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Bankers are introducing a variety of corporate services in preparation for a Nacha rule change that will let them convert some business checks into automated clearing house transactions.
August 14 -
The president and chief executive of Bisys Group Inc., Russell P. Fradin, has submitted his resignation, and the New York banking technology outsourcing provider appears to be considering selling itself.
August 11 -
Payment Processing Inc. is hoping low-cost Internet technology will persuade parking meter and kiosk operators to use its system to accept payment cards.
August 11 -
During its second-quarter earnings conference call, S1 Corp. said it is making progress in shifting customers to a recurring-revenue pricing system, but it said little about whether it will sell itself.
August 10 -
The number of banks and credit unions that can receive check images is rising sharply, further reducing the need to print image replacement documents.
August 8
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Online Resources Corp. says the most substantial benefit of acquiring the bill-payment rival Princeton eCom Corp. is the ability to execute last-minute payments from its bank customers' Web sites.
August 7
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The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
August 7
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Among the big U.S. financial companies, Wells Fargo & Co. has stood out as one that has kept its technology in the United States while others sent work to lower-cost markets around the world.
August 3 -
The growing use of patents is likely to change the financial services industry, locking in innovators' advantages and raising costs for others, according to bankers, lawyers, and other experts.
August 2
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WASHINGTON - A Senate subcommittee report due out today will accuse financial institutions doing business in the United States of aiding citizens and companies in using offshore accounts to avoid paying taxes and filing necessary disclosures.
August 1
