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BACS Limited selects Borland technology for Java to enhance electronic payments process.

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M2 PRESSWIRE-31 July 2002-BORLAND: BACS Limited selects Borland technology for Java to enhance electronic payments process (C)1994-2002 M2 COMMUNICATIONS LTD

RDATE:07312002

Borland has announced that BACS Limited, one of the world's largest clearing houses, is using Borland technology for Java` as part of `NewBACS`, a five-year technology renewal programme to upgrade BACS` existing technology infrastructure from being a mainframe-based processing model to a Java application server and Internet protocol. Selecting Borland JBuilderfor migrating to Java` is expected to enable the company to meet the growing demand for electronic payment services, including salary payments and direct debit collections.

BACS processed 3.5 billion payments in 2001 and is forecast to process five billion payments in 2006. Almost 32 million people currently use direct debit and 90% of salaries in the UK are paid using BACS. NewBACS will enable UK businesses to monitor the status of payments, receive reports, and maintain records online. It is also expected to reduce paper-based administration and make information more readily available to users around the clock.

"Borland`s adherence to open standards, ease-of-use and ability to substantially increase developer productivity were key factors in our decision to select JBuilder. In addition, JBuilder is a flexible development platform which enables...

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