Bank technology

Bank of America Corp. is hoping to build on the success of its Keep the Change program by expanding the 5,000 affinity card relationships it got in January by buying MBNA Corp. to include affinity mortgages, insurance, and other products.

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LAS VEGAS - Some payment executives, including some bankers, are voicing skepticism over the value of a converged payment system that would use both image exchange systems and the automated clearing house network to settle payments.

Emigrant Bancorp of New York has raised the rate it offers on its online savings account to 4.65%, from 4.50%.

Endpoint Exchange LLC, which operates an image exchange network used mostly by small financial institutions, has added some large ones.

Concern that fraud is threatening consumer confidence in the payment system is prompting some banks to collaborate on new security measures.

Wachovia Corp. has awarded the processing business for its fledgling credit card operation to Total System Services Inc.

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LAS VEGAS — Bankers say new technologies are putting pressure on their payments revenue.

Viewpointe Archive Services LLC is planning a major upgrade to its check-archiving network.

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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.

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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.