02:18 PM
Big Deals
First Citizens Selects Financial Fusion
First Citizens Bank (Raleigh, N.C.) licensed Financial Fusion's (Concord, Mass.) banking suite, which will provide the bank with an enterprisewide platform to offer online services and products to retail and business customers.
Banknorth Hires Harland
Banknorth, (Portland, Maine) licensed Harland Financial Solutions' (Atlanta) Encore! suite of branch automation products and implementation and training services. With the implementation, all Banknorth locations will be on the same open system platform.
CCU Finds Fiserv
Community Credit Union (Plano, Texas) selected Fiserv CBS Worldwide (Lake Mary, Fla.) as its core processing partner. CCU also will enhance its image offering by licensing Nautilus from Fiserv's Imagesoft Technologies unit as its archive.
First National Bank/P&H
First National Bank of Kansas (Goodland, Kan.) renewed its partnership with Web-based banking services provider Politzer & Haney (Newton, Mass.). P&H's Web Cash Manager Suite allows the bank to tailor offerings to its diverse client base.
New Ocwen Facility
Ocwen Financial Corp. (West Palm Beach, Fla.) will invest $8.3 million to establish a data center and technical support facility in Belfast, Ireland.
HSBC Uses VASCO
HSBC Brazil (HSBC global headquarters in London) will provide VASCO Data Security International's (Oakbrook Terrace, Ill.) Digipass GO3 user-authentication system to its business customers for use with its Connect Bank Internet application.
Wachovia Re-ups With USi
Wachovia Mortgage Corp. (Charlotte, N.C.) renewed its hosting contract with USi (Annapolis, Md.). The customized solution leverages USi's AppHost platform for the outsourced management and hosting of the Wachovia Mortgage Web site.
Midwest Trust/Metavante
Midwest Trust Co., headquartered in Overland Park, Kan., signed a long-term investment technology agreement with Metavante Corp. (Milwaukee), which will deliver trust processing services from its investment technology services division.
Valley Bank Selects COCC
Bristol, Conn.-based Valley Bank will outsource its processing to COCC (Avon, Conn.) this November. Valley Bank will utilize COCC's outsourced core, electronic banking, financial, network and disaster recovery services.
Fundtech Taps TFP
Fundtech (Jersey City, N.J.) will offer its PAYplus funds transfer product line with US Treasury's Office of Foreign Assets Control (OFAC) entity data from TFP (Skokie, Ill.), a division of Thomson Media. TFP's data is used to screen payment transactions for possible OFAC violations.