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In taking the wraps off their updated bill payment service, Metavante Corp. and Digital Insight Corp. have added presentment capabilities and shed some light on one of the bill-pay market’s recent mysteries: Whatever happened to Spectrum.
October 18 -
Metavante Corp. has agreed to buy the software firm VectorSGI from Thomas Cressey Equity Partners for $100 million, the buyer and target said Thursday.
October 15 -
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Harris Bank is entering the world of digital check technology, but it is only taking a baby step — it said Wednesday that it had signed up to store its check images with Viewpointe Archive Services LLC.
October 15 -
Total System Services Inc. has finalized an agreement with J.P. Morgan Chase & Co. to service the credit card portfolios of JPMorgan Chase and Bank One Corp.
October 14 -
Paper check processing volume at the Federal Reserve banks is falling off at an increasingly steeper rate.
October 14
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Many PayPal Inc. customers lost access to their accounts — including offline use of their PayPal debit cards — after a software update Friday morning went wrong.
October 13 -
Will customers wait in line to bank online?
October 13 -
Many security features meant to ensure that paper checks are valid will not work when they have been turned into digital images, as banks are preparing to do.
October 12 -
Nacha, the electronic payments association, has notified banks that it is moving forward with a controversial proposal to require them to pay a fee for initiating automated clearing house transactions that turn out to be unauthorized.
October 7
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Despite numerous studies that say people who pay bills online prefer to pay them all at a single Web site, the fact remains that by a wide margin more of them are going directly to biller sites.
October 6
