December 2, 1996 1:20 PM ET

Hitachi, Bank of America develop banking application
By Margaret Kane

Hitachi Ltd. is working with a subsidiary of Bank of America to develop Internet-enabled banking software. The first application developed by Tokyo-based Hitachi and Concorde Solutions Inc., of Concord, Calif., is the Concorde CreditCard OnLine system, which lets banks connect with credit card customers over the Internet. The software uses Hitachi's TPBroker Object Translation Manager, which combines a traditional online transaction processing system with an object request broker and an object management group-compliant object transaction service. Both companies will market the application internationally. Bank of America is already signed up to use the software. The companies plan to work together to develop other banking applications, officials said. Copyright(c) 1996 Ziff-Davis Publishing Company. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Ziff-Davis Publishing Company is prohibited. PC Week and the PC Week logo are trademarks of Ziff-Davis Publishing Company. PC Week Online and the PC Week Online logo are trademarks of Ziff-Davis Publishing Company. Send mail to PC Week