Bank technology

More than 100 billion check images are now stored in the shared repository operated by Viewpointe Archive Services LLC, the Charlotte company announced Monday.

Beach Business Bank said Monday that it is offering a remote-capture deposit service aimed at health-care practices through its Doctors Bank division.

CHICAGO — Several important public and private players in the payments industry are trying to accelerate the transition to electronic processing.

First-quarter revenue dropped at American Bank Note Holographics Inc. due to problems with a magnetic stripe product that has hampered its payment card business since it reached a sales peak in the first quarter of 2006.

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Payment Alliance International Inc. wants community banks to put their brands on its automated teller machines — a strategy that is popular among large financial companies but has gotten little use by small ones.

The Houston utility Direct Energy Marketing Ltd. has agreed to upgrade its First Data Corp. billing and customer management software.

The online banking software provider Corillian Corp. reported a wider first-quarter loss despite a 15% increase in revenue.

Bank of New York Co. Inc. has connected its payments system to the SVPCO Image Payments Network operated by The Clearing House Payments Co. LLC of New York.

Open Solutions Inc. of Glastonbury, Conn., has acquired the Canadian core banking provider Fincentric Corp.

Getronics NV, an Amsterdam information and communication technology vendor, is using software from S1 Corp. of Atlanta to offer outsourced automated teller machine and point of sale transaction processing services in Hungary.

Fundamental changes in the way people spend money and the way banks process payments are forcing banks and the Federal Reserve Board to ensure convenience does not replace safety, a Fed governor said.

Increased use of consumer debit cards is boosting transaction volume on Fiserv Inc.'s Accel/Exchange Network.

PayPal Inc. has begun offering its payment service in 87 new countries.

Online Resources Corp. said an acquisition boosted revenue, but accounting costs helped drive it into the red.

Garanti Bankasi AS of Turkey said it is offering a watch equipped with a MasterCard Inc. PayPass contactless payment chip.

Though Jack Henry & Associates Inc. says demand for its core processing technology is growing, revenue for the segment is not keeping pace as customers move to an outsourced model.

MindArk PE AB, the company that operates the Entropia Universe online game, said it has sold a virtual banking license to a banking company.