Bank technology

Much of PayPal Inc.'s success has been attributed to its rigorous behind-the-scenes war against fraud. Now the online payments company is taking its battle to the computer desktop, where customers can see its efforts.

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The first piece of the Federal Reserve Banks' image exchange network is working, and the second will be available soon.

Jack Henry & Associates Inc. has made two image processing acquisitions, picking up TWS Systems Inc. and the SERsynergy division of SER Solutions Inc.

Retailers are running short of Apple Computer Inc.'s popular iPod music players, but last week Citigroup Inc. started offering the popular holiday gadgets to customers for free.

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Joel E. Biggerstaff wishes bankers would be more forthcoming about their plans for check-image exchange.

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Oracle Corp.'s president says the business software vendor stands to boost its sales in the banking market by acquiring PeopleSoft Inc.

A third check image clearing system is up and running.

In a series of lawsuits against several banks and vendors, a small New York payment processor is asserting broad patent rights over the process of creating and storing digital check images.

In a move that could foreshadow a showdown between check imaging and the automated clearing house system, BB&T Corp. of Winston-Salem, N.C., has added an imaging system to its lockbox service.

Yodlee Inc., the online aggregation vendor, is developing a system for consumers to move money among their accounts at different banks and brokerages.

Wachovia Corp. is the latest bank to introduce a remote-capture application.