Bank technology

Fidelity National Information Services Inc. and its majority owner, Fidelity National Financial Inc., have set the final exchange ratio for the spinoff of the information services company, which provides technology to banks.

ViewPoint Bank, a $1.5 billion-asset thrift in Plano, Tex., has hired Fiserv Inc.'s Banklink cash-management unit to provide hosted online business banking services.

NetBank Inc. continued its housecleaning by saying it was preparing to shutter its banking software and services unit, Financial Technologies Inc.

The Atlanta online bill payment vendor CheckFree Corp. plans to use risk-based authentication software from RSA Security Inc., a Bedford, Mass., unit of EMC Corp.

BB&T Corp. has joined the surcharge-free automated teller machine network Allpoint Network, giving its customers free access to over 32,000 ATMs nationwide.

Paul Olivier, the executive vice president of consumer banking for Frost National Bank, has been elected the chairman of the financial institution oversight committee at Pulse EFT Association, the Houston debit network owned by Morgan Stanley.

Citigroup Inc. is hoping to create a business out of offering corporate treasurers digital credentials, a technology that has been available for years but seen little use in the banking industry.

The transaction processor First Data Corp. has renewed and expanded a card-issuing agreement with Wells Fargo & Co.

Bank of America Corp. has seemed content to watch others drive the rapid growth of contactless payments, while rival issuers have distributed millions of the cards to U.S. consumers and merchants have grown more willing to accept them.

NetBank Inc., which has been reconsidering and disposing of business lines this year, announced two more divestitures Monday, and its chief executive said there were still more to come in the next five months.

Fidelity National Information Services Inc., a bank technology provider set to spin off this week from its majority owner, Fidelity National Financial Inc., will join the Standard & Poor's 500 stock index.

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

One of Johann Dreyer's first decisions after taking over as chief executive of the banking technology vendor S1 Corp. was to abandon the subscription pricing model that had been championed by his two predecessors.

John H. Harland Co. plans to merge its Scantron educational testing unit into its technology subsidiary, Harland Financial Solutions Inc., in anticipation of spinning off the tech operation from its core check-printing business, its chairman Timothy C. Tuff said Thursday.

Sterling National Bank of New York has begun clearing checks electronically through The Clearing House Payments Co. LLC's SVPCO Image Payments Network.

RiskMetrics Group Inc. announced Wednesday that it has agreed to buy Institutional Shareholder Services Inc., a provider of corporate governance research, proxy voting services, and analytical databases to money managers.

The Hillsboro, Ore., online banking technology vendor Corillian Corp. said that cross-selling boosted its earnings in the third quarter.

Fifth Third Bancorp said it is close to completing a system overhaul designed to transform it from a technology also-ran into an innovator.

The last two of the top five core processing vendors to report profits this season reported healthy revenue growth but divergent earnings.