Bank technology

The Pleasanton, Calif., e-payment software vendor Xign Corp. has formed a partnership with SciQuest Inc., a Research Triangle Park, N.C., firm that sells software that automates the ordering of goods and services.

TNS Inc. has reported a fourth-quarter loss due, in part, to severance payments, but analysts said it appears to have righted itself after weathering an extended boardroom battle for control of the company.

From time to time American Banker cites analysts employed by TowerGroup. References in our pages to Tower typically also name its parent company, MasterCard Inc., but how we identify Tower sometimes varies and therefore merits clarification. TowerGroup is a wholly owned but independently operated subsidiary of MasterCard. According to Tower, MasterCard has no influence on its coverage of the industry or the opinions its analysts express.

National Bank of Kansas City in Overland Park, Kan., is outsourcing its core processing to John H. Harland Co.

Security Bank Corp. of Macon, Ga., says it is using statistical analysis to drive its acquisition and branch-building plans and intends to apply the technology to its marketing efforts as well.

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

Online Resources Corp.'s financial results are starting to reflect the July acquisition of Princeton eCom Corp., one of several acquisitions that are changing its industry.

The global financial cooperative Swift said Lazaro Campos, the head of its banking division, will become its chief executive officer in April.

TJX Cos. Inc. said a data security breach discovered in December was more extensive that originally estimated.

eBay Inc., whose PayPal Inc. is already a strong competitor in person-to-person payments, is looking to its Skype Internet telephone service as a way to expand its international money-transfer volume.

Clarke American Corp., the No. 3 U.S. check printer, said Wednesday that it has arranged the financing for its planned $1.7 billion purchase of its larger rival, John H. Harland Co.

NetBank Inc. said it is nearly done shedding its less appealing businesses, but it reiterated that it will take at least until next quarter to return to profitability.

With a pair of deals this week, First Data Corp. underscored its interest in buying technology that can broaden its payment processing services to merchants and financial institutions.

Financial companies and other vendors are increasingly pitching mobile payments as a method for unbanked immigrants to send remittances across borders, but analysts caution that the market remains immature.

With a pair of deals this week, First Data Corp. underscored its interest in buying technology that can broaden its payment processing services to merchants and financial institutions.

Following through on its acquisition of an online cash management provider last fall, Transaction Systems Architects Inc. has rolled out an online version of its heavy-duty payment applications to make them available on demand to North American banks and retailers.

E-Trade Financial Corp. today is rolling out a service letting its customers trade in six foreign markets, and executives gave more details about its international banking plans.

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

Fiserv Inc. announced Thursday that it has integrated its online bill payment service, Paytraxx, with its core account processing systems and that 91 customers have bought the service.