Bank technology

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Hiring Nasdaq Stock Market Inc.'s chief information officer may signal that Citigroup Inc. means to beef up its electronic trading capabilities, analysts said Wednesday.

Viewpointe Archive Services LLC, the massive check image repository that serves 11 of the nation's biggest banks, plans to link its systems with the archive operated by Fiserv Inc., which serves thousands of smaller banks.

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Print System Helps Wachovia Speed Up Employee Checks

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Because of persistent problems, the state of Washington has terminated its test of a magnetic stripe payment card for authorizing purchases under its Women, Infants, and Children electronic benefits program.

ORLANDO - Wachovia Corp., once a strong advocate of running its own bill-pay service, has abandoned that strategy. Last week Lawrence Baxter, its chief e-commerce officer, talked about why.

Metavante Corp.'s plan to buy AdminiSource Corp., a Carrollton, Tex., provider of payment services to insurers and health-plan administrators, would push the Milwaukee company further into the developing market for health-care payments.

Banks marketed online bill payment to middle-aged customers by eliminating fees for the service, but a study finds they may have to develop new marketing strategies to reach the growing under-30 market.

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Taking a burden off banks, Microsoft Corp. will equip its industry-dominating Web browser, Internet Explorer, with a module that bars consumers from phishing sites flagged by three vendors.

Viewpointe Archive Services LLC has linked its shared check-image archive with Metavante Corp's image exchange, Endpoint Exchange Network, and Bank of America Corp. is already transmitting image files to Endpoint customers.

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