3201 Results from 2003
/retail
Online portal Yahoo! has launched an international version of its PayDirect person-to-person payment service involving the exchange of stored value payment cards.
15 December 2003
Getronics has won a EUR40 million contract to completely refit the entire UK branch infrastructure of Abbey National.
One-year old Dubai Bank of the UAE has selected Trintech's PayWare CMS solution to manage all of its card processing requirements
BNP Paribas is to outsource the installation, management and maintenance of its installed base of Eftpos terminals to Axalto, formerly Schlumberger Smart Cards & Terminals.
EFT vendor TSYS continues the shake-up of its top management with the appointment of Kelly Knutson as managing director of its European business.
/wholesale
JPMorgan has gone live with a new equities stock booking and allocation application, dubbed Cheops, using real-time data handling software from TimesTen.
/regulation
Rabobank is to use the Ubitrade-Fermat Basel II calculation engine for the monitoring of credit risk under the forthcoming capital accord.
/Sibos
UK financial and IT business consultancy Simplex Consulting has been wholly-acquired by ONE Signature Financial Corporation, a Toronto-based financial services provider for an undisclosed sum.
12 December 2003
Germany's Gesellschaft für Zahlungssysteme (GZS) has taken the wraps off its new international acquiring-processing platform, eMAXS.
MasterCard has selected technology from Amtel and On Track Innovations (OTI) for its PayPass card scheme, in a first step towards large-scale production of contactless chip payment cards in the US.
Financial institutions view compliance with regulations such as Basel II and Sarbanes-Oxley as the single most important driver of business strategy in 2004, according to a survey by Sun Microsystems.
Lava Trading of the US has extended its patent infringement claim against UK-based dealing systems vendor royalblue to include allegations of unfair trade practices.
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