This week's vendors and consultants roundup include the results of the Oracle vs SAP lawsuit, SWIFT's shariah compliant automated transactions, Citibank's first digital smart branch in Singapore, and Westpac's infrastructure contract extension with IBM.
November 26, 2010 | Aditya PuriCameron Clyne, CEO of National Australia Bank acknowledging the problems caused by the bank's glitch. Payments and fund transfers including salary deposits have been either stalled or slowed since Wednesday, November 24th 2010.
Corporate Developments
A
judge in California
found SAP guilty of illegally downloading Oracle software, and has told the
German software company to pay its rival $1.3 billion in damages.
HP
reported an 8.1% increase in revenue for the quarter ending October 31st,
the day before new CEO Leo Apoteker officially took charge. Apoteker has
promised to reverse pay cuts instituted by former CEO Mark Hurd.
Capgemini
has bought Temenos implementation partner Thesys Technologies to strengthen its
position in the packaged core banking platform market.
Verifone
will buy rival card terminal manufacturer Hypercom in a $485 million all-stock
deal, bringing back to life an all-cash deal that had been rejected just weeks
earlier as undervaluing the company.
Core Banking
The
New Zealand arm of ANZ Bank will migrate
to the FIS Systematics core banking platform used by its subsidiary, The
National Bank, by late 2011. It took the decision to provide the customers of
both banks faster and cheaper banking, and to reduce duplication of work
between the two brands.
Capgemini
has acquired India-based Temenos implementation partner Thesys Technologies to
expand its reach in the Middle East, Asia-Pacific and Latin America and to
strengthen its position in the packaged core banking platform market.
Banking
and payments technology provider ...
Categories:
Technology & OperationsKeywords:SAP, Verifone, Capgemini, Visa, Travelex
This week's vendors and consultants roundup include the results of the Oracle vs SAP lawsuit, SWIFT's shariah compliant automated transactions, Citibank's first digital smart branch in Singapore, and Westpac's infrastructure contract extension with IBM.
November 26, 2010 | Aditya PuriCameron Clyne, CEO of National Australia Bank acknowledging the problems caused by the bank's glitch. Payments and fund transfers including salary deposits have been either stalled or slowed since Wednesday, November 24th 2010.
Corporate Developments
A
judge in California
found SAP guilty of illegally downloading Oracle software, and has told the
German software company to pay its rival $1.3 billion in damages.
HP
reported an 8.1% increase in revenue for the quarter ending October 31st,
the day before new CEO Leo Apoteker officially took charge. Apoteker has
promised to reverse pay cuts instituted by former CEO Mark Hurd.
Capgemini
has bought Temenos implementation partner Thesys Technologies to strengthen its
position in the packaged core banking platform market.
Verifone
will buy rival card terminal manufacturer Hypercom in a $485 million all-stock
deal, bringing back to life an all-cash deal that had been rejected just weeks
earlier as undervaluing the company.
Core Banking
The
New Zealand arm of ANZ Bank will migrate
to the FIS Systematics core banking platform used by its subsidiary, The
National Bank, by late 2011. It took the decision to provide the customers of
both banks faster and cheaper banking, and to reduce duplication of work
between the two brands.
Capgemini
has acquired India-based Temenos implementation partner Thesys Technologies to
expand its reach in the Middle East, Asia-Pacific and Latin America and to
strengthen its position in the packaged core banking platform market.
Banking
and payments technology provider ...
Categories:
Technology & OperationsKeywords:SAP, Verifone, Capgemini, Visa, Travelex
