REDMOND, Wash. - (02/09/05) -- Microsoft is promising significantproductivity gains and security with a new communicationsinfrastructure for web-based financial transactions. The Indigocommunication system is designed to drastically reduce code fordevelopers building reliable Web services and is scheduled for abeta release in June, with general availability in 2006.Functioning with the Visual Studio 2005 development platform andlanguages such as C# or J#, Indigo saves developers from having towrite thousands of lines code, leveraging metadata, according toMicrosoft. Indigo is built as extensions to the .Net Framework,with support planned for Windows XP, Windows Server 2003, and theproposed Longhorn version of Windows. Indigo will back theMicrosoft-driven WS-* architectures for Web servicesstandardization. WS-* is how Microsoft refers to the set of Webservices specifications that features Web Services ReliableMessaging, among others.
- AB - Policy & Regulation
The high-cost lender wants a federal court to vacate a nine-figure judgment, claiming the Consumer Financial Protection Bureau acted in "bad faith" by abandoning a settlement agreement that would have sharply reduced the company's payment.
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Analyses show that generally speaking, companies that deploy AI the most are also recruiting more humans.
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Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
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Senate Banking Committee ranking member Elizabeth Warren, D-Mass., said the National Credit Union Administration's efforts to roll back 31 rules without a board quorum could jeopardize the credit union system's stability and legitimacy.
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Groups representing community banks and credit unions argue that the Department of Agriculture used a faulty process when it removed 10 lenders from its OneRD loan guarantee program
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The Kansas City bank plans to purchase St. Louis-based Nolan & Associates, adding to its investment banking advisory capabilities.
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