Bank technology

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.

Check image exchange just got a boost from further automation in the clearing and settlement process, as volume continues to surge.

SunGard Data Systems Inc. has acquired Aspiren, a provider of fraud prevention and performance management software.

Yodlee Inc. has made its online account aggregation technology compatible with bank accounts protected by software from Green Armor Solutions Inc. of Hackensack, N.J.

Though online banking and bill-payment software have long been offered as discrete applications, the vendors that provide them are starting to integrate them with other important financial capabilities.

Citigroup Inc. plans to retain ownership of the Financial Research Corp. unit of Bisys Group Inc. after it closes its purchase of the New York company, according to a published report.

Cowen & Co. LLC upgraded its rating on Fiserv Inc. last week, to "outperform" from "neutral," citing a number of factors related to the vendor's "Fiserv 2.0" initiative.

Wachovia Corp. has installed Internet-based "telepresence" technology enabling executives at its Charlotte headquarters to hold videoconferences with counterparts in the Richmond, Va., offices of Wachovia Securities, Cisco Systems Inc. announced Monday.

RSA Security, a unit of EMC Corp. of Hopkinton, Mass., has acquired the Fort Lauderdale, Fla., security firm Verid Inc. to improve its authentication capabilities.

Moneris Solutions Inc. announced a three-year agreement to supply processing services to State Bank of India (California).