Cheque imaging

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/Cheque imaging

Fiserv and Federal Reserve banks hit with patent challenge

Canada's Advanced Software Design Corporation has filed suit against financial IT firm Fiserv and three regional Federal Reserve banks, alleging infringement on patents it holds on its anti-cheque fraud technology.

/Cheque imaging

CheckFree to acquire Carreker

US e-payments vendor CheckFree has signed a definitive agreement to acquire troubled financial IT and consultancy firm Carreker Corporation for a total of $206 million.