Munch & Byte: Windows dominating Banking

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Hi Friends,

Munch and byte some important news to re-think on your IT (or Career) strategy.

This week reinforces INDIA's BPO strength and kudos to Local Intelligent pool of guys as ANZ MD. He still holds the stance for share services and has confidence in 560 strong support and development team to work out of it's captive Bangalore BPO.

" I'm a huge fan of India. I view it opportunistically as opposed to a big-bang let's close down IT here."

Mike Grime - Operations, Technology and Shared services managing director, ANZ Banking Group.

Microsoft showing dominance in self service devices like ATM,KIOSK. Slowly, it's also grabbing mobile handsets. Thanks to Symbian OS for diluting the effect to large extent.

1. Wells Fargo ATMs are web enabled with WINDOWS OS:
US banking group Wells Fargo announced that its entire network of over 6200 cash machines is now web-enabled. The bank began deploying its Windows-based webATM machines in May 2000. The platform facilitates system improvements such as adding new languages or the ability to accept envelope-free deposits.

2. Micro-chip based Payment System in Pakistan:

Pakistan's United Bank Limited(UBL) has chosen XLSSoftware from Welcome Real-time to power its newly launched Visa chip credit card in Pakistan and South Asia.
UBL’s acquiring partner, RFM Loyalty uses XLS server to manage a network of payment terminals. The new UBL chip credit card will be a payment card embedded with a microchip.

3. US officials finalise the draft for NIST's PIV IV - Personal Identity Verification Card Specifications. It's a Smart Card based standard ID specified by US Federal. Market opens up for RF Antenna, Micro chip manufacturer like Schulmberger and Obertur for 7 million US goverment employees and contractors working in goverment agencies.

4. NCR acquitions increases it's product features:

• NCR Corporation (NYSE: NCR) announced today that it has acquired Kinetics, Inc., a privately held company and leading provider of self-service solutions for the travel industry, for $26 million.

• NCR Corporation (NYSE: NCR) and Tidel Technologies, Inc. (OTC Pink Sheets: ATMS) have entered into an agreement for NCR to acquire Tidel’s automated teller machine (ATM) business. The parties anticipate closing the deal in the fourth quarter of 2005, after Tidel has filed its audited financial reports necessary for a shareholder vote.

Both the acquisitions are strategic in order to capture bigger marketplaces like ISO and Ticketing. Surely this acquistion will contribute in overall earning for the next two quarters for NCR.


Top 10 Funny Store Signs

1.Outside a muffler shop: "No appointment necessary, we hear you coming."

2.Outside a hotel: "Help! We need inn-experienced people."

3.On a desk in a reception room: "We shoot every 3rd salesman , and the 2nd one just left."

4.In a veterinarians waiting room: "Be back in 5 minutes, Sit ! Stay!"

5.At the electric company: "We would be de-lighted if you send in your bill. However, if you don't you will be."

6.On the door of a computer store: "Out for a quick byte."

7.In a restaurant window: "Don't stand there and be hungry, come on in and get fed up."

8.Inside a bowling alley: "Please be quiet, we need to hear a pin drop."

9.In the front yard of a funeral home: "Drive carefully, we'll wait."

10.In a counselors office: "Growing old is mandatory, growing wise is optional.

(:<>)