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3349 Results from 2002

/retail

Paradata establishes custom payments group

New York-based Paradata Systems has launched a new professional services group to provide custom solutions for financial organisations and other companies specialising in electronic payments.

/retail

First Direct hits e-banking milestone

UK telephone and Internet bank First Direct has clocked up 500,000 electronic banking customers, and 100,000 subscribers for its mobile text-messaging service.

/wholesale

Advent Europe teams with Pershing for trade order management

Advent Europe has entered an alliance with the London division of Pershing, a provider of multicurrency execution and clearing services, to co-promote their products to the UK securities marketplace.

/retail

Euro rises above national currencies

The value of euro banknotes in circulation is set to rise above legacy national notes later today, says the European Central Bank. By the end of next week, nearly all consumer cash transactions will be conducted in euro, forecasts the ECB.

/wholesale

Brief: Cetip goes live with MBS electronic marketplace

Brazillian exchange and clearing operator Cetip, has gone live with a new electronic marketplace for mortgage-backed securities (MBS), powered by ePit Systems.

/Sibos

JPMorgan Chase snubs Clearstream for Euroclear

JPMorgan Chase has expressed its displeasure at the proposed takeover of Clearstream by Deutsche Borse by publicising plans to shift all of its European custody business to arch-rival Euroclear.

/regulation

Clarica Life Insurance supports IT operations with Computer Associates

Canada-based Clarica Life Insurance Company has selected Computer Associates's Unicenter Service Desk solution to manage its IT support operations.

/security

Terror fears spark storage technology spending boom

A new survey by RBC Capital Markets and the Computing Technology Industry Association (CompTia) reveals that the protection of data through the use of system area networks (SANs) has become a key priority for US corporations in the wake of the 11 September terrorist attacks on America.

/wholesale

Nasdaq Japan reshuffles top management

Nasdaq Japan has elected Yoshiro Katsuya as president and member of the board, and CEO Tatsuyuki Saeki as chairman.

/retail

Bowstreet migrates to Sun One

Sun Microsystems is to offer Bowstreet Web services software over the Sun ONE platform.

/retail

Brief: Incurrent Solutions names David Hickey as COO

New Jersey-based Incurrent Solutions, a provider of Internet, voice and wireless services to card-issuing banks and transaction processors, has appointed David Hickey as chief operating officer.

/regulation

Mike Bloomberg to take the stand in embezzlement trial - Telegraph

Mike Bloomberg, the billionaire media mogul and Mayor of New York, has been ordered by a judge to give evidence in a court case between his company and a former associate, according to a report in The Telegraph.