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Some banks and credit unions are using biometric traits to identify customers at the branch, but critical issues, such as what happens if a fraudster steals that data, have prevented more widespread adoption.
August 18 -
Online Resources Corp. has restated its financial results for the last seven quarters, cutting its earnings by a total of 11 cents a share, after changing its policy on unclaimed bill payments.
August 17 -
Bisys Group Inc. said it will delay reporting results for its fiscal fourth quarter, which ended June 30, while it restates past earnings.
August 17 -
Clearing House Payments Co. LLC plans to announce today that it has begun providing automated settlement for checks cleared through its image exchange network.
August 17 -
Businesses have jumped on the check-image bandwagon more enthusiastically than bankers had expected, possibly because they see a bigger payoff than bankers recognized.
August 17 -
A company that markets bill-payment identification cards and stored-value payment cards to the unbanked is developing a way to use the cards to pay bills online.
August 16 -
Endpoint Exchange LLC of Oklahoma City, which was set up for image-based check clearing between client banks, is now offering to clear images of those drawn on other banks too.
August 15 -
The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
August 15 -
Two financial companies have defied conventional wisdom by establishing a direct connection for exchanging check images with each other, and others are planning to follow suit.
August 12 -
Buying the Birmingham, Ala., processor Brasfield Corp. would give Metavante Corp. a platform for offering a hosted version of the core processing software of a Metavante unit, Kirchman Corp.
August 12 -
When banks switch their online bill-payment vendor, a lot can go wrong.
August 11 -
Bankers are eager to cash in on the easy funding offered by health savings accounts, but many have discovered installing the systems necessary to manage the accounts poses considerable challenges.
August 10



