In Brief: S1, IBM Develop 'Branch in a Box'

S1 Corp. and International Business Machines Corp. are offering a combination of hardware and software that they say would enable banks to cut their branch automation expenses.

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The two companies announced their "Branch in a Box" package Monday, and plan to demonstrate it this week at the Bank Administration Institute's Retail Delivery conference in Las Vegas.

The package includes an IBM server, which is linked to thin-client terminals at each teller station, and uses S1's Enterprise Teller software. S1 said the arrangement is less expensive than using PCs at every teller window, as many banks now do.

S1 is based in Atlanta, and IBM is in Armonk, N.Y.


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