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Open Solutions Inc. has begun transmitting check-image files directly to Bank of America Corp. on behalf of a correspondent bank.
May 23 -
Metavante Corp.'s plan to drop the brands of three companies it has purchased over the past two years may indicate it is moving beyond the acquisition phase of its imaging strategy to focus on marketing.
May 22 -
Wausau Financial Systems Inc. is using its check imaging capabilities to reach larger clients, including those outside the banking industry.
May 18 -
Several major banking companies are discussing testing an electronic check-clearing system that would combine imaging technology and the automated clearing house network.
May 17 -
The Omaha payment software company Transaction Systems Architects Inc. plans to buy Electronic Payment Systems AG, a Frankfurt transaction processing software provider.
May 15 -
SAN DIEGO — Despite strong skepticism within the industry, Nacha plans to test a system that would route payment for online purchases across the automated clearing house network.
May 12 -
JPMorgan Chase & Co.'s deal to buy Bank of New York Co.'s retail branches opened the door for Sovereign Bancorp. Inc. of Philadelphia to puts its name on hundreds of automated teller machines in New York City.
May 12 -
NetBank Inc. blamed its $11 million first-quarter loss on its mortgage servicing unit, which it is trying to sell.
May 11 -
Fifth Third Bancorp has agreed to use a new corporate check security application from CheckFree Corp.
May 11
