Bank technology

When Emigrant Bancorp introduced its high-interest online savings account in 2005, its promise of the highest rates in the industry made the account an instant hit.

The automated teller machine deployer TRM Corp. avoided being dropped from the Nasdaq exchange at a meeting with a Nasdaq panel last week.

Lockheed Georgia Employees' Federal Credit Union has agreed to use anti-fraud software from Digital Envoy Inc.'s Digital Resolve business to strengthen its online banking security.Digital Envoy, of Norcross, Ga., announced Wednesday that the Marietta, Ga., credit union would use its Fraud Analyst software, which creates behavior profiles of online banking users. When a user's behavior at login does not match the account's profile, the software raises a flag and the credit union can ask for further authentication before allowing the user to bank online.

Verizon Wireless customers can now pay their bills and buy more calling time at CheckFree Corp.'s walk-in bill-pay locations.

The Federal Reserve banks are planning a major overhaul of their check processing systems to prepare for both the growing demand for image processing now and an eventual dropoff that is widely expected.

Comerica Inc. has agreed to use technology and services from Actimize Inc. and International Business Machines Corp. for anti-money-laundering protection.IBM, of Armonk, N.Y., said Wednesday that Comerica would use its Global Business Services to integrate the anti-money-laundering software made by Actimize, of New York.

Another global technology company is going after the core banking business of institutions in the United States and around the world.

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

Fiserv Inc., which is engaged in a lengthy self-review, has opted to sell its investment services unit because it concluded it could not be a leader in the business, though it stopped short of saying it would apply that criterion when deciding about other market segments.

The social networking Web site operated by Facebook Inc. is moving into peer-to-peer lending with a pair of new services.

The PCI Security Standards Council LLC, which manages the Payment Card Industry data security standard that describes how merchants handle card data, has elected a new board of advisers.

DBS Bank Ltd., Singapore's No. 1 banking company, has agreed to use Diebold Inc.'s newly upgraded Agilis software, Agilis EmPower, to run its automated teller machine network.

FirstBank Puerto Rico, a unit of First BanCorp of San Juan, has renewed a core processing outsourcing agreement with Fidelity National Information Services Inc.

Now that mobile banking services have been available to consumers for a few months, some companies are starting to promote the technology as a corporate cash management tool.

Total System Services Inc. of Columbus, Ga., has agreed to offer its clients predictive analytic software from Austin Logistics Inc. to help them improve their collections.

Minnesota has enacted the first state law requiring merchants that do not protect payment card data adequately to reimburse financial companies for losses associated with data security breaches.

Electronic Data Systems Corp. of Plano, Tex., has agreed to help develop and maintain an electronic accounting system for the Defense Finance and Accounting Service, the government agency that handles accounting and payments for the Department of Defense.