Telecomms

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HSBC opens global network of telepresence conference rooms

/Telecomms

HSBC opens global network of telepresence conference rooms

HSBC is implementing video conferencing and collaboration technology from Cisco for virtual face-to-face meetings across multiple locations.

South Africa's Absa awards Telkom network contract

/Telecomms

South Africa's Absa awards Telkom network contract

South African bank Absa has signed a five year deal, worth R1.7 billion ($236.5 million) with telecomms firm Telkom for the provision and management of a wide area network that will connect 2548 sites around the country.

Visa Europe migrates to new BT network

/Telecomms

Visa Europe migrates to new BT network

Visa Europe is migrating its transaction network onto BT's IP-based 21CN Global Network under a five year managed services deal.

Nationwide outsources IT networks to BT

/Telecomms

Nationwide outsources IT networks to BT

The UK's Nationwide Building Society is outsourcing the management of its networked IT services to BT under a seven year, £160 million deal.

Brits unconvinced by phone-based ID

/Telecomms

Brits unconvinced by phone-based ID

UK consumers don't feel safe accessing their bank accounts over the phone, with 80% believing there are security gaps in current identity verification methods, according to research conducted by Harris Interactive.

NAB and Telstra team on wireless ATMs

/Telecomms

NAB and Telstra team on wireless ATMs

National Australia Bank (NAB) is teaming with telecommunications operator Telstra on a wireless ATM initiative that allows for the rapid deployment of cash machines at temporary locations.

Bats chooses Savvis to host European platform

/Telecomms

Bats chooses Savvis to host European platform

US-based Bats Trading, the all-electronic alternative to Nasdaq and Nyse, has selected IT vendor Savvis to host its new European equities platform which it plans to launch later this year.

FSA to introduce call recording regulations

/Telecomms

FSA to introduce call recording regulations

UK financial institutions will soon have to record and store telephone conversations and electronic communications relating to client orders under new regulations to be introduced by the Financial Services Authority (FSA).

US ID theft continues to decline

/Telecomms

US ID theft continues to decline

Direct losses from identity fraud declined for the second year in a row in 2007, according to a fourth annual US study by Javelin Strategy & Research which found that fraudsters are now increasingly switching to offline channels - such as the telephone - to steal confidential personal data.

FBI warns of rise in vishing attacks

/Telecomms

FBI warns of rise in vishing attacks

The US Federal Bureau of Investigation (FBI) is warning of an "alarming" rise in so-called "vishing" attacks which involve fraudsters using Voice over Internet Protocol (VoIP) technology to con banking customers into disclosing personal data.

Banco Sabadell launches 2D mobile advertising campaign

/Telecomms

Banco Sabadell launches 2D mobile advertising campaign

Spanish banking group Banco Sabadell has teamed with Telefonica to launch a marketing campaign that uses bi-dimensional code technology (2D code) to deliver promotional videos on customers' mobile handsets.

Colt wins Borsa Italiana IP-VPN contract

/Telecomms

Colt wins Borsa Italiana IP-VPN contract

Borsa Italiana has signed a three year contract with Colt for the design, implementation and management of its enterprise-wide Internet Protocol virtual private network (IP-VPN).

Western Union pushes mobile fund transfers

/Telecomms

Western Union pushes mobile fund transfers

Money transfer operator Western Union is teaming with mobile phone operators to develop a system that would enable customers to use their hand sets to conduct cross-border fund transfers.

National Bank of Belgium selects Colt for disaster recovery

/Telecomms

National Bank of Belgium selects Colt for disaster recovery

The National Bank of Belgium has signed a six year contract, worth EUR8.5 million, with telecomms outfit Colt for the provision of a disaster recovery system.

OMX outsources networks and data centres to Verizon

/Telecomms

OMX outsources networks and data centres to Verizon

Nordic and Baltic market operator OMX has confirmed that it is outsourcing its external network operations and management of its data centres to US telecomms firm Verizon. Financial terms of the contract were not disclosed.

Nets and SingTel team for m-payments trial

/Telecomms

Nets and SingTel team for m-payments trial

Singapore's Network for Electronic Transfers (Nets) is teaming with telco SingTel and three of the island's biggest banks to launch a consumer trial of NFC-enabled wireless wallet technology.

BT inks Standard Chartered network services deal

/Telecomms

BT inks Standard Chartered network services deal

Standard Chartered Bank has signed a contract with UK telco BT for the supply of network services covering its operations in 16 countries.

Reuters outsources global IT ops to Fujitsu

/Telecomms

Reuters outsources global IT ops to Fujitsu

UK news and information group Reuters is outsourcing its internal IT infrastructure to Fujitsu Services under a ten year deal worth around £500 million.

OMX and Verizon in outsourcing talks

/Telecomms

OMX and Verizon in outsourcing talks

Nordic and Baltic market operator OMX says it plans to outsource its external network operations and management of its data centres and has started negotiations with US telco Verizon.

Orc Software releases hosted platform for algo trading

/Telecomms

Orc Software releases hosted platform for algo trading

Sweden's Orc Software has launched a hosted version of its Liquidator trading platform that enables users to deploy custom algorithmic derivatives trading strategies with ultra-low latency.

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