Bank technology

Bank of New York Co. Inc. is selling Rufus, its European transfer agency software business, to Bravura Solutions Ltd., a financial technology company based in Sydney.

Wachovia Corp. is offering retail lockbox clients an automated service for same-day processing of payment exceptions.

Carreker Corp., a vendor fighting for its corporate independence, reported a profit for its fiscal second quarter, which ended July 31, and its chief executive offered a "cautiously optimistic" outlook on new products.

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

Open Solutions Inc. of Glastonbury, Conn., has agreed to provide check-image clearing services for Independent Bankers Bank of Marietta, Ga.

To extend its payment services, Mellon Financial Corp. has acquired a company that operates bill-pay sites for billers.

Associated Banc-Corp of Green Bay, Wis., is planning to use antifraud software from Corillian Corp.

Diebold Inc. restructured its management team to boost sales abroad.

In a sign of the growing popularity of contactless payment cards, JPMorgan Chase & Co. has changed its issuing strategy for its Blink contactless products.

Fiserv Inc. has agreed to use software from eFunds Corp. of Scottsdale, Ariz., to help financial customers of its Fiserv CBS Worldwide protect themselves against fraud and identity theft when opening accounts.

Metavante Corp., the technology subsidiary of the Milwaukee banking company Marshall & Ilsley Corp., has completed its acquisition of Vicor Inc., a Richmond, Calif., maker of lockbox automation systems.

Nacha expects to introduce a sweeping set of proposed rule changes this year that it says are aimed at curbing fraud on the automated clearing house network.

The San Francisco payment technology vendor BServ Inc. has acquired Magex Managed Payments Platform, the person-to-person payment technology unit of Magex Holdings Ltd. of London.

In the 18 months since becoming its president and chief executive officer, Philip G. Heasley has been putting his stamp on Transaction Systems Architects Inc., which sells automated clearing house software and wire transfer systems for large banks.

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Mellon Financial Corp. is offering to convert check images into automated clearing house payments for businesses that are using its remote deposit services.

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