Latest news headlines: Finextra Research

HypoVereinsbank moves on micropayments

HypoVereinsbank (HVB Group) has contracted with Dublin-based payments outfit Altamedius with the aim of launching a suite of next generation micropayment services over the Internet and mobile channels.

16 January 2002

/retail

Mosaic fights card payment fraud with Retail Decisions

Mosaic Software has entered an agreement to incorporate UK-based Retail Decision's card payment fraud prevention technology within its Postilion EFT software package.

16 January 2002

/retail

Cyota secures First USA in Verified by Visa initiative

First USA, the credit card issuing subsidiary of Bank One, is using technology from Cyota to implement the Verified by Visa programme and offer consumers improved security when shopping online.

16 January 2002

/wholesale

Encompys develops Microsoft BizTalk infrastructure

Encompys, the straight-through processing joint venture company, has taken delivery of an integration platform infrastructure based on Microsoft's BizTalk Server.

16 January 2002

/payments

Deutsche Bundesbank rolls out Trema Finance KIT

Deutsche Bundesbank has implemented Trema's Finance KIT version 5.0 to support its foreign currency reserves.

16 January 2002

/regulation

FinArch expands into Switzerland

Financial Architects (FinArch) has entered an agreement with Zurich-based Vanti Financial Solutions for the distribution of its financial reporting software, Financial Studio, in Switzerland and Liechtenstein.

16 January 2002

/wholesale

Credit Agricole e-brokerage extends into Asia

Blink, the electronic brokerage business of Credit Agricole Indosuez Securities and affiliated companies, is to use GL Trade's proprietary network, GL Net, to provide investors worldwide with connectivity to the stock exchanges of Tokyo, Hong Kong and Korea.

16 January 2002

/wholesale

CMS WebView eases exchange data feed integration

UK-based market data systems vendor CMS WebView, has launched its new decryption and delivery software, DDFView, for both real-time and delayed exchange information.

16 January 2002

/regulation

US banks to increase IT spending

US banks will increase their IT spending this year by over 4% compared to 2001, according to a new report from Celent Communications.

16 January 2002

/wholesale

Acument launches One Bond Source

US brokerage firm Acument Securities, Inc. has launched a new Web site, www.OneBondSource.com, featuring bond investments and education throughout the entire fixed income spectrum.

16 January 2002

/regulation

Brief: Kamakura names Jaqueline Outram MD for Asia/Pacific

Kamakura Corporation, the Honolulu-based risk management outfit, has appointed Jaqueline Outram as managing director, responsible for client relationships and operations in Australia and the Asia Pacific region. She will also sit on the company's managing committee.

16 January 2002

/payments

New York Life Insurance contracts with Sherwood

New York Life Insurance Company has signed a multi-year, multi-million dollar contract with UK-based Sherwood International to implement its Amarta workflow solution across its North American operations.

16 January 2002