SECURITY FIRST TECHNOLOGIES (S1), AN ATLANTA-BASED SUBSIDIARY OF SECURITY FIRST NETWORK BANK (SFNB), LOCATED IN PINEVILLE, KY., THE FIRST FDIC INSURED INTERNET BANK, LAST WEEK SOLD A PACKAGE OF APPLICATIONS FOR INTERNET BANKING TO THE AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD. (ANZ).
SFNB OPENED ON THE INTERNET ON OCT. 18. TWO ATLANTA COMPANIES THAT WERE INVOLVED IN LAUNCHING THE BANK, FIVE PACES INC., A PROVIDER OF FINANCE SOFTWARE AND SECURITY MEASURES FOR THE BANKING INDUSTRY, AND SECUREWARE INC., WHICH OFFERED SECURITY PRODUCTS FOR NETWORKED BUSINESSES, COMBINED TO FORM SECURITY FIRST TECHNOLOGIES.
FS1 IS A PROVIDER OF SECURITY AND FINANCIAL SERVICES TECHNOLOGY, AND OFFERS INTERNET AND INTRANET SOFTWARE SOLUTIONS FOR FINANCIAL SERVICES AND OTHER INDUSTRIES.
ANZ, WHICH HAS OPERATIONS IN 43 COUNTRIES AND MORE THAN $80 BILLION IN ASSETS, EXPECTS TO GO LIVE WITH THE APPLICATION IN MID-1997.
A HEWLETT-PACKARD SECURITY PLATFORM, ORIGINALLY DEVELOPED BY S1, IS ALSO INCLUDED IN THE PACKAGE PURCHASED BY ANZ, AND WILL PROVIDE MILITARY-GRADE, MULTI-LEVEL SECURITY FOR INTERNET TRANSACTIONS.
DAVID LENZ, HEWLETT-PACKARD’S FINANCE INDUSTRY MARKETING MANAGER FOR AUSTRALIA, SAID THAT THIS SALE TO ONE OF THAT COUNTRY’S BIG FOUR BANKS IS A POINTER TO THE MARKET POTENTIAL FOR THE TECHNOLOGY. “IT CERTAINLY BEARS OUT OUR EFFORTS TO DEVELOP THE ELECTRONIC COMMERCE MARKET IN THIS REGION,” HE ADDED.
THE S1 SOFTWARE WILL ALLOW ANZ CUSTOMERS TO CHECK ACCOUNT BALANCES AND PERFORM MANY OTHER FUNCTIONS.
S1 CAN BE REACHED AT (404) 812-6200, OR THE COMPANY’S HOME PAGE IS HTTP://WWW.S-1.COM. SECURITY FIRST NETWORK BANK CAN BE REACHED AT (404) 679-3200, OR ON THE INTERNET AT HTTP://WWW.SFNB.COM