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alterna Launches abix Bank and Transaction Network to Streamline Corporate to Bank Connectivity.

Publication: Business Wire
Publication Date: 14-FEB-02 		Format: Online - approximately 752 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

CALGARY, Canada--(BUSINESS WIRE)--Feb. 14, 2002

alterna(TM) Technologies Group Inc., the premier provider of global e-finance solutions, today announced the launch of its abix(TM) bank and transaction network initiative to provide open and reusable standards-based connections for corporate and institutional clients, their accounting systems and their banks.

abix stands for 'alterna bank information exchange'. abix-certified interfaces offer an advanced mechanism for processing account balance and transaction information, payments and related messages between alterna's liquidity management platform, abix member banks and their mutual clients. This means that member banks will be able to offer their customers the unique opportunity to obtain detailed information about their accounts, carry out transactions across these...

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