ELECTRONIC COMMERCE UPDATE
January/February € 1997
Briefly Noted...
Syntellect
(http://www.syntellect.com)
plans to support the Open Financial Exchange (OFX) specification
introduced by Microsoft, Intuit and CheckFree. OFX will be integrated
into Syntellect's BankWorks application suite, which provides
telephone and Internet banking to financial institutions. OFX is the
convergence of Microsoft's Open Financial Connectivity, Intuit's
OpenExchange and CheckFree's electronic banking and payment
protocols, and provides a unified specification for the electronic
exchange of financial data between financial institutions, businesses
and consumers via the Internet.
Lotus Development
(http://www.lotus.com) has
introduced Domino.Merchant, an e-comm solution based on the Lotus
Domino server, an e-mail and groupware server for the Internet.
Domino.Merchant will support technology from CyberCash, a provider of
secure transactions over the Internet. Lotus also intends to
incorporate the Mastercard/Visa Secure Electronic Transactions (SET)
protocol into Domino.Mer-chant through IBM's Net.Commerce Payment
system in the first half of 1997.
St. Paul Software
(http://www.stpaul
software.com) has integrated its spEDI*tran product with DRA
Classic, a library management system from Data Research Associates
(DRA) (http://www.dra.com). DRA's
customers use the Internet to transfer e-comm documents between
themselves and their suppliers. DRA uses spEDI*tran to connect its
customers to distributors of books and periodicals for placement of
purchase orders and acceptance of invoices for payment.
Sybase (http://www.sybase.com)
has licensed technology from RSA Data Security
(http://www.rsa.com) to use in a
number of its products. The agreement addresses key technology that
secures business transactions over the Internet, including
authentication, non-repudiation and data confidentiality. RSA's
technology will be used to enhance the security features in Sybase
databases, middleware and tools. These products will be designed to
preserve the confidentiality and integrity of business data processed
across the Internet, allowing for authentication of users, servers
and applets.
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