Bank technology

The Check ACH Coalition's decision to abandon its efforts to link the automated clearing house system with image exchange networks acknowledged that the project was too complex — and had been all but mooted by market forces.

The security technology vendor Entrust Inc. says it is hoping to revive interest in password tokens by offering them for $5 each.

The Check ACH Coalition has abandoned a plan to develop a payment system that would have combined check imaging and automated clearing house processing.

In beefing up their systems for processing health-care payments, major banking companies are betting they can help move the insurance and hospital industries away from paper record keeping.

Sterling Financial Corp. of Spokane said its Sterling Savings Bank plans to exchange check images with users of Viewpointe Archive Services LLC's shared archive.

Covelight Systems Inc. of Cary, N.C., said BB&T Corp. will use its security software to protect its Web site.

SunGard Data Systems Inc. of London has acquired two treasury management product lines from XRT Group of King of Prussia, Pa.

Deluxe Corp. expects the decline in its check-printing business to slow this year, but it still plans to focus on building up its small-business printing and office supply operations.

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

eFunds Corp. expects to post a modest fourth-quarter loss for its prepaid card division.

First Data Corp. announced a deal with Inicis Co. Ltd., a Seoul online payment processor, to provide merchant processing services to online merchants in South Korea.

Solidus Networks Inc.'s SmartShop biometric loyalty system can increase retailers' volume of low-cost automated clearing house payments by prompting customers to spend more, according to a report by Aite Group LLC.

The Fremont, Calif., financial planning software provider AdviceAmerica Inc. has agreed to use CashEdge Inc.'s AllData aggregation software.

First Data Corp. unveiled a plan Thursday to consolidate its numerous U.S. data centers and application platforms in a bid to increase efficiency.

PNC Financial Services Group Inc. is using automated teller machines from Diebold Inc. that can accept check deposits without envelopes.

More than 9,000 of Tower Federal Credit Union's customers have used the Dynamic Card Solutions instant payment card-issuing system the credit union installed last year, the technology company said.

In the wake of a data-breach disclosure by TJX Cos. Inc. last week, Visa U.S.A. Inc. is considering requiring retailers to disclose their role in all such breaches to issuers.