Wednesday, June 17, 2009

IT News HeadLines (TechWeb) 17/06/2009



Experian Introduces New Portfolio Management Scores
Experian has unveiled three new predictive credit scores for its Small Business Credit Share program.
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Apple Rolling Out iPhone 3.0 Software
The firmware upgrade will put the platform on par, feature-wise, with rivals Android, BlackBerry, Symbian, webOS, and Windows Mobile.
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Energy Stars: Wall Street Firms’ Sustainable IT Efforts
Strained budgets combined with advances in virtualization technology and energy-efficient equipment are driving Wall Street firms' efforts to make their data centers and broader IT infrastructures more sustainable.
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Obama to Unveil Plans for US Financial Rules Overhaul
President Barack Obama will unveil on Wednesday his plans for reshaping U.S. financial regulation, with proposals to close one bank regulator and create new overseers for big-picture economic risk and consumer financial product safety.
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Algorithmics and Barrie & Hibbert Announce Partnership to Help Insurers Address Solvency II Requirements
Partmership also plans to address wealth management and pension sectors.
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FCC Chief Nominee To Promote Wireless, Broadband
At a hearing Tuesday, Senators lavished praise on Julius Genachowski, but had harsh words for the FCC's performance over the past decade.
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Mitsubishi UFJ Trust Consolidates Trade Processing on Calypso
Japanese institution consolidating front- and middle-office trade processing platforms, hopes to improve risk monitoring and system.
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Lawsuits By Ex-Traders Accuse Madoff Sons of Fraud
Two former employees of the legitimate trading side of confessed swindler Bernard Madoff's operations sued his sons Tuesday, saying they must have known their father's business was a sham.
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Obama Plan Would Cut Number of U.S. Bank Regulators
The Obama administration plans to call for the U.S. Office of Thrift Supervision to close as part of its overhaul of financial regulation, which would also include the elimination of the federal thrift charter for banks.
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Bangkok Bank Unveils Mobile Banking Solution
Thailand-based Bank to offer its online banking platform via mobile phones.
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Westpac New Zealand Launches ACI Proactive Risk Manager for Fraud Detection and Prevention
Solution runs on IBM System z platform; goal is holistic, enterprise-wide approach to managing risk.
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ING London to Implement Microgen Aptitude
ING London is set to implement Microgen Aptitude, a business process management tool.
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Insurance Tech Spending: Is This As Good As It Gets?
Vendors say they see signs of life in the insurance technology market, and their marketing strategies are geared toward helping carriers control the costs and risks of IT investments.
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Levitt Applauds Regulatory Reforms, but Says Accounting Standards Ignored
Former SEC chairman Arthur Levitt says the Obama plan for regulatory overhaul achieves good balance, but still must address other problems.
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RBC Capital Markets Taps Open Source Platform for Fixed Income Applications
RBC Capital Markets taps open source development platform Eclipse to integrate multiple fixed-income applications through a single user interface.
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Verizon, AT&T Deny Collusion On Texting Prices
A Senate antitrust subcommittee has urged the Justice Department to scrutinize any allegations of anticompetitive practices in the wireless industry.
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Government Debating 'Meaningful Use' Of E-Health Records
Members of the HIT Policy Committee are initially suggesting linking the use of health IT to individual care and public health outcomes.
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Clearwire Debuts WiMax In Atlanta
The 1,200-square-mile area utilizes network equipment provided by Motorola.
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Is YouTube Close To Profitability?
Google's ownership of dark fiber, cost-efficient data centers, and use of peering agreements may be cutting the video site's losses close to zero, a new report finds.
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Cloud Computing: 10 Questions For Federal CIO Vivek Kundra
Kundra discuss his thoughts about cloud computing in government, and what it would take to make cloud technologies easier to adopt in the federal space.
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Apple's iPhone 3.0 Could Be Boon For Developers
The new features will let third-party companies create compelling applications for corporate and casual iPhone users.
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Boku Launches Mobile Payments For Virtual Bling
The market for virtual goods and online gaming is worth $8 billion worldwide and is growing,
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Obama Plan Would Cut Number of U.S. Bank Regulators
The Obama administration plans to call for the U.S. Office of Thrift Supervision to close as part of its overhaul of financial regulation, which would also include the elimination of the federal thrift charter for banks.
Read More ...

China Making Green Dam Internet Filter Optional
The government's edict prompted widespread derision from Chinese bloggers, objections from Chinese academics and lawyers, and criticism from security experts.
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Omgeo Extends Central Matching Platform to Broker/Dealers
Twelve early adopter brokers have now signed on to Omgeo CTM around the globe, including Bank of America Merrill Lynch, Credit Suisse and Deutsche Bank.
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