05:00 PM
Big Deals
** U.S. Bancorp, Eagle Deal
U.S. Bancorp Fund Services (Milwaukee) selected the Eagle STAR Web-based investment accounting system from Eagle, a division of Mellon Financial (Pittsburgh), to support the bank's mutual fund accounting and reporting needs.
** KeyBank Picks Procuri
KeyCorp (Cleveland) selected Procuri's (Atlanta) TotalSource on-demand supply management solution to streamline and automate strategic sourcing processes.
** West Coast Taps Innovest
West Coast Trust (Salem, Ore.) selected Innovest Systems' (New York) InnoTrust real-time accounting platform for real-time data and custom-reporting functionality, among other features.
** First National Banks on Metavante
DeQueen, Ark.-based First National Security Co. signed a deal for Metavante Banking Solutions' (Milwaukee) in-house core banking software, Bankway.
** Fundtech Wins
Fundtech (Jersey City, N.J.) added Colorado Capital Bank (Castle Rock, Colo.); Community Bank System (Dewitt, N.Y.); Independent Bankers Bank (Lake Mary, Fla.); First Bank (Hazelwood, Mo.); and TierOne Bank (Lincoln, Neb.). to its PAYplus USA and CASHplus payments and banking solutions client list.
** Northpointe Picks ITI
Northpointe Bank (Grand Rapids, Mich.) will deploy the Premier core processing system from Brookfield, Wis.-based Fiserv's Information Technology Inc. (ITI) business unit.
** East West Taps Trintech
East West Bank (Los Angeles) selected Trintech's (Dallas) ReconNET to automate Federal Reserve reconciliations and the vendor's AssureNET to automate GL reconciliation, review and certification.
** CUNA Mutual Integrates Parsam
CUNA Mutual will integrate the new account opening and funding service from Parsam's (Memphis) uMonitor with its loanliner.com service, an Internet lending suite for credit unions.
** Triton Adds Visa
ATM transaction processor Calypso (Toronto), processor for Triton ATMs, has obtained approval from Visa (San Francisco) to accept Visa International cards at Visa-approved ATM locations. The deal also allows Visa branding to be applied to Calypso ATMs.
** ADP to Buy TaxAware
To expand its suite of tax and financial services offerings, ADP Employer Services (Roseland, N.J.) will purchase TaxAware, a provider of tax content and compliance solutions, from First Data (Denver) for $125 million.