Bank technology

National City Corp. of Cleveland is offering its customers identity theft monitoring and insurance products and services but said its offering is not a response to any recent security breach.

Modern programming tools are extending the life of aging core deposit systems.

Frustrated by protections against card fraud, scam artists are gunning for consumer deposit accounts - and many banks, considering such accounts safer, are unprepared, some observers say.

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

The two domestic wire-transfer service providers, the Federal Reserve System and Clearing House Payments Co. LLC, are upgrading their systems to adhere to standardized communications formats, and they plan to add new features and services.

An executive of Regions Financial Corp., which just kicked off a financial fraud awareness campaign, says other bankers are not doing enough awareness-raising.

JPMorgan Chase & Co. has begun replacing more than 20 general ledger systems with one - from the vendor Bank One Corp. used, SAP AG of Walldorf, Germany.

George DiNardo, a former technology guru at Citigroup Inc. and Mellon Financial Corp., died May 5 of respiratory failure. He was 67.

A spate of recent vendor partnerships reflects a growing interest among banks in adding Internet Protocol address analysis to their fraud prevention strategies.

The Jacksonville, Fla., banking technology and mortgage title insurance vendor Fidelity National Financial Inc. plans a partial spinoff of its title insurance operations.

When PNC Financial Services Group Inc. of Pittsburgh acquired Riggs National Corp. of Washington last week, it wasted no time transferring the accounts to its own core deposit system.

The merchant processor iPayment Inc. has received a buyout offer from its chairman and chief executive.

The idea of using the automated clearing house system to deliver consumer bills to banks has been kicking around the industry for several years. Nacha, the electronic payments association, is now seeking participants for a pilot test.

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

Headlines:

Though Ameritrade Holding Corp. rejected its merger overtures, E-Trade Financial Corp. reiterated its offer Thursday for the rival online brokerage.

PayPal Inc. said Tuesday that it had received a People’s Voice Award for best financial services Web site from the International Academy of Digital Arts and Sciences.