Bank technology

The Dutch banking company ABN Amro Holding NV has agreed to use software from SAP AG to manage client data for its global cash management services.

Shares of Deluxe Corp. rallied Thursday after the nation’s largest check printer raised its third-quarter earnings guidance by nearly 40%.

International Business Machines Corp. and Oracle Corp. have signed a joint marketing agreement to offer a variety of products and services to banking companies around the world.

Bank of America Corp.’s announcement in 2002 that it would eliminate its fees for online banking sent a shock wave through the industry and prompted several competitors to drop their own fees.

The Society for Worldwide Interbank Financial Telecommunication has finished testing one system for processing corporate information, and announced a test for another.

The operators of the nation's two wire transfer systems say businesses would send more wires - and pay a premium to do so - if they could attach invoice details to the payments.

Hewlett-Packard Co. is letting customers pay for online purchases through PayPal Inc. of San Jose.

Barclays Capital, one of the world's largest foreign exchange banks, hopes to build business for its online trading portal by offering automated exchange tools to traders and correspondents.

Hoping to simplify the servicing of its $600 billion mortgage portfolio, JPMorgan Chase & Co. has agreed to consolidate its multiple servicing systems into one using software from Fidelity National Information Services Inc.

Banking and insurance companies are spending more to combat money laundering and terrorist financing, a survey by KPMG LLP found.

International Business Machines Corp. is expanding its service-oriented architecture offerings for the financial services industry, and Ameriprise Financial Inc., an IBM customer, has expressed interest in the new technology.

Midwest Independent Bank, a Jefferson City, Mo., bankers' bank, has agreed to use imaging software from US Dataworks Inc.

Forty percent of business-to-business payments will be made electronically this year, according to a report from Marshall & Ilsley Corp.'s Vicor Inc.

The announcement by AirNet Systems Inc., the nation’s largest courier of canceled checks, that three big banks are cutting back their use of its services reflects the ongoing decline in check volume.

The struggling NetBank Inc. has appointed a new chief executive and plans to overhaul its strategy.

As bankers, vendors, and industry watchers gather this week to discuss a proposed converged payments system that would use both image exchange networks and the automated clearing house, a variety of opinions is starting to emerge.

Fidelity National Information Services Inc. says its credit card processing deal with BB&T Corp. validates its merger with Certegy Corp., which was aimed in part at boosting cross sales.