This week's vendors and consultants news roundup include Gemalto's partnership with Consultoria International Banco, Vocalink's Euro payments agreement with RBS, Fundtech's expansion of its SOA Services Platform and ISEC SERVIZ's hiring of Accenture.
October 29, 2010 | The Asian Banker EditorQuote
"It's
like a PC on a card," Jeffrey
Mullen, the founder of Dynamics Inc., a company that invented a credit and
debit card display feature that eliminates theft and fraud loss by displaying one
time passwords on the card when a transaction is made. After the transaction,
the data on the magnetic strip is then erased. Citibank is one of the company's
first clients with several other banks expected to follow suit.
Corporate Developments
Cable&Wireless Worldwide, a provider of
high speed network infrastructures, has opened a new India Centre of Excellence
(ICE) in Chennai, Tamil Nadu to manage and support communication networks of
over 6,500 enterprise and carrier customers across Asia, Europe and the
Americas. The new centre is part of the company’s expansion plans in India and
will serve as the second network operating centre after Bangalore.
Athena,
a developer of Java Carad smart card operating systems, middleware and smart
card readers, has joined GlobalPlatform, an organization that works to provide
developers, integrators, original equipment manufacturers for various sectors
including the financial services industry.
Core Banking
Infosys has received 11 new
orders for the implementation of its Finacle core banking solution. This brings
the total core banking implementation orders for January to September 2010 to
42, 20 already having gone live.
Commonwealth Bank of
Australia has gone live with Tata Consultancy Services’ TCS BaNCS Banking
platform for its first Indian branch in Mumbai. The core banking solution will
provide trade finance, remittance, and forex services to organizations that
trade between Australia and India.
Fiserv has improved the
fraud detection capabilities of it...
Categories:
Technology & OperationsKeywords:TCS, Gemalto, VocaLink, Microsoft, NCR
This week's vendors and consultants news roundup include Gemalto's partnership with Consultoria International Banco, Vocalink's Euro payments agreement with RBS, Fundtech's expansion of its SOA Services Platform and ISEC SERVIZ's hiring of Accenture.
October 29, 2010 | The Asian Banker EditorQuote
"It's
like a PC on a card," Jeffrey
Mullen, the founder of Dynamics Inc., a company that invented a credit and
debit card display feature that eliminates theft and fraud loss by displaying one
time passwords on the card when a transaction is made. After the transaction,
the data on the magnetic strip is then erased. Citibank is one of the company's
first clients with several other banks expected to follow suit.
Corporate Developments
Cable&Wireless Worldwide, a provider of
high speed network infrastructures, has opened a new India Centre of Excellence
(ICE) in Chennai, Tamil Nadu to manage and support communication networks of
over 6,500 enterprise and carrier customers across Asia, Europe and the
Americas. The new centre is part of the company’s expansion plans in India and
will serve as the second network operating centre after Bangalore.
Athena,
a developer of Java Carad smart card operating systems, middleware and smart
card readers, has joined GlobalPlatform, an organization that works to provide
developers, integrators, original equipment manufacturers for various sectors
including the financial services industry.
Core Banking
Infosys has received 11 new
orders for the implementation of its Finacle core banking solution. This brings
the total core banking implementation orders for January to September 2010 to
42, 20 already having gone live.
Commonwealth Bank of
Australia has gone live with Tata Consultancy Services’ TCS BaNCS Banking
platform for its first Indian branch in Mumbai. The core banking solution will
provide trade finance, remittance, and forex services to organizations that
trade between Australia and India.
Fiserv has improved the
fraud detection capabilities of it...
Categories:
Technology & OperationsKeywords:TCS, Gemalto, VocaLink, Microsoft, NCR
