Bank technology

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

TLC Federal Credit Union has begun converting checks into images at its branches and transmitting them to a central processing site, using software from Integrated Media Management.

In the past three weeks, Intuit Inc. has struck a pair of deals to add online banking, bill-pay, and transaction processing capabilities to its payments lineup.

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

Citigroup Inc. has begun delivering dividend payments from companies in the United States and the United Kingdom in the local currencies of shareholders in other countries, under an agreement with the Australian corporate services provider Computershare Ltd.

TRM Corp., which has put more focus on its struggling automated teller machine operations, is selling its U.S. photocopy business.

Visa U.S.A. Inc. has introduced what it calls the first general-purpose prepaid card with a contactless payment chip.

U.S. Bancorp expects to be able to process check images in all parts of the company next year and probably will clear a majority of its checks that way by the end of that year.

More financial services companies are studying the open-source format as a way to save money by working together on projects that do not provide competitive differentiation.

Few financial companies are offering their customers password-generating tokens, but two computer memory companies are offering consumers devices with authentication capabilities.

Prudential PLC, the United Kingdom's second-biggest insurer, turned down an offer for its Egg Internet banking unit.

Slow third-quarter sales at the payments technology vendor Carreker Corp. kept earnings close to break-even, but the company, which is shopping itself, said it expects better results next year.

Oracle Corp. is trying to acquire a larger stake in the Indian core processing software company i-flex solutions ltd., and is willing to pay more for it.

Online Resources Corp. has provided guidance for 2007 that includes a boost in revenue from the acquisition of a rival online bill-payment vendor this year and the loss of two major clients.

Fiserv Inc. watchers received a measure of satisfaction this week when the banking technology company provided its first substantial peek at a long-expected corporate overhaul that executives have termed "Fiserv 2.0."

CU Hawaii Federal Credit Union has installed a video remote teller system from Diebold Inc. to let three tellers handle 14 customer windows at its new Keaau branch.