Computer Sciences Corporation (CSC) has signed an agreement to resell 724 Solutions' software applications, provide systems integration services and manage the operation of its application hosting business to financial services customers.
Under terms of the agreement, CSC will license, resell and implement 724 Solutions' mobile Alerts, Banking and Credit Card products to the financial services industry.
724 Solutions' technology will be integrated with CSC's Hogan Systems and CAMS II (Card and Merchant System) software products. 724 Solutions' Worldwide Professional Services Group will offer on-going training and consulting support to CSC.
In addition, 724 Solutions will shift its application hosting business to CSC's e-HUB Application Hosting facilities to allow 724 to focus on its core competency of wireless technology development, say the companies.
David Blanton, executive vice president of banking solutions for CSC's financial services group in the Americas, says: "By leveraging 724 Solutions' applications, CSC can immediately extend its core banking and credit card offerings with a mobile channel and bring more value to its financial services clients and their customers."