Meridien and FSTC Join Forces
The Financial Services Technology Consortium (FSTC) and Newton, MA-based Meridien Research have teamed up. Both the FSTC and Meridien will pool their resources and will collaborate to identify important trends in the financial services industry. Zachary Tumin, executive director of FSTC, remarked, "Meridien Research brings a thorough understanding of the business issues and trends driving the use of technology to institutions around the world. I believe our membership will benefit greatly from this collaboration as we move into the future." The FSTC is a research organization comprised of banks, financial services firms, industry partners, national laboratories, universities and government agencies.
Revenue Climbs at CheckFree Corp.
IT has been a record-breaking year for CheckFree Corp. The online billing provider reported $121.8 million for the fourth quarter closing and $433.3 million in revenues for the year, a 40% increase from the 2000 fiscal year.
Wireless Banking Comes To Israel
Bank Leumi, one of Israel's oldest and largest banks, recently announced that it will be the first financial institution in Israel to offer wireless banking to customers. Silicon Valley, CA-based Orsus Solutions will provide the service. Bank Leumi intends to provide 22 types of wireless financial and banking services.
The institution also will offer credit and loan information, in both Hebrew and English.
Fincentric Inks Asia/Pacific Deal
Fincentric Corp., a provider of Web-enabled financial services software, and Fujitsu Ltd., a global computer and information technology company, have joined forces in an effort to market Fincentric's wealth management services to the financial services industry in the Asia/Pacific region. Fincentric's i- Wealthview software system is one of the central applications chosen by Fujitsu in its Global Financial Services initiative.