Bank technology

The point of sale terminal manufacturer Hypercom Corp. has sold the U.K. leasing business that sparked an accounting mess last year and led to the departure of two top executives.

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Instead of investing in image exchange technology themselves, four Montana banks have outsourced their check processing to Fiserv Inc. and sold the vendor much of the equipment in their shared processing center.

Zions Bancorp. announced the launch Wednesday of a biometric verification service for consumers who cash payroll and government checks at its branches.

National City Corp.’s online banking system now permits customers to view images of checks that the Cleveland company creates automatically for some bill payments.

Online Resources Corp. said Wednesday that its acquisition of Princeton eCom Corp. would increase its revenue by $20 million in the second half of 2006 but could reduce earnings by 7 to 10 cents a share.

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On the heels of Yodlee Inc.'s announcement last month that it is offering a next-generation bill-payment service, CheckFree Corp., the dominant provider in that market, has stepped up with details about a plan of its own - specifically, it aims to introduce a service similar to Yodlee's next year.

Shares of Deluxe Corp., the nation's largest check printer, have tumbled since it reduced its full-year earnings guidance and warned that it expected to post a loss for the second quarter.

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

RSA Security Inc. says its consumer online banking security business would not be changed after the vendor sells itself to the data storage company EMC Corp.

Metavante Corp. said its deal to acquire Vicor Inc., a Silicon Valley maker of lockbox automation systems, would enhance its appeal to bigger banks and bring it into a new area of payments.

Yodlee Inc. has long offered products that keep track of and move money between accounts at multiple financial companies, but the vendor is pitching its latest software as a tool for creating an entire online banking service.

Bank of America Corp. has hired Electronic Data Systems Corp. to run the voice and data networks for its MBNA Corp.

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

Union Bank of California is revamping its cash custody operations to avoid incurring substantial fees when a new Federal Reserve Board rule on short-term cash deposits takes effect July of next year.

Another shareholder has stepped up to urge Carreker Corp. to sell itself.