Bank technology

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.

First Data Corp. has agreed to sell its tax software business so it can concentrate more on its core transaction processing operations.

The security software vendor Arcot Systems Inc. has made its antifraud technology compatible with the aggregation software products sold by Yodlee Inc.

Online Resources Corp. has hired Robert R. Craig to manage its bill-payment unit, which expanded significantly when the Chantilly, Va., banking technology vendor acquired the bill-pay provider Princeton eCom Corp. in July.

Three Asian financial companies are using treasury management software from Misys PLC.

Commonwealth Bank and Trust Co. of Louisville is using instant payment card-issuing systems from Dynamic Card Solutions of Englewood, Calif.

Bankers anticipate significant changes in payment processing, especially among large merchants, as a result of rules that will take effect in March and will authorize a new way to convert checks into automated clearing house transactions.

Two antifraud vendors, Covelight Systems Inc. of Cary, N.C., and Digital Envoy Inc. of Norcross, Ga., have begun selling a combined version of their products.

First Security Bancorp of Searcy, Ark., plans to install an automated marketing software package from Marshall & Ilsley Corp.'s Metavante Corp. of Milwaukee.

With its check-printing business in decline, Deluxe Corp. has expanded its commercial capabilities by acquiring a midwestern printing company.