InternetNews Staff

Automated Financial Systems Inc.(AFS ), a provider of lending and cash management solutions to the financial services industry, launched a new Web site, assisted by US Interactive. “We have selected US Interactive to implement the first phase of our interactive initiatives,” said John Shain, president of AFS. “Building on the success of the AFS Vision […]

Hearst New Media & Technology in New York City has recruited a top marketing professional as vice president, network marketing and created two new senior executive positions for its HomeArts Network, a resource for women on the Web. The company said the new positions reflect an increased focus on brand development for the HomeArts Network, […]

Atlanta-based PARADIGM Interactive said that Crutchfield, a catalog and Internet retailer of consumer electronics, has named PARADIGM as its interactive agency of record. The agency said it will research, plan and place Internet advertising created by Crutchfield to drive customers to the Crutchfield Web site. PARADIGM Interactive is a marketing agency that incorporates direct response […]

NewsNow, the UK’s first news portal Web site, signed an exclusive global deal with European Internet ad rep firm InterAd. NewsNow said it is the UK’s first free, real-time aggregate news headline service, offering breaking news headlines updated every five minutes. It also provides links, archived for 30 days, to 32 UK and international news […]

Moore Data Management Services (MDMS) and RISCO Inc., an MLS systems provider, signed an agreement that will make it easier for RISCO Multiple Listing Services to contribute about 150,000 listings to CyberHomes. With this agreement, CyberHomes said it expects to add the listings to its Internet site this summer from more than 200 MLS groups. […]

Oracle’s financial services industry solutions are used by 70 banks around the world, such as Asahi Bank, Bangkok Bank, Commonwealth Bank of Australia, Wells Fargo Bank, and the Royal Bank of Canada. Oracle’s suite of products includes General Ledger , Profit Analyser, Marketing Manager, and other modules for human resources, payroll and data warehousing. “Within […]

The liberalization of the Indian economy and the increasing diffusion of information technologies like the Internet seem bound to change the way Indian banks think of themselves, their customers, and their competitors. Internal Webs (in the form of Intranets) have helped banks bridge their currently separate pools of IT deployment and leverage their internal data […]

IDC Survey: Asia’s Leading Companies Racing Onto the Web According to a recent survey conducted by market research firm IDC Asia/Pacific, 75 percent of the largest 1,000 companies in Asia, ranked by sales revenue, have established a presence on the World Wide Web. The figure represents a 57 percent rise since the last survey was […]

In a move aimed at expanding the company’s presence in top telecommunications markets worldwide, PSINet Inc. announced today the purchase of four Internet solutions and service providers in Hong Kong, Germany, France and the United States for approximately $46 million in cash. PSINet said the companies–LinkAge Online Limited in Hong Kong, Interactive Networx GmbH in […]

National Internet provider Verio Inc. today announced it purchased domain name registrar and Web hosting provider TABNet in a move aimed at securing a new market channel to target small- and medium-sized businesses. Terms of the acquisition call for Verio to initially pay $45.5 million in cash to TABNet shareholders. Verio will make additional contingent […]

Research firm ActivMedia Inc. said its survey of Web site managers indicates that spending will rise to $1.2 billion on new site technology and service in 1998 and triple that by 1999, and that’s only the beginning. Over time, with continuing penetration of both business and consumer populations globally, Web site investment will reach $24 […]

Los Angeles-based ModaCAD Inc. said it has amended its publishing agreement with Broderbund Software Inc. to provide Broderbund with an exclusive license to the “3D Home Interiors” software application. Broderbund made a one-time royalty payment to ModaCAD of approximately $2 million for the perpetual license of “3D Home Interiors.” The exclusive license terms apply only […]