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The idea of using the automated clearing house system to deliver consumer bills to banks has been kicking around the industry for several years. Nacha, the electronic payments association, is now seeking participants for a pilot test.
May 17 -
The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.
May 16
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Though Ameritrade Holding Corp. rejected its merger overtures, E-Trade Financial Corp. reiterated its offer Thursday for the rival online brokerage.
May 13 -
PayPal Inc. said Tuesday that it had received a People’s Voice Award for best financial services Web site from the International Academy of Digital Arts and Sciences.
May 12 -
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
