Mellon Bank

The Pittsburgh bank will acquire Pacific Brokerage Services, establishing instant on-line brokering capabilities.


The on-line trading company formed an exclusive alliance with Robertson, Stephens to offer IPOs over the Internet.

Schwab, J.P. Morgan

Charles Schwab & Co. and J.P. Morgan agreed to give Schwab customers access to equity underwritings managed by Morgan.

Bank of new York

The bank acquired exclusive rights to BondNet's proprietary trading system and the assets of BondNet's broker-dealer subsidiary.

C*ATS Software

The risk management solution provider bought all rights to International Risk Control's software, including MerX trading technology.


GTE and Schlumberger Electronic Transactions entered an alliance to develop and market smart cards with digital certificates.


ADP formed a new electronic banking unit that

incorporates clients, business partners, employees and products that were part of an ADP-CheckFree joint venture.


Credit Management Solutions Inc. and Universal Computer Systems have partnered to offer an integrated credit connection for instant auto financing.

touch technology

Touch Technology International will acquire exclusive rights to proprietary smart card technology developed with EPS.

Lucent Technologies

Lucent and Orga Card Systems are partners in a plan to offer Orga's Inferno Network OS for smart card and other applications.

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