A roundup of today's other tech news in brief

Web forex opens in Australia 

CurrencyFair, an online person-to-person foreign exchange marketplace, has launched its bank-beating service in Australia to coincide with the Enterprise Ireland trade mission, writes Vicki McKenna.

With its headquarters in Ireland, CurrencyFair allows consumers to trade a range of currencies with other users.

Its strategy is to launch in markets with a high concentration of diaspora.

CurrencyFair, which became an Enterprise Ireland high potential start-up in 2009, says its platform allows users to save on commission and other levies applied by traditional currency exchange providers.

3 Ireland has mobile broadband at 42Mbits/sec

3 Ireland has confirmed the launch of what it claims is the world’s first commercial i-HSPA network, which it says can deliver mobile broadband speeds of up to 42Mbits/sec.

The mobile operator said it will begin trials of services at these speeds in the fourth quarter of this year. The deployment of the new network was done in conjunction with Nokia Siemens Networks. The telecoms infrastructure group will use its Irish experience as a model to launch the technology in a further 10 markets.

To date, 3 Ireland has invested €600 million in its network, including €50 million to upgrade to i-HSPA. Vodafone said its HSPA+ service at average speeds of 16MBits/sec will be available nationwide next month.

Buy4Now to create 20 new jobs over two years

E-commerce software supplier Buy4Now Technology Group is to create 20 new jobs over the next two years in a major RD and export programme supported by Enterprise Ireland.

The company employs 65 people in Sandyford, where it services clients including Superquinn, Arnotts and RTÉ.