Bank technology

CLS UK Intermediate Holdings Ltd. said last week that its U.S. banking unit, CLS Bank International of New York, set a volume record on Dec. 20, settling 529,318 payment instructions worth $6.62 trillion, using continuous linked settlement of foreign exchange.

Facing a firm yearend deadline to implement stronger security for online transactions, many banks have developed very similar strategies.

DealerTrack Holdings Inc. announced that 300 lenders are participating in its online auto lending marketplace.

Obopay Inc. has stepped up its efforts to encourage adoption of its nascent mobile phone payment service.

Open Solutions Inc. has announced plans to retire most of its outstanding debt in conjunction with the private-equity deal it unveiled in October.

The online banking outsourcer Digital Insight Corp. announced last week that it would offer its financial-institution clients a fraud-monitoring tool from Entrust Inc. of Dallas.

Goldleaf Financial Solutions Inc. of Brentwood, Tenn., announced that it would offer network security services from Gladiator Technology Services Inc. of Alpharetta, Ga., to its financial institution clients.

First Data Corp. is evaluating three internal candidates to succeed Henry C. Duques as chief executive of the Denver transaction processing giant.

SunGard Data Systems Inc. has acquired Automated Financial Systems Corp., its second acquisition in as many days.

M&F Worldwide Corp., a New York holding company that owns the No. 3 check printing company, announced Wednesday that it is buying its larger rival, John H. Harland Co.

The mobile phone payments company Obopay Inc. has signed a deal to distribute its payment software to customers of the wireless carrier Helio LLC.

When M&F Worldwide Corp. acquired Clarke American Corp. in December 2005, the New York holding company linked two very unlikely affiliates.

Wachovia Corp. has unveiled an online banking system for mobile phones, using software developed internally.

SunGard Data Systems Inc. announced Tuesday that it has bought a Chinese financial software vendor, Shanghai Fudan Kingstar Computer Co. Ltd, to help SunGard expand its operations in China.

Citigroup Inc. has agreed to use lending software and support services from Chordiant Software Inc.

Commerce Bank and Trust says it has spotted $250,000 in potentially fraudulent checks since it installed an anti-fraud product from Goldleaf Financial Solutions Inc.

S1 Corp. said Monday that it would buy 10.5 million of its shares through the "modified Dutch auction" that it announced in October.