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  • Fujitsu to Use Java for Next-Generation Financial Terminals
  • December 24, 1998 (TOKYO) -- Fujitsu Ltd. unveiled a strategy to incorporate Java technology in all of its next-generation branch financial terminals.
    The objectives are to improve system expandability and to reduce operating cost.

    The company said Tokyo Mitsubishi Bank Ltd. has decided to introduce many such terminals.

    This system will work so that Java applets run on the Web browser of branch terminals to process deposit and withdrawal transactions.

    As the financial "Big Bang" goes on in Japan, more and more services are being developed and sold by branches of financial institutions. But companies also are being required to reduce costs.

    In order to meet these needs, Fujitsu decided to use Java in all next-generation systems, which will be called Financial Business Components (FBC).

    "Fujitsu concluded that it is essential to employ Java technology in order to develop flexible systems to quickly provide services and to operate and maintain them in a low cost manner," said Haruo Yoshikawa, general manager of Fujitsu's Consumer Transaction Systems group. The product will ship in September 1999.

    Fujitsu said that Tokyo Mitsubishi Bank already decided to select FBC. The bank will introduce 6,000 units of new Java-based terminals by March 2001. The bank will also participate in the FBC specification definition work.

    (Nikkei Computer)



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    Updated: Wed Dec 23 14:49:22 1998 PDT