Bank technology

The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.

The Jersey City payment software provider Fundtech Ltd. has promoted two executives to oversee operations and pursue growth in Europe, the Middle East, and Africa.

The New York payment software maker Striata Inc. said it has developed a system to convert paper marketing materials into electronic messages that can be delivered to people who pay their bills online.

The Redwood City, Calif., banking technology vendor Yodlee Inc. said it has signed more than 30 bank customers for a joint automated account-opening and funding product it offers with Andera Inc. of Providence, R.I.

The Treasury Department is trying to boost use of direct deposit for government benefits by encouraging people affected by the recent flooding in the Midwest to have Social Security payments routed to their bank accounts.

Lakeland Financial Corp. of Warsaw, Ind., is using an automated bank account-opening product from Fiserv Inc.

Royal Bank of Scotland Group PLC is offering an electronic invoicing service to its corporate customers under a multiyear reselling agreement with Fundtech Ltd., a Jersey City developer of corporate cash management and foreign exchange software.

SunTrust Banks Inc. has begun testing an "image integrity" service offered by Viewpointe LLC, which says other financial companies are expected to begin using the service soon.

Software vendors are starting to incorporate money management features from corporate products and personal financial management applications into their consumer online banking systems.

Independent Bankers Financial Corp. of Irving, Tex., has agreed to use the Private Correspondent Suite of services from LendingTools.com Inc. for financial transactions and cash management services at its TIB-The Independent BankersBank.

Electronic Data Systems Corp. has agreed to offer an electronic check processing system from BancTec Inc. of Dallas to a major U.K. banking customer.

De La Rue PLC, a U.K. provider of cash-handling systems and outsourced currency production services, has sold its Cash Systems unit to the private-equity company Carlyle Group.

The remittance provider DolEx Dollar Express Inc. is now offering Online Resources Corp.'s electronic bill-payment services to customers.

BB&T Corp. has consolidated its check processing operations using distributed image capture technology from Software Earnings Inc. of Memphis.

Alacriti Inc. of South Plainfield, N.J., has developed a suite of biller-direct applications that banks and other large billers could run in-house.

Standard Bank Group Ltd., one of South Africa's largest banks, has agreed to use core banking software from Misys PLC.

Nacha, the electronic payments association, is expanding significantly a test of its system for using the automated clearing house network to pay for online purchases.

EMC Corp.'s RSA Security said it has discovered a malicious program that disguises itself as an online banking security tool.

The Financial Services Technology Consortium has developed a set of guidelines to evaluate the quality of check images.