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An institutional investor is demanding that AirNet Systems Inc. of Columbus, Ohio, stop trying to diversify out of the check courier business — and that it oust its chief executive, who has led the diversification effort.
March 28 -
Prudential PLC said it will replace its chief executive, partly for his failure to find a buyer for its majority stake in Egg PLC, the underperforming online bank.
March 28 -
To promote interoperability among the various image exchange networks, the Endpoint Exchange Network has decided to use the rules drafted by the Electronic Check Clearing House Organization for settling payments with check images.
March 24 -
LAS VEGAS - Credit scores, a staple tool of loan originators, are gaining in popularity among debt collectors, who use them to select the most cost-effective strategy and to determine which customers are most likely to repay, executives said.
March 23 -
Selling itself to a group of private equity firms, as it seems to be trying to do, could scuttle SunGard Data Systems Inc.'s plan to spin off its disaster-recovery business, analysts say.
March 23 -
The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
March 21 -
The banking software vendors Corillian Corp. and Cyota Inc. have incorporated Quova Inc.'s GeoPoint into their fraud-prevention systems.
March 21 -
As more banks begin to transmit digital check images across the country, couriers that haul paper checks are starting to feel a squeeze.
March 18 -
Several veterans of the British online bank Egg PLC have started an innovative person-to-person lending Web site, Zopa.co.uk, and plan to expand into the United States.
March 17




