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Open Solutions Inc.'s acquisition of the item processor Financial Data Solutions Inc. might seem to fly in the face of the relentless decline in check volume.
June 9 -
More banking companies are considering stronger security measures for authenticating online banking customers, but the features touted as improvements for individuals may also become a new hurdle for account aggregators.
June 8
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Many companies still use basic spreadsheet applications to manage their liquid assets in-house, but an increasing number are turning to banks for ways to manage those assets online.
June 7
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Though traditional banks are still taking a wait-and-see approach to offering their customers two-factor authentication tokens, the online security technology is gaining momentum among Internet banks.
June 6 -
The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
June 6
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Ohio Savings Bank of Cleveland is using the latest version of a data analysis program from Insightful Corp. of Seattle to reduce risk and improve its profits on mortgage loans it funds.
June 6 -
Community Bank of Dearborn of Michigan is using a network monitoring device from the Mountain View, Calif., risk management hardware vendor Reconnex Corp. to protect sensitive data.
June 3 -
JPMorgan Chase & Co.'s merchant acquiring unit is offering a service designed to help billers save money by managing customers' electronic payments and steering people to cheaper payment channels.
June 3 -
BOSTON - Despite Citigroup Inc.'s deployment of fingerprint authentication for branch employees, observers are unsure when banking companies will encourage widespread consumer use of biometric technology.
June 2 -
BOSTON - Citigroup Inc.'s success in using the Internet to pick up customers its branch network does not reach has some observers talking about whether Citi might give its online banking business more operational autonomy.
June 1 -
Synovus Financial Corp. of Columbus, Ga., has become the first multibank holding company to link its in-house check image archive with the one used by Viewpointe Archive Services LLC's 11 customer banks.
June 1 -
The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
May 31
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Bank of America Corp. is about to phase in a new verification system for its banking Web site.
May 31 -
In response to the continuing decline in paper check volume, the Federal Reserve banks plan to shut down another check processing center.
May 27
