Bank technology

Standard Bank Group Ltd., the largest South African banking group by assets, has licensed core banking software from SAP AG and a commercial lending system from Fidelity National Information Services Inc.

Mellon Financial Corp. has improved its data security and made its system more efficient by upgrading its software-patch management, an executive said.

ModaSolutions Corp. of Kanata, Ontario, said it has added a buyer protection program to its Secure-eBill product for electronic payments.

With three purchases in two months, CheckFree Corp. is broadening its offerings to financial companies, in the payments business and beyond, and is solidifying its position as a major vendor of banking software.

Korea Exchange Bank, the country's top foreign-exchange banking company, has agreed to use anti-laundering software from Mantas Inc., a Herndon, Va., unit of i-flex solutions ltd.

Fair Isaac Corp. of Minneapolis has introduced a fraud-detection service that supports the U.K. payments system Faster Payments.

The $35 billion-asset Huntington Bancshares Inc. of Columbus, Ohio, plans to offer health savings accounts to customers through an outsourcing agreement with Fiserv Inc. of Brookfield, Wis.

The Latin American card manufacturer Inteligensa Group is offering its customers payment cards from Innovative Card Technologies Inc. of Los Angeles with built-in, one-time password systems.

Stonebridge Bank of West Chester, Pa., has agreed to use new software from Armored Online, a security application company formed last year, that encrypts communications between banks and their customers.

In a strategic shift, Brink's Co. is partnering with Metavante Corp. to offer check-image capture services to banks that want to outsource their item processing.

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

CheckFree Corp. has completed its $245 million acquisition of the online banking provider Corillian Corp. of Hillsboro, Ore.

JPMorgan Chase & Co. said Thursday that it has completed its acquisition of the Internet invoicing company Xign Corp.

Debra A. Janssen has been named a director of the banking and payment provider Online Resources Corp.

Metavante Corp. has introduced an online bill payment reward system that lets banks offer their online customers the same perquisite they provide to credit card users.

UMB Financial Corp. of Kansas City, Mo., is rolling out a remote-capture service that combines check imaging with automated clearing house conversion.

PayPal Inc. of San Jose says that it will use its new European bank license primarily for marketing purposes, and that it has no plans to offer traditional banking products or services.