Bank technology

Oracle Corp. said it has submitted its Identity Governance Framework to the Liberty Alliance to be developed into an open-source standard for protecting sensitive identity-related information as it travels across computer systems.

RSA Security Inc., a San Francisco unit of the Hopkinton, Mass., data storage vendor EMC Corp., has teamed up with McAfee Inc. of Santa Clara, Calif., to develop an online banking security product.

Fidelity National Information Services Inc. has reported strong fourth-quarter growth and is turning its sights on midsize banks, which Lee Kennedy, its president and chief executive officer, said Wednesday are those ranked 50th to 150th in asset size.

First Federal Community Bank of Bucyrus, Ohio, has agreed to outsource its core account processing to the Avon, Conn., service bureau COCC.

Intuit Inc. of Mountain View, Calif., said it has completed its $1.33 billion acquisition of the Calabasas online banking outsourcer Digital Insight Corp.

The Federal Trade Commission said the number of identity theft complaints it received last year dropped slightly from 2005, but the amount victims lost as a result of fraud rose sharply.

BB&T Corp. says it has started opening accounts instantly online to attract customers.

The check printer Clarke American Corp., a subsidiary of M&F Worldwide Corp. of New York, said its Clarke American Checks Inc. would close a Charlotte call center that employs 230 workers.

Consumers' increased vigilance is helping banks curb identity theft, even though individuals often look for the problem in the wrong places, experts say.

Fiserv Inc. of Brookfield, Wis., said its Fiserv Imagesoft unit is distributing software from Conix Systems Inc. of Manchester, Vt., to help banks guard against posting transactions multiple times.

RSA Security Inc., the security division of the Hopkinton, Mass., data storage vendor EMC Corp., said Wachovia Corp. is using the RSA Adaptive Authentication system and has joined the RSA eFraudNetwork.

Jack Henry & Associates Inc. said demand for its remote capture technology has surged.

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

First Data Corp.'s international division has renewed a long-term agreement to offer processing services to Cuscal Ltd., an Australian company that provides various services to credit unions.

Banks and other users of the automated clearing house network are about to start paying a new fee to support Nacha, the industry's chief rulemaker.

Fiserv Inc. blamed unusually large contract terminations a year earlier for the sharp drop in its fourth-quarter earnings.

Two months after launching a "paperless checking account," ING Bank FSB has taken a further step toward meeting customers' traditional transactional needs by providing surcharge-free access to a network of automated teller machines.

CheckFree Corp., the leading provider of electronic bill payment and presentment services, has landed a new bank customer and is trying to expand by offering electronic remittances to small businesses and streamlining its bill presentment process.