By Denise Bedell
Net neutrality received a blow this week as a bill intended to continue current net neutrality measures for the next two years languished in Congress. The bill was introduced by House Energy and Commerce Committee Chairman Harry Waxman.
Waxman said in a statement that the lack of support from Republicans means that the bill cannot pass before Congress’ mid-term elections. He said that it is essential to break the deadlock on net neutrality in order to build the most open and robust Internet possible.
The legislation was intended to be a temporary protective measure to ensure the continuation of net neutrality measures while Congress looked at a longer-term solution. It included legislation to prohibit wireless broadband vendors from blocking websites and voice and video conferencing applications, plus it gave the FCC an additional two years’ of authority to prevent blocking of Internet content, applications and services.
Auto glass repair company Belron—owner of Apple Auto Glass—is implementing IT2’s ASP treasury management solution to handle all of Belron Group’s treasury operations worldwide. The company will use IT2’s ASP offerings for FX and interest rate risk management, cash management, cash forecasting, commodity hedging, trade finance, and treasury accounting.
In addition, the system will be linked to a new STP treasury environment at Belron—integrating with FIDES for bank account and electronic payments management, 360T for online trading, Misys CMS for confirmation management, Reuters for market data updates and Oracle EBS for consolidated accounting purposes, according to the company.
SunGard is the latest treasury systems provider to launch an electronic bank account management solution--AvantGard eBAM. The solution will provide SunGard’s many corporate customers with an online tool to manage and store data and information related to global bank accounts.
Research in Motion (RIM) just announced the launch of a payments development toolkit to help businesses create their own apps for mobile transactions through a Blackberry handset-- the Payment Service SDK. The goal is to help companies easily design business-specific solutions for selling goods and services through a blackberry. Companies can use the toolkit to tailor options to their customer-base and make purchases through Blackberry IDs by credit card, PayPal and carrier billing, without leaving the app.
Risk and scenario analysis software provider FINCAD has improved functionality in its F3 risk modelling product line. The updates provide greater risk information to assess risk hotspots and offer improved scenario analysis.SME solution provider Capital Access Network has launched a new tool to help SME lenders improve credit modelling for small businesses. The Daily Remittance Platform allows firms to add daily remittance information to credit scores to improve risk decision-making