Bank technology

The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.

Bank technology vendors have gotten pricey, Jack Henry & Associates Inc.’s chief executive says, but he intends to keep buying this year anyway.

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A year after going to an Internet system to give its wholesale bankers a unified view of customer accounts, Wells Fargo & Co. has started a rollout of a similar system for employees who serve its online retail and brokerage customers.

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Three market research firms agree that banks are increasing their technology spending this year, with the goal of improving their back-office systems and making their compliance efforts more cost-effective.

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HSBC Holdings PLC is working with the cash management technology vendor Fundtech Corp. to consolidate its global payment systems.

The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.

Though its contract renewals are at record levels and revenue gains are strong, Metavante Corp.'s chief executive said he expects organic growth to slow in 2005.

Fidelity Information Services Inc. of Little Rock, the big technology arm of the title insurer Fidelity National Financial Inc., has agreed to begin reselling software from Oracle Corp. this year.

International Bancshares Corp. of Laredo, Tex., on the Mexican border, will be adding Spanish-language transaction capability to its consumer and corporate online banking services.

A year ago Clearing House Payments Co. LLC laid out an ambitious schedule that called for as many as eight of its bank-owners to be exchanging check images through its network by the end of 2004.

The check courier AirNet Systems Inc. is on the block.

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