Grail Advisors ETF Trust Selects BNY Mellon Asset Servicing
BNY Mellon will provide ETF services aimed at more active management
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Payments Networks Look to Establish Global Interoperability
NACHA, other payment networks worldwide, are beginning to work on creating international standards for e-payments schemes.
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Geithner Urges Reform of U.S. Financial Rescue Plan
Treasury secretary-designate Timothy Geithner said forceful action was needed to combat U.S. recession and that the bailout plan needs to be reformed.
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Microsoft Sells Off Comcast Stake
The software maker may be looking to raise cash in advance of an acquisition.
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Investment Losses Turn Harsh Glare on BNY Mellon, State Street
State Street Corp and Bank of New York Mellon Corp were once known as the bastions of conservative asset management and doing dull but lucrative back-office work.
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UK Play Examines Greed, Envy on Trading Floor
A new play set on the bond trading floor of a leading British investment bank examines how clashing egos, greed and vanity can push people to take huge risks with money that is not theirs.
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Credit Union Central of Manitoba Selects Metavante Document Design and Archival Solutions
CSF Designer products will design monthly member statements and provide postal optimization.
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First Community Federal Credit Union Implements IMM Solution
Teller Item Capture Solution with DataSafe Core Platform aims to eliminate courier costs, increase teller productivity.
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ImageRight Signs Eight New Insurance Industry Customers in Q4 2008
New companies include agencies, insurers, brokers.
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Medavie Blue Cross Selects Thunderhead NOW
Insurer will implement the platform to improve customer communications.
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Anthem Blue Cross Expands Zagat Health Survey Tool
Online survey tool enables members to rate experiences with California physicians.
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Satyam Seeks Emergency Funding
JPMorgan and Goldman Sachs are among the banks shortlisted to advise the defrauded Satyam in its rescue efforts.
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Cisco Edges Toward Its First Virtualization Server
The upcoming product, code-named California, would be an Intel blade server chassis that melds the company's Nexus 5000 switch that combines storage and data network traffic.
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U.S. Tech Firm T3 Complains To EU About IBM
Big Blue is accused of preventing sales of competing mainframe hardware products by tying the sale of its operating system to its mainframe hardware, and withholding patent licenses.
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Nvidia Pro Graphics Chip Supports Four Displays
The latest product consumes a maximum of 40 watts of power and can support up to four monitors with a resolution of 2,560 by 1,600 pixels each.
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Heartland Payment Systems Hit By Data Security Breach
The systems penetrated by a malicious keylogger could result in a data breach that rivals the parent company of TJ Maxx in 2007.
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IBM Fourth Quarter Profits Up, Sales Down
Big Blue weathering slump better than most, but revenues were off more than 6%.
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Financial advisors want more mobile apps
As they face a rising number of inquiries from clients due to uncertain market conditions, financial advisors are increasingly looking to access business applications on the move.
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Intel Unveils Low-Power Desktop Quad-Core Chips
The three Core 2 processors use almost a third less power than prior versions of the chips.
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Qualcomm Buys AMD's Mobile Graphics Division
The $65 million cash deal enables struggling Advanced Micro Devices to become leaner and focus on areas of profitability.
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Fake Obama Web Site Reportedly Builds Botnet
The fake Web site looks just like the real thing and attempts to bait viewers into clicking a story titled "Barack Obama has refused to be a president."
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Intel Drops Desktop, Server Chip Prices As Much As 40%
The price cuts came three days after Intel reported a 90% drop in net income for the fourth quarter of 2008.
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