Briefs

Cashnet goes live
Euronet Services India, a subsidiary of Euronet Worldwide, a leader in electronic payment solutions, has commenced operations of its independent shared ATM network—Cashnet—in India, with IDBI Bank and Citibank. The other founding member banks—Standard Chartered Bank and UTI Bank—are currently being linked to the network and will join the network shortly. The transactions are supported by online connections between each bank and the Euronet processing centre in Mumbai to offer end-to-end online transaction processing.

Datacard’s new smart card platform
Datacard Group has introduced an universal smart card platform for the personalisation of radio frequency identification (RFID) cards. The new platform, which supports a wide range of open and proprietary RFID systems, is available as an option on all Datacard Select Platinum and Magna Platinum card printers. In a single pass, a customer can print cards, encode magnetic stripes, personalise smart cards, download applications and upload information to identity databases.

ARC tie-up with Teradata
Teradata has signed an agreement with Airlines Reporting Corporation (ARC), a leader in airline financial processing and data services. The contract involves the expansion of ARC’s existing Teradata warehouse in support of ARC’s participation in a ‘first and final interline billing’ solution for the global airline industry. Interline billing, a historically resource-intensive process, involves the sharing of revenue between airlines for a passenger ticket that involves more than one carrier or travel on an airline other than the one listed on the ticket purchased.

AyurShop launched
Vijayanagaram Ayurved Bhandar, dealers in Ayurvedic medicines, and Brain Systems, an Internet solutions provider, have launched AyurShop.com, an online Ayurveda store. The online store will offer products from companies like Baidyanath, B V Pandit and Sagar Pharmaceuticals, among others. It will host discussion forums that will include answers to common health problems by medical experts.

Bangalore to host outsourcing event
India Outsourcing Summit 2003 will be held in Bangalore on October 15 and 16, 2003. The summit is expected to attract around 40 international delegates in addition to 300 Indian delegates. Foreign delegates from companies such as Proctor & Gamble and Dell are expected to explore outsourcing opportunities in India. The event is being hosted by the Software Technology Parks of India (STPI) and it has been conceived by US-based Michael F Corbett & Associates in association with the Trade Fairs & Conferences International (TFCI) and Fortune Custom Projects.

Citrix announces new India strategy
Citrix Systems has announced a new product strategy for the Indian market. Citrix will extend its flagship MetaFrame XP Presentation Server into a suite of products—the MetaFrame Access Suite to consolidate multiple technologies that an enterprise requires to provide end-to-end access to enterprise applications and information.