February 01, 2007

Source Technologies Redesigns Kiosk

Source Technologies (Charlotte, N.C.) redesigned its 5-Series Kiosk to provide greater flexibility in device integration. The 5-Series -- which can be used in financial institutions for self-service transactions -- uses standard, off-the-shelf hardware and software, enabling retailers and financial institutions to benefit from lower acquisition, operating and maintenance costs; reduced upgrade times; and extended equipment life, the vendor claims.

www.sourcetech.com

SIA Automates Best Execution for MiFID

SIA (Milan) has launched a software tool for best execution on securities transactions to help firms comply with Markets in Financial Instruments Directive (MiFID) requirements. Users of SIA's execution policy monitoring for MiFID platform, SIA-EAGLE, are guaranteed that transactions are carried out in the best possible conditions -- in terms of profitability, cost and timeliness -- in line with the execution strategy agreed upon by their own financial intermediaries, the company says.

www.sia.it/en/

Kodak Launches New Check 21 Solutions

Eastman Kodak (Rochester, N.Y.) and CFC Technology Corp. (Minneapolis) introduced a hosted platform for Check 21 processing. The platform, managed by CFC, will utilize Kodak's portfolio of Internet-based check imaging solutions. The hosted service allows banks to pay as they go based on demand, as opposed to making upfront investments in in-house technology.

www.kodak.com

www.cfcfs.com

ABOUT THE AUTHOR