurer Fidelity National Financial Inc. has agreed to use a security technology from ID Analytics Inc. of San Diego to gauge the legitimacy of mortgage applications.