Theresa Carey

Rivet Software Inc. and PR Newswire have announced plans to form a partnership, allowing PR Newswire members to create their financial documents in XBRL using Rivets Dragon Tag XBRL enabler. The partnership should give investor relations professionals a way to create and distribute their financial information in XBRL, which is becoming a financial reporting standard […]

Jupiter Research is backing off its growth projections for online mortgages published in 2003, mostly thanks to customer fear of providing personal information online. Mortgages that originate online are expected to increase to $74 billion in 2009, accounting for five percent of all purchase mortgages. Jupiter expects that eight percent of all refinance mortgages, totaling […]

ADVIZOR Solutions announced this week that it had released version 4.0 of its business visualization software, which includes a new Analyst Edition and enhancements to the Developer Edition. The Analyst Edition allows users to shorten their “time to discovery” by exploring business data through its interactive visual display. Based on 12 ADVIZOR Visuals, the Analyst […]

The initial reaction by consumer groups to Check 21, the Check Clearing Act for the 21st Century, was dismay and distrust. Combined with that was the certainty that the banking industry was trying to rip consumers off by taking advantage of the “float” period, the time between when payment is taken from the paying customers […]

Fidelity Information Services, a division of Fidelity National Financial, announced earlier this week that Fidelity will integrate Oracle E-Business Suite financial and corporate performance management applications into its core banking offerings. “We faced a major business decision regarding our financial applications,” Frank Sanchez, president of leveraged product development at Fidelity Information Services, said in a […]

Microsoft has enhanced and rebranded its Microsoft Business Solutions Small Business Manager, which is designed for use by small businesses in the United States and Canada with 10 to 49 employees. Now called Microsoft Small Business Financials 8.0, it includes additional accounting and financial management functionality as well as other improvements. According to Microsoft, many […]

Archipelago Holdings Inc. has announced its intention to acquire PCX Holdings Inc., which is the parent of the Pacific Stock Exchange. The deal brings Archipelago the exchanges electronic system for trading stock options, and the self-regulatory license that has allowed the exchange to police itself. It also includes PCXs 20 percent stake in the OCC […]

The CEOs of companies that supply financial systems and software ought to add a long list of bureaucrats to their holiday thank-you list. Those who serve the banking industry ought to be especially grateful. Thanks to regulations that went into effect in 2004, such as the Check Clearing Act of the 21st Century (Check 21) […]

NetSuite has partnered with WorldPay, part of The Royal Bank of Scotland Group, to provide multicurrency credit card processing for its e-commerce customers around the world. Thanks to this partnership, NetSuite e-commerce customers now can accept credit card payments in 120 currencies and receive settlement in any of 14 currencies. NetSuite Inc. powers Web stores […]

We will remember 2004 as a year of consolidation and reactions to regulations in the financial services industry. Looking ahead to 2005, we see … more of the same, but with internationally flavored twists. Thanks to initiatives like Check 21 (The Check Clearing Act of the 21st Century), financial institutions will have to collaborate to […]