Date:24/05/2006 URL: http://www.thehindu.com/2006/05/24/stories/2006052403471706.htm

Business - Briefly

Globsyn launches Bankserv product

MUMBAI: Globsyn Technologies, the Kolkata-headquartered IT company, has launched a Bankserv product, Deposit Now, through Synergy Log-In Systems Ltd, a provider of IT solutions for the banking and financial services sector. Globsyn Technologies, which has finalised the acquisition of Synergy Log-In, is planning to merge its software division with Synergy Log-In. Deposit Now, a product of Bankserv of the U.S., is the next generation electronic payment system. It uses scanner devices connected to the USB or serial port of the PC and allows one to clear the U.S. check cash letter from the convenience of one's office, safely and securely, according to a release.