Bank technology

HypoVereinsbank AG of Munich named International Business Machines Corp. to manage some of its technology operations.

Shares of Infosys Technologies Ltd. fell last week after shareholders sold 30 million American depositary shares worth $1.6 billion in a secondary offering, converting shares from the Indian market to increase the company's international equity exposure.

The National Clearing House Association said its check image volume rose 56.1% in the third quarter compared with the second quarter.

First Data Corp. said its creditors tendered more than $1.6 billion of corporate debt under a purchase offer the Denver company made Nov. 7.

Mobile phones could be the next big thing for banking and payments.

Northwest Bancorp Inc. of Warren, Pa., has licensed teller automation and customer relationship management software from John H. Harland Co.

Transaction Systems Architects Inc. has agreed to distribute business bill payment software from iPay Technologies LLC of Elizabethtown, Ky.

Boiling Springs Savings Bank of Rutherford, N.J., is using multifactor authentication technology from Comodo Group Inc.

Two years after beginning a major conversion to Internet-based telephone systems, Bank of America Corp. says it is hitting its stride in converting branches and plans to begin a call-center pilot test by yearend.

Principal Financial Services Inc. of Des Moines has become the first company to use a new online banking application from S1 Corp. of Atlanta.

The Redwood City, Calif., mobile phone payment company Obopay Inc. has received financial backing from the venture capital company Wolfensohn & Co. LLC.

Transaction Systems Architects Inc. said it will take longer than expected to make a profit from its acquisition of P&H Solutions Inc.

Google Inc. is offering its Checkout payment service free to merchants through yearend.

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

CheckFree Corp. said more than 40 financial companies are using its fraud detection software or will start using it this year.

Corillian Corp. says the site authentication element it has added to its Intelligent Authentication antifraud product is less taxing on network communications systems than competing technology.

LAS VEGAS - Jane Thompson offered an hourlong defense of Wal-Mart Stores Inc.'s financial plans here and urged bankers to look at the retailing giant and would-be bank as posing an opportunity, not a threat.

Synovus Financial Corp. plans to offer its customers online banking services that can be accessed through mobile phones.