02:40 PM
Big Deals
KeyCorp Picks Sun
KeyCorp (Cleveland) selected Sun Microsystems' (Santa Clara, Calif.) Compliance and Content Management Solution to manage compliance best practices and processes for the bank's investments units and enterprise e-mail archiving solution.
M&T Taps NCR Imaging
M&T Bank (Buffalo, N.Y.) selected NCR's (Dayton, Ohio) ImageMark Commercial Passport remote deposit capture solution to enhance cash management services.
Salem Five Taps Wausau
Salem Five Bank (Salem, Mass.) selected Monisee, Wis.-based Wausau's Web-based remote corporate capture solution, WebDDL, to enhance the bank's cash management services.
Fifth Third, Canopy Deal
Fifth Third Bank Processing Solutions (Cincinnati) will integrate Canopy Financial's (Chicago) products with its payment processing technologies to create an end-to-end consumer-directed healthcare platform with integrated investment options.
First Data Acquisition
First Data (Greenwood Village, Colo.) acquired Intelligent Results (Bellevue, Wash.) to grow transaction processing volume by integrating high-quality, value-added analytics products into the processing stream.
American Bank & Trust Outsources With Metavante
American Bank & Trust (Davenport, Iowa) signed a long-term agreement for Metavante's (Milwaukee) Integrated Banking Solution, the vendor's outsourced core processing solution.
Bank of Shanghai Taps IPC Trading Platform
To improve treasury productivity, the Bank of Shanghai (Shanghai) selected IPC's (New York) VOIP-enabled trader desktop, IQ/MAX, for the bank's trading floor.
FIS Expands in India
Jacksonville, Fla.-based Fidelity National Information Services expanded its offshore presence in India through the acquisition of Second Foundation (Menlo Park, Calif.), a provider of offshore global information technology services.
Fiserv, Conix Partner
Fiserv Imagesoft, a unit of Brookfield, Wis.-based Fiserv, and Manchester Center, Vt.-based Conix Systems, a provider of payments processing solutions, have partnered to provide financial institutions with a solution to eliminate duplicate payment postings and processing.
Loan World Picks Whaleback for Growth
Tampa,Fla.-based loan originator Loan World selected Whaleback Systems' (Portsmouth, N.H.) CrystalBlue Voice Service for enterprisewide telephony communications.