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The banking industry has not reached a consensus on whether to store check image files in-house or in a shared archive, and the issue is becoming an increasingly front-burner question as more banks start using digital images to clear checks.
May 12 -
Total System Services Inc. announced Wednesday that it is in talks with Capital One Corp. to provide processing services for the issuer’s U.S. consumer and small-business credit card portfolios.
May 12 -
The final two pieces of the Federal Reserve banks' image strategy are clicking into place.
May 11 -
Banking may have helped provide means and perhaps a partial motive for E-Trade Financial Corp. to try to buy Ameritrade Holding Corp., industry watchers said Monday.
May 10 -
Many banks are discovering that the process of converting checks into digital images and then back into paper as image replacement documents is creating a significant amount of duplicate items.
May 10 -
The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
May 9
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Shares of S1 Corp., the Atlanta banking software vendor, fell 18% on Friday, to $4.29, on a pair of analyst downgrades after the company quit providing full-year earnings guidance.
May 9 -
ORLANDO - Viewpointe Archive Services LLC, which has spent four years developing a massive check-image archive and settlement system that serves a few large banks, is completely revamping its business plan.
May 6 -
Several banks offer person-to-person funds transfers through the automated clearing house network, but NYCE Corp. says it can move the money faster over its debit network.
May 5 -
NetBank Inc. of Alpharetta, Ga., reported a first-quarter loss of $2 million and said nonconforming mortgage sales dragged down its business.
May 5 -
ORLANDO - Corporate customers are voicing frustration about banks' sluggish shift toward check imaging.
May 5 -
Sony Online Entertainment Inc. is developing an online auction site that would once again put eBay Inc. and its PayPal Inc. at the forefront of low-value transactions and may have ramifications for the payments industry.
May 4 -
The eight banks that make up the Milwaukee Clearing House Association have shifted its daily check settlement operations to the National Clearing House Association.
May 3
