Bank technology

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

Canadians lead the world in the use of online banking, comScore Networks Inc. reported last week.

Fiserv Inc. says a recent deal has consolidated its position in the cash forecasting software market.

The Federal Trade Commission announced "red flags rules" last week that require financial institutions and creditors to develop and adopt written identity theft prevention programs by Nov. 1.

Nacha, the electronic payments association, published a set of "best practices" last week to reduce errors in online bill payment systems.

Navy Federal Credit Union has agreed to use several check imaging applications from Wausau Financial Systems Inc. to streamline the processing of deposited checks.

NCR Corp. shares climbed sharply this week after a Robert W. Baird and Co. analyst said banks' spending plans for automated teller machines have not been affected by the collapse of the U.S. subprime mortgage market.

Bank of New York Mellon Corp. has developed an automated tool that it says can put a dollar value on hard-to-value investments, such as the exotic financial derivatives based on subprime mortgages.

More than 1 million customers of Barclays Bank PLC are using smart card readers from Gemalto NV.

Google Inc. has agreed to filter phishing e-mails in its Gmail service using a security technology championed by eBay Inc.

DBS Group Holdings Ltd., Singapore's largest banking company, has hired Unisys Corp. to install antifraud software from Actimize Inc.

The Edward Jones brokerage has signed a licensing agreement with the payment processor DataTreasury Corp. for its patented check-image archiving processes.

Tier Technologies Inc. has sold its government business process outsourcing unit, the latest in a series of divestitures aimed at focusing the company on its electronic payments operations.

Sungard Data Systems Inc. has hired NCR Corp.'s chief information officer Donald H. Hopkins to be the CIO of its Availability Services Unit.

Payments executives are weighing whether to meld three formats for converting checks into automated clearing house transactions.

Jack Henry & Associates Inc. has sold its insurance agency outsourcing business to the unit's management team and a private-equity group.