On 12.04.2010, By Editor

SunGard has created a global services organization of approximately 4,500, bringing together its consulting and technology services teams. The new business is one of the leading consultancies focused primarily on the global financial services and energy industries. Mack Gill, previously president of SunGard Technology Services, has been named president of SunGard Global Services.

SunGard Global Services operates out of 25 global financial and technology centers including Bangalore, Dublin, Houston, London, New York, Paris, Pune, Shanghai, Sydney and Tunis. To help customers in Asia manage their growing infrastructure and technology needs, SunGard Global Services is also launching a new consulting services practice, based in Singapore.

On 16.02.2010, By Editor

Nokia has announced that its financial services, Nokia Money, will be deployed in India first. The announcement was made at the World Mobile Congress in Barcelona, Spain. With Nokia Money, users will be able to pay their bills, recharge their pre-paid SIM cards and also transfer money to a person by using his or her mobile number.

The payment platform is in partnership with Yes Bank and has been initiated in Pune already. This is a commercial pilot of its ‘global mobile financial services initiative’. In Pune, the service has been christened, ‘Mobile Money Services by Yes Bank’.

Last year, Nokia had invested an estimated 70 million dollars in Obopay, a service provider for payments via mobile phones.The company plans to scale up the services by later allowing consumers to pay merchants for goods and services.