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PR: IBM and RBG Deliver Java Solution for Internet Banking

daemon@ATHENA.MIT.EDU (Timothy Sipples)
Wed Apr 23 16:37:27 1997

To: os2ann.DISCUSS@bloom-picayune.MIT.EDU
Date: Wed, 23 Apr 1997 12:46:34 GMT
From: tsipple@us.ibm.com (Timothy Sipples)
Reply-To: tsipple@us.ibm.com (Timothy Sipples)

Reply-to:     tsipple@us.ibm.com (Timothy Sipples)
[Followups directed to comp.os.os2.misc]
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 Java-Based Applets Developed Using OS/2 Warp and Lotus Notes

SAN FRANCISCO, April 2, 1997.  .  .  At the JavaOne Developer Conference this
week, IBM will be demonstrating a new network computing solution for RBG, one
of Germany's premier banking solution providers.  The Java-based banking
solution is available to more than 650 banks in Germany on RBG's Internet
HomeBanking site, offering its clients a true cross-platform solution for
critical banking information and services.

The Java-based applications, which were developed and completed in a
"Web-Year," have extended the functionality of RBG's Internet HomeBanking
service by offering true e-business tools to RBG's banks and their customers.
The applications give banking customers easy access to financial planning with
certificate-of-deposit, installment certificate, and rate-of-inflation applets
that can all be reached from their personal computers via the Internet.  RBG's
Java-based Internet HomeBanking site, which was developed through a joint
collaboration between IBM and RBG, will include this new set of applications.

"IBM is working hand-in-hand with our enterprise customers to develop true
network computing solutions that build upon their existing OS/2 Warp
investment," said John Soyring, director of Technical Projects, IBM Personal
Software Products division.  "This set of Java applications for RBG is a
valuable business solution that extends RBG's services to their client banks,
who in turn, provide these banking services via the Internet to thousands of
German banking customers."

 RBG and IBM Working Together

The Java applets were developed by RBG and IBM using the OS/2 Warp 4 operating
system and the IBM implementation of the Java 1.02 Virtual Machine for OS/2
Warp.  The applets are dynamically integrated into a Lotus Notes database and
Lotus Web Publisher, allowing RBG's client banks to easily update banking
information, such as current interest rates, needed for the end user to make
calculations -- regardless of the hardware or operating system platform being
used.

The RBG Internet server is located and managed at IBM's facilities in Ehningen,
Germany.  Lotus Web Publisher is used to create and dynamically update the
Internet pages containing RBG's client banks' terms and conditions.

"Network computing is very important to our enterprise making the Internet
banking project equally important to our cooperative banks," said Michael
Krings, chairman of the board at RBG.  "Besides being based on our strategic
partnership of many years, our decision to work with IBM on the project was
based on the fact that IBM is capable of supplying the complete infrastructure
from one source."

 Calculating Savings and Inflation Rates Over The Internet

The three applets included in the project are a certificate-of-deposit applet,
an installment certificate applet and a rate-of-inflation applet which are all
accessible from RBG's Internet HomeBanking page.

The certificate-of-deposit applet will allow the customer to input their
initial investment, the term of the investment and calculate the final payout
amount of their savings.

The installment certificate, or savings plan with bonus applet allows the
customer to input their monthly investment, the term of the investment, and
calculate the interest and additional bonus that many banks contribute to the
plan.

The rate-of-inflation applet is a calculator which allows the customer to
visualize the effects of inflation on a savings account.

 About RBG

Rechenzentrale Bayerischer Genossenschaften eG (RBG), headquartered in Munich,
is one of Germany's premier banking solution providers. RBG provides network
computing solutions to more than 650 banks in Germany that provide banking
services to their clients.

 OS/2 Warp In A Network Computing World

IBM's Personal Software Products division is the home the Technical Projects
business unit which has delivered this second set of Java-based customer
applications shortly after completing a large network computing project with
CERA Bank, one of Belgium's largest banks.

OS/2 Warp is an ideal operating system solution for today's network computing
world, offering customers a true cross-platform business solution.  The OS/2
Warp family of products deliver on the promise of network computing and can
include features such as Internet/intranet connectivity, integrated Java
support and dependable systems management.  The OS/2 Warp operating system is
the foundation for this broad family of products, which includes OS/2 Warp,
OS/2 Warp Connect, OS/2 Warp Server, OS/2 Warp Server SMP and the Directory and
Security Server for OS/2, one of the IBM Software Servers.

*IBM and OS/2 are trademarks or registered trademarks of the IBM Corporation.

**Lotus and Notes are registered trademarks of Lotus Development Corporation.

All other product and service names may be trademarks and/or service marks of
their respective owners.

For Internet users, IBM offers complete information about the company, its
products, services and technology on the World Wide Web. The IBM homepage is at
http://www.ibm.com. The fastest, easiest way to find any information about IBM
software is to go to the IBM Software homepage at http://www.software.ibm.com.
The IBM Fax Information Service allows you to receive facsimiles of prior IBM
product releases.  Dial 1-800-IBM-4FAX or 415-855-4329 and enter "99" at the
voice menu.
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