========================================================= ------- eWEEK.com FINANCE INDUSTRY UPDATE -------- ========================================================= September 13, 2004
========================================================= Sponsored by Dell Small Business Double Memory FREE! Select Dell Servers & Systems. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123655-1 ========================================================= ========================================================= In This Edition ========================================================= Theresa Carey: Check 21 - Are We There Yet? 1. News: Symantec Rolls Out Anti-Phishing Service 2. News: Fidelity, Standard & Poor's Acquire Financial Tech Firms 3. News: Integration Plays Key Role in Oracle's Upcoming 11i.10 4. News: Gone Phishing: New Scam Tactic Hits Online 5. News: Oracle Likely to Up PeopleSoft Bid, Analysts Say For the latest in financial applications and services for the enterprise and small businesses, bookmark eWEEK.com's Finance Industry Center. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123658-1 ========================================================= Theresa Carey ========================================================= Check 21 - Are We There Yet? Are banks and their customers ready for the changes the Check Clearing for the 21st Century Act holds? Check 21 is another one of those favorite tools of government bodies: an unfunded mandate. But there's no direct plan to get us from where we are today to where the government would like us to be as a result of the act. Check out the issues being dealt with as the banking industry transitions to Check 21 here. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123661-1 ========================================================= Finance Industry Update ========================================================= 1. News: Symantec Rolls Out Anti-Phishing Service The onslaught of phishing attacks has reduced customer confidence in online banking and is expensive to boot. In response, Symantec introduced a new service to help financial institutions fight phishing attacks and online fraud. Read about it here. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123664-1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2. News: Fidelity, Standard & Poor's Acquire Financial Tech Firms Beefing up their technology backbones was the driving force behind two recent financial industry acquisitions. Fidelity National Financial announced it will take over InterCept in its eighth technology acquisition in the last 18 months. On the same day, Standard & Poor's said it is acquiring Capital IQ, a provider of information solutions to the global investment and financial services communities. Read more about the takeovers here. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123667-1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3. News: Integration Plays Key Role in Oracle's Upcoming 11i.10 Oracle announced better integration between its namesake Enterprise Manager 10g Grid Control and its Applications Manager that is designed to facilitate more efficient operations with the 11i.10 version of Oracle's E-Business Suite. Get the story from Oracle's OpenWorld event. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123670-1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4. News: Gone Phishing: New Scam Tactic Hits Online When security vendors figure out a way to block an online scam, the attackers develop new tactics that give them the upper hand in bypassing filters and infiltrating corporate networks. The new technique involve the use of a process called steganography, or embedding or hiding text in an image. Find out what this means for Citibank and other online financial institutions. http://eletters.eweek.com/zd1/cts?d=79-1089-17-38-11627-123673-1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5. News: Oracle Likely to Up PeopleSoft Bid, Analysts Say Now that Oracle's intention to engulf PeopleSoft has passed legal muster, financial analysts can only agree on two things: that Oracle will likely sweeten its offer, and that its pockets are deep enough to give it plenty of staying power and negotiating room. 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