Bank technology

Is the industry ready for an open approach to sharing online fraud data?

First Data Corp.’s third-quarter earnings fell 34%, to $342.2 million, or 17 cents per share, in part because of one-time charges including last month’s spinoff of Western Union Co.

The conflict between S1 Corp.'s management and an unhappy investment group reached a turning point Monday, with a buyback offer and the departure of S1's chief executive.

Perimeter Internetworking Corp. is offering an online service it says can help community banks analyze data security risks.

With a recapitalization completed this month, Goldleaf Financial Solutions Inc. slashed its debt, reduced its obligations to a major private-equity backer, and is ready to pursue additional acquisitions, its president and chief executive said last week.

Witness Systems Inc.’s acquisition of two branch-staffing software vendors this month received mixed reviews from analysts.

The San Francisco brokerage firm Charles Schwab Corp. is using software from CheckFree Corp. to manage a set of eight mutual fund wrap portfolios.

The Los Angeles wireless telephone carrier Amp'd Mobile Inc. has begun offering a mobile payment service using software from Obopay Inc.

Total System Services Inc., which is expected to start deconverting Bank of America Corp.'s massive consumer credit card portfolio today, says it is not worried about the lost business.

For more information on this data, visit Novantas LLC and Market Rates Insight.

Disappointing third-quarter results from Marshall & Ilsley Corp.'s technology subsidiary, Metavante Corp., prompted an analyst to cut his earnings estimates Tuesday for the Milwaukee banking company.

Union Bank of California said it had begun offering corporate clients a service to transmit wire transfer information to the bank in bulk files for automated processing.

P&H Solutions Inc. said Tuesday that it had added bill presentment and payment capabilities to its online business-banking service, through a pair of vendor partnerships.

Though the share of phishing e-mails attacking banking companies’ brand names has fallen, banks’ losses to fraud are climbing — and the overall volume of fake e-mails has surged.

Businesses are showing increased interest in using universal payment identification codes, The Clearing House Payments Co. LLC said.

The deal by a pair of private-equity companies to acquire Open Solutions Inc. could be a harbinger of merger and acquisition activity in the sector, according to executives and observers.