August 08, 2001

- Bank of America, Barclays, BNP Paribas, Deutsche Bank, Scotiabank and Westpac have formed the Global ATM Alliance, a network of ATMs offering no-fee access.

- SWIFT, Belgium, has changed its rules to allow member institutions to use the FIN and SWIFTNet messaging networks for delivery of banking services to corporate customers.

- DG HYP, Germany, used Algo ALM, a risk management software product from Algorithmics, Toronto, to meet regulatory deadlines for reporting interest rate risk.

- ABN AMRO, Netherlands, has introduced ID-Key, a smart card product that allows customers to access multiple online applications secured by Identrus, New York.

- HSBC, Hong Kong, has tapped iPin, Belmont, Calif., to provide direct debit payment services allowing the bank's customers to make secure Web purchases.

- Thai Post, the national postal authority of Thailand, has signed a three-year deal with Western Union, Denver, to offer money transfer services at the country's post offices.

- Arab Bank, Egypt, has selected Euronet Worldwide, Leawood, Kan., to provide mobile banking software including account access and event messaging solutions.

- Vysya Bank, India, has gone live with PROFILE, an integrated banking solution from Sanchez Computer Associates, Malvern, Pa., as part of a plan to modernize its retail and corporate banking operations.