Bank technology

A year after the Check Clearing for the 21st Century Act took effect, and supposedly triggered a race to use image exchange networks, many bankers are still at the starting blocks.

Two deals in the past two days will soon have a pair of check businesses bouncing to new owners.

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Enticed by convenience and rewards programs, a growing number of people are paying recurring bills with their debit cards.

Computer Sciences Corp. has been named as a possible target for a private equity buyout, and analysts say that if such a deal occurs, its bank core processing unit could be spun off.

Commerce Bancorp Inc. of Cherry Hill, N.J., is updating its call centers to keep track of how customers navigate its interactive voice response system.

A large tax settlement drove up NCR Corp.'s earnings, but revenue for its automated teller machine business fell short of the company's guidance.

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Fidelity National Financial Inc.'s third-quarter profits easily beat Wall Street's expectations, and its own, and the company said its insurance processing business would bring in substantial profits this quarter.

CheckFree Corp.’s profits more than quadrupled in its fiscal first quarter, which ended Sept. 30, but executives warned that it expected uneven results for the rest of the year.

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Even though they are protected by online banking passwords, the digital check images posted on banks' Web sites could be used for check fraud, warn some observers.

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To spot signs of fraud, banks are looking at how people navigate through their Web sites.

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The Brookfield, Wis., financial technology vendor Fiserv Inc. posted strong third-quarter earnings, but its stock was downgraded because of concern over decelerating revenue growth.