Fidelity to port Corebank to IBM's WebSphere

Fidelity to port Corebank to IBM's WebSphere

Fidelity National Financial is to port its core processing application, CoreBank, to IBM's WebSphere platform.

Fidelity says the product will be able to run on IBM eServer zSeries, as well as the pSeries and xSeries.

Jim Wilson, president, Fidelity Information Services, international division, says with this Java based application, both companies will be able to expand and exploit new ways of approaching the global marketplace.

Separately, IBM has signed an agreement to host Upaid's ASP mobile payments processing service.

Paris-based Upaid says the initial application being offered is mobile phone top-up from credit and debit card accounts using SMS.

Ashley Ward, CEO of Upaid, says: "This capability allows every bank, mobile operator and merchant to connect to a central m-payment processing centre that we hope will become the logical choice for delivering m-payment services in the future."

IBM and Upaid were previously contracted by Visa International CEMEA to provide an SMS mobile top-up facility direct from a Visa card.

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