Bank technology

When it closes its $408.2 million deal for InterCept Inc., Fidelity National Financial Inc. would become the second-largest core processing outsourcer for banks.

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Jack Henry & Associates Inc.’s acquisition of Banc Insurance Services Inc., the outsourcing vendor’s first move into insurance, demonstrates that insurance is an increasingly important element for companies hoping to attract bank customers.

An Indian financial software company whose biggest customer and shareholder is Citigroup Inc. has formed another alliance to crack the U.S. market.

Mobile branches and portable automated teller machines have been around for a while, but most bankers say the technology that connects them to their home base has been nothing to write home about.

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The Oct. 28 implementation date of the Check Clearing for the 21st Century Act is often portrayed as the banking industry's equivalent of a start gun at the Olympics, the opening salvo in a race to use check images, the day on which every bank must be in perfect technological form.

InteliData Technologies Corp., the electronic bill payment vendor facing a potential delisting from the Nasdaq National Market, plans to move its stock to the Nasdaq SmallCap Market at the opening of business today.

Banks have known for a while that it will take time to realize the cost savings and efficiencies that are supposed to result from the replacement of paper checks with digital images.

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Banks are using incentives to encourage college students to open accounts online and connect the accounts with their parents'.

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Many financial companies have enrolled customers for an Internet service, but far fewer have had much luck with follow-up sales.

Sumitomo Mitsui Banking Corp. says it is finding new uses for a risk analysis system it developed using the e-Work business-process management software from Metastorm Inc.

S1 Corp. calls the new version of its technology platform a major step toward delivering a single system that can run almost all of a bank's operations.

Much of the talk about image settlement has focused on how banks can accelerate the clearing process by sending images to each other, and scant attention has been paid to how the checks arrive at the banks.