Bank technology

China Postal Savings Bank has selected VeriFone Holdings Inc. of San Jose as its exclusive provider of electronic payment terminals.

Arcot Systems Inc. of Sunnyvale, Calif., has developed an authentication application that uses Adobe Systems Inc.'s Flash software.

Electronic Data Systems Corp. joined other large data processors Wednesday, staking a claim in Brazil's fast-growing cards market.

First Data Corp. is pushing further into outsourced loyalty programs by offering card issuers a way to increase use of their cards through bonus rewards tied to the purchase of specific products or at specific stores.

Mellon Financial Corp. says it plans to merge three sets of online banking services in the next six to nine months that it offers to wealth management clients.

Orgamation Technologies Inc., a Westford, Mass., company that supplies business management software to schools and day-care centers, is using automated clearing house payment services from Smart Payment Solutions LLC.

First Data Corp. announced Monday that it has completed its purchase of FundsXpress Inc., an Austin provider of online banking and bill payment services.

Banking call centers rank second only to those of catalog retailers in customer satisfaction, though more than half of bank customers say they would defect over a bad phone experience, according to a survey to be released today.

The wireless carrier Cellular South Inc. is testing a service called WirelessWallet that allows customers to use their mobile phones to make card payments.

Warren Federal Credit Union of Cheyenne, Wyo., has agreed to use bill-payment software from Fidelity National Information Services Inc.

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

As eFunds Corp. shops itself, one of its biggest shareholders is hoping for a vigorous auction.

GE Consumer Finance Inc. and Yahoo Inc. have launched a financial management Web site for Hispanics.

The core processing software vendor i-flex solutions ltd. has agreed to offer security software from Bharosa Inc. to its banking clients.

The costs of handling a data breach are becoming so onerous that they will push at least one business into bankruptcy soon, George Tubin, a senior analyst at TowerGroup Inc., predicts.

The payments software developer Transaction Systems Architects Inc., which is catching up on delinquent regulatory filings, has cut its 2007 earnings estimate.

Christiana Bank and Trust Co. of Greenville, Del., says it has accelerated its bond trading and improved service to trust accounts by executing odd-lot fixed-income transactions online instead of phoning brokers.

Scottrade Inc. announced it will offer its customers antivirus software from McAfee Inc., along with a year of free updates.

Lloyds TSB Group PLC of London has agreed to use Employee Fraud Prevention, a new software product from Actimize Inc.