CardData 3Q/01

Fleet reported a 7.5% increase in gross accounts between the second and third quarters. As of Sept 30, Fleet had 7.2 million gross accounts and 5.24 million active accounts according to CardData’s 3Q/01 portfolio survey. Fleet’s receivables edged up from $14.5 billion for 2Q/01 to $14.6 billion for 3Q/01. Fleet’s year-to-date volume was $15,576,000,000. FleetBoston will release its earnings reports tomorrow. Meanwhile National City reports a slight decrease in its credit card portfolio. Receivables declined from $2,158,551,199 for 2Q to $2,131,046,593 for 3Q. National City’s gross accounts slipped from 1,838,144 for the second quarter to 1,811,478 for the third quarter. For complete details on 3Q/01 portfolio results visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

SAPPI GOES TRADECARD

Sappi, the world’s leading producer of coated woodfree paper, has begun using
TradeCard, a U.S.-based company that automates the financial portion of trade
transactions and provides an online alternative to costly letters of credit
among its product offerings.

Sappi has already used these services for trade transactions with several
buyers in Hong Kong and Taiwan in lieu of letters of credit. After initial use,
the company has realized immediate process efficiency and cost saving benefits.
Further, Sappi, now aims to increase the number of buyers with whom they
conduct trade transactions using TradeCard’s web-based service.

Henri Kirsten, Financial Director of Sappi Trading, said: “Sappi had researched
a number of Internet-based options designed to save time and money by providing
alternatives to letters of credit. TradeCard currently best suits our needs. We
gave it a try and found that TradeCard made the trade transaction process
faster, more efficient, and less expensive. We look forward to more of our
buyers becoming TradeCard members.”

Once buyers and sellers become approved TradeCard members, they can then
conduct their financial portion of their trade transactions through TradeCard’s
patented financial supply chain platform. The financial supply chain involves
managing the flow of necessary data relating to settlement beginning with the
purchase order all the way to payment. This system provides all approved
trading parties and their service providers complete online visibility into
their transaction, accurate 24/7 data monitoring, e-mail reminders for tasks to
be completed, an assurance of payment to sellers upon correct fulfillment of an
order, access to export financing facilities, and a patented data compliance
engine with discrepancy notification. And unlike letters of credit where each
discrepancy results in a fee, TradeCard members can negotiate discrepancies
online at no additional cost.

“Sappi recognizes the benefits that TradeCard can bring,” said TradeCard
Chairman and CEO Kurt Cavano. “They are processing transactions with key buyers
and are seeing the results. And the more buyers that become members, the more
all parties to the transaction save in time and costs.”

About TradeCard

TradeCard is a financial supply chain service provider. TradeCard’s secure
transaction infrastructure greatly reduces the inefficiencies and uncertainties
found in traditional domestic and cross-border trade transaction processes. By
streamlining and enhancing the steps necessary for purchase order approvals,
payment decisions and settlement, TradeCard provides a cost-effective,
practical and patented service for financial supply chain management.
TradeCard, Inc. is headquartered in New York City with offices in San
Francisco, Seattle, Chicago, Hong Kong, Taipei, Seoul, Tokyo and London.
TradeCard can be found on the World Wide Web at
http://www.tradecard.com

About Sappi

Sappi leads the fast growing coated woodfree paper market. Coated woodfree
paper is used in high quality publications such as annual reports, catalogues,
brochures and magazines. It has a 15% share of the world market and has leading
market shares in North America, Europe and Africa, selling nearly a quarter of
the coated woodfree paper in the western world. A high level of pulp
integration protects Sappi from pulp price volatility. It sells almost as much
pulp as it buys and in particular is the largest, (15% world market share)
lowest-cost producer of dissolving pulp used typically in the manufacture of
viscose textiles.
Sappi has manufacturing operations on three continents, in eight countries and
customers in more than 100 countries. Sappi can be found on the World Wide Web
at
http://www.sappi.com.

Global & Planet Payment

Global Payments Inc., a leading provider of electronic processing services, announced a marketing referral agreement with Planet Payment to offer real-time, multi-currency Internet payment processing services to Global customers. Global merchants can now enjoy the benefits of multi-currency processing through a comprehensive product offering that includes a Planet Payment multi- currency account, advanced payment gateway technology and value-added products and services.

Global merchants will have the ability to accept international credit card payments in over 100 currencies and still settle in their choice of major settlement currencies including: US Dollar, Australian Dollar, Canadian Dollar, Euro, or Hong Kong Dollar, providing a complete, end-to-end multi- currency processing solution for all international payment services.

“Our agreement with Global Payments allows their merchants to be able to offer products and services in any country, display pricing in the local currency, yet be funded in their home currency without the risk of exchange rate fluctuations. Global’s merchants will also be well positioned to take advantage of Europe’s formal conversion to the new Euro currency,” said Philip Beck, chief executive officer, Planet Payment.

“Global Payments’ strategic partnership with Planet Payment represents our commitment to bringing our customers innovative solutions to help them maintain a competitive edge,” said Chief Information Officer, Barry Lawson, Global Payments Inc. “This partnership allows our customers to take advantage of the strengths of both companies thereby gaining the ability to compete more effectively in a global economy,” he added.

Planet Payment is a global leader in providing multi-currency payment solutions to merchants worldwide. Planet Payment’s affordable e-commerce solution enables Internet merchants to securely accept Visa(R) and MasterCard(R) and other major debit and credit cards in a secure, real time environment, and in over 130 currencies. The Planet Payment Gateway, powered by Authorize.Net(TM), is compatible with over 100 of the leading shopping cart technologies. Planet Payment can be contacted on the web at .

Global Payments Inc. is a leading provider of electronic transaction processing services to merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, and the United Kingdom. Global Payments offers a comprehensive line of payment solutions, including credit and debit cards, business-to-business purchasing cards, gift cards, check guarantee, check verification and recovery, terminal management and funds transfer services.

BIZ CARD PLATFORM

Citibank e-Business, a unit of
Citigroup, the premier global financial services company announced the launch
of their European Commercial Cards procurement platform.
This global platform, now being launched in Europe, supports Travel & Expense
and Purchasing Cards, while offering companies electronic procurement,
information delivery, reporting and card management solutions, as well as
traditional corporate payment solutions. The platform provides corporations
with the ability to issue multiple currency card solutions that aid companies
in their compliance with local governmental regulations, and provides local
language support and customer service.

This global platform provides an embedded electronic commerce service, thereby
enabling companies to transact electronically with their vendors. These
enhanced solutions and capabilities are designed to assist companies in
launching their e-commerce and electronic payment services with leading
enterprise resource planning (ERP) and business-to-business technology vendors.
“We selected Citibank as our global partner in providing corporate T&E cards to
our 20,000 Ford Corporate Cardholders,” said Bud Moore, European Accounting
Executive, Ford Corporation. “Leveraging Citibank’s global infrastructure and
experience will provide Ford the corporate payment tool we require to feed our
Global Expense Management program we are launching in consort with the Citibank
Corporate Card.”

“Our customers will benefit from lower expenses, increased control and improved
reporting information,” said Boog Davidovac, Vice President, Citibank
e-Business. “Citibank recognizes that companies must streamline their processes
and reengineer their procurement systems in order to compete in today’s
business environment. This is another way we are positioning ourselves to be
the financial services engine powering business to business transactions.”

Citigroup

Citigroup (NYSE: C), the most global financial services company, provides some
120 million consumers, corporations, governments and institutions in more than
100 countries with a broad range of financial products and services including
consumer banking and credit, corporate and investment banking, insurance,
securities brokerage and asset management. Major brand names under Citigroup’s
trademark red umbrella are Citibank, CitiFinancial, Primerica, Salomon Smith
Barney and Travelers. Additional information can be found at
www.citigroup.com.

Citibank e-Business

Citibank e-Business provides e-solutions that empower corporations and
financial institutions globally to connect to the Web, transform their business
using Internet-related technologies and extend their reach to new markets. Our
e-solutions support our customers as they integrate their Internet-based
exchanges, software solutions, logistics, and financial services with existing,
end-to-end, liquidity management, investment, cash management and trade finance
processes. Additional information may be found at:
www.e-business.citibank.com.

Canadian Biz Card

Amex Bank of Canada introduced the first no-fee, cash rebate credit card for small business’ in Canada. The ‘American Express Business Card’ offers an annual cash rebate up to 2% and an introductory 6.9% interest rate on balance transfers for the first six months. Amex Canada’s small business cardholder base has grown by more than 40% driven by a suite of small business products including the ‘AmEx Costco Corporate Card for Small Business’, ‘AmEx AIR MILES Gold Business Card’ and the ‘AmEx Corporate Card for Small Business’.

I-BANKING

John M. Lopes, Chief Executive Officer of
WebEngine Corporation is
pleased to announce that the Corporation has been invited to make a
presentation to the Governor of the National Bank of Yugoslavia and the Board
of Directors of P&P Banka, Belgrade for a complete re-development of the
bank’s existing technical infrastructure and sixteen of its branches located
through out Yugoslavia. WebEngine is the only company invited to present a
proposal to the bank. It is scheduled that WebEngine will present its multi-
faceted proposal over the course of this coming week. The WebEngine proposal
is valued at US$5 million. “Pending acceptance of the proposal, this will mark
the first step in WebEngine’s strategy to market its products and services to
the Eastern European financial services sector,” remarked John M. Lopes,
President & CEO, WebEngine.

The current proposal involves developing Internet banking capabilities,
replacing 300 work stations with state of the art hardware and software,
creating a new Virtual Private Network and Local Access Network for switching
secure transactions for more than 500 automated teller machines (ATMs) as well
as supplying tools and applications for treasury monitoring and securities
trading. WebEngine, in conjunction with P&P Bank, will also pilot a project of
selected bank merchants for a Point of Sale (POS), debit card, credit card,
and loyalty card program to 5,000 of P&P Bank’s more than 20,000 merchants.
“These infrastructure upgrades are necessary for both the bank and its
merchants to provide value-added services to consumers and to facilitate the
evolution of both merchant banking and retail consumer deposits,” commented
Dr. Peter Lukesch, director of P&P Bank and WebEngine.

About WebEngine:

Publicly-listed on the CDNX (YWE), WebEngine Corporation is a financial
transaction facilitator. The Company develops and markets sophisticated
solutions and provides advisory services to enable its clients to integrate
leading edge processing and security capabilities into their operations. Its
range of product offerings includes secure banking system infrastructure
development, credit card processing, clearing and settlement.

About P&P Bank:

Headquartered in Belgrade and with branches located throughout
Yugoslavia, Prva Preduzetnicka Banka A.D., is focused on serving small and mid-
sized companies. The Bank was established in 1992 to encourage the development
of private entrepreneurship in Yugoslavia and is focused on delivering
innovative financial services to its clients. P&P Bank has more than 13,000
depositors and in excess of 23,000 active accounts. (The Bank has assets of
approximately 3.4 billion dinars (US$51 million), the bulk of which (45%) is
held in cash.

Branch Gift Cards

Cleveland-based KeyBank has unveiled a new prepaid MasterCard gift card called: ‘Key Possibilities’. The new card is available for immediate purchase to customers at 900 bank branches. The card is available for a fee of $3.95 per card and is available in four preloaded denominations: $25, $50, $75 and $100. The ‘Key Possibilities’ card can be used at all MasterCard acceptance locations including MasterCard/Maestro/MAC/STAR/Cirrus ATMs.

MULTI-CURRENCY SUREFIRE

SureFire Commerce Inc. announced that its full suite of online payment products
will now accept and
settle payments in 30 world currencies, including the US Dollar, the Canadian
Dollar, the Euro, the French Franc, the Deutsche Mark and the Sterling Pound.
SureFire Commerce can now process more currencies than any other payment
processor in the world.

SureFire Commerce will integrate this expanded currency capability into
its payment enabling solutions, including its Business and Personal Accounts.
SureFire Business Accounts allow businesses to accept credit cards, debit
cards and FirePay Personal Accounts on their site. The FirePay Personal
Account is an electronic payment account that consumers can securely fund from
a variety of sources, including Visa, MasterCard and electronic cheques, and
use to pay for products and services on the Web without having to divulge
sensitive credit card information.

The benefits of having multi-currency capabilities include:

– no foreign exchange risk, since SureFire Commerce’s payment solutions
will settle all online transactions in the “native” currency of the
consumer and merchant;

– the ability for SureFire Commerce to form successful strategic
partnerships in Europe similar to those in North America;

– the opening of the European market to SureFire Commerce’s current base
of North American merchants;

– one stop shop for clients, allowing them to handle 30 currencies with
only one integration.

“Our strengthened multi-currency capability will be instrumental to
cementing and expanding the scope of our European headquarters, which was
opened in March 2001,” said Rory Olson, President and CEO of SureFire Commerce
Inc. “Being able to accept and settle payments in 30 world currencies is a
‘must have’ for our European operations and will increase that business unit’s
ability to close strategic marketing partnerships with leading banks,
communications service providers and technology companies.”

NEW PARTNERSHIP WITH REDBRIGADE

SureFire Commerce recently signed a new partnership agreement with
RedBrigade, a global systems integrator that will benefit from this new multi-
currency capability. RedBrigade will integrate SureFire’s electronic Bill
Presentment and Payment solution into its financial processing system and
offer the solution to its FTSE 500 client base.

With the integration of SureFire’s Bill Presentment and Payment solution,
users of RedBrigade’s financial processing system will be able to send bills
to their clients via the Internet and receive both online and offline payments
through credit cards, debit cards, cheque or the Business Automated Clearing
System (BACS), depending on the client’s preference. The solution is
particularly effective for corporate clients with high billing volume, who can
send e-mail invoices to consumers who make offline transactions.

“Our partnership with SureFire Commerce is another major step in taking
the pain out of conducting business both online and offline, especially for
our corporate clients that have very high volume billing needs,” said John
Maruca, Director Emerging Technologies of RedBrigade. “We’re pleased to offer
clients seamless integration with the Bill Presentment and Payment solution of
SureFire Commerce, a company that shares our vision of what clients can
accomplish both online and offline.”

ABOUT REDBRIGADE

RedBrigade, an operating company under iGATE Capital, is one of Europe’s
fastest-growing providers of high-value IT solutions for companies addressing
technology change, from back-office systems through to the Web. Drawing on a
global resource of nearly 500 qualified consultants, the company guarantees
the rapid deployment of strong and consistent teams to deliver bespoke IT
solutions to its clients, at industry-leading prices. Consequently, RedBrigade
has been rewarded with a repeat engagement rate of 75 per cent. Formerly
Mastech Europe, RedBrigade’s headquarters were founded in the UK in 1996.
Other offices are located in Scotland, Ireland, Sweden, Finland and South
Africa.

ABOUT SUREFIRE COMMERCE INC.

SureFire Commerce Inc. is a global business-to-business provider of
proprietary e-commerce solutions in the area of secure credit card transaction
processing and merchant enabling. SureFire Commerce is an international
provider of secure online transaction processing services to goods and
services merchants in the areas of retail sales, sports, entertainment and
licensed online gaming, among others. Total transactions processed exceeded
$1.2 billion in fiscal 2001. SureFire Commerce’s merchant enabling solutions
provide telecommunications companies, Internet service providers, high-traffic
portals and financial institutions the ability to generate recurrent revenue
streams for themselves and their small- and medium-sized business customers.
SureFire Commerce is headquartered in Montreal (Quebec) with offices in Hull
(Quebec), Boston (Massachusetts) and London (England).

FUSA 3Q/01

First USA reported this morning third quarter net income of $279 million an increase of 58% over the year-ago quarter. Pre-tax return on outstandings soared to 2.64% compared to 1.97% for 2Q/01. First USA says the leap was produced by higher net interest income, lower credit costs, reduced expenses on the legacy First USA portfolio, and the addition of the Wachovia credit card business. End of period managed loans logged in at $66.8 billion. Charge volume increased 1.7% over the past 12 months, from $34.6 billion for 3Q/00 to $35.2 billion for 3Q/01. During 3Q/01, First USA opened over 1.1 million new accounts and ended the quarter with 58.4 million cards-in-force. Bank One/First USA also has 4.3 million debit cards-in-force. The managed charge-off rate increased to 5.89% from 5.03% a year ago, reflecting lower average loans on the First USA portfolio and higher losses, but decreased from 6.09% in the second quarter. The managed 30-day and 90-day delinquency rates were 4.25% and 1.80%, respectively, up from 4.14% and 1.79% in the year-ago quarter and 4.10% and 1.78% in the second quarter. For complete details on Bank One/First USA’s 3Q/01 performance as well as historical data visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

ID DATA & VODAFONE

ID Data plc, the UK’s largest supplier of secure transaction systems and smart
card
services, announces the Company has entered into a £2.2 million supply
contract with Vodafone UK to deliver support services to Vodafone’s innovative

pre-pay platform.

In the initial contract ID Data will supply Vodafone UK with support services
for the
Pay as you Talk market. The supply of these solutions illustrates the
adaptability of
ID Data, by fulfilling the demands for greater flexibility in both product
offerings and
pre-paid solutions.

This is the first contract between Vodafone and ID Data and it is expected to
establish an ongoing relationship between the two companies. Vodafone UK will
have the opportunity to access the latest card solutions and technology from ID
Data.

Peter Cox, CEO of ID Data commented: “This partnership with Vodafone UK has
reaffirmed the capabilities of ID Data to supply tailored solutions to clients
in the
timespan requested. We look forward to a long and fruitful association with
Vodafone.”

About ID Data plc

ID Data plc is the UK’s largest supplier of secure transaction systems and
smart
card
to the international telephony, banking, retail and secure access sectors.
The
Company strategy has moved from commodity products into value-added services
and solutions, which has created a solid platform on which to build further
growth.
Clients include BT and C & W, Barclays Bank, Tesco, and Exxon Mobil. ID Data
has
formed agreements with major global corporations to ensure rapid market
development as shown by their partnerships with Toshiba & Toppan, and Total
Systems Inc. of the United States of America. ID Data has now delivered in
excess
of 60 million chip cards for the telephony sector. The Company was founded in
1988,
and was listed on the AIM in October 2000.

OPC in NJ/ID

Official Payments Corporation announced a new business award with the State of New Jersey Division of Motor Vehicles. Under the agreement, Official Payments will provide a service enabling businesses to pay by credit card for commercial International Regulatory Plan fleet vehicle registration renewal over the Internet.

The new payment system is scheduled to launch on the state’s Web site before the end of the year.

“Each vehicle within an IRP fleet, such as trucks or buses, must be renewed annually. Prior to this system, fleet owners had to make multiple visits to the Division of Motor Vehicles as each vehicle came up for renewal,” said Tom Iannotti, Manager – Motor Carriers, New Jersey Division of Motor Vehicles. “Our new electronic filing and payment systems eliminate the trip to the DMV, making the process easier for business owners, and helping to streamline our state operations,” he added.

“We are pleased with this important business development for two reasons,” said Thomas R. Evans, Chairman & CEO of Official Payments. “First, the new business in New Jersey is our first DMV file-and-pay client, a new incremental market for us. Second, the data interface and registration aspect of this contract is a technology we think we can apply for opportunities with other clients,” Mr. Evans added.

Annually, the New Jersey Division of Motor Vehicles collects approximately $75 million in fleet renewal fees on over 60,000 vehicles in over 14,000 separate accounts. On the state’s Internet site, owners will be able to enter an identification number for a fleet vehicle, file and pay for the fleet vehicle’s registration renewal electronically, and receive the vehicle renewal stickers via mail.

Official Payments will charge fleet owners a convenience fee for processing these credit card transactions. For example, an owner who made a renewal payment of $1,000 would find a total of $1,025 on their credit card statement: $1,000 for the renewal fee and $25 for the convenience fee. American Express, Discover Card, and MasterCard are the credit cards accepted by the program. Owners using credit cards with bonus rewards programs can, depending on their card’s program, earn rewards, points, and cash-back or airline frequent flyer miles for paying their taxes.

Ada County To Offer Real Estate Tax Payments Via Internet & Telephone

Official Payments Corporation -[http://www.officialpayments.com][1]- (Nasdaq: OPAY) also announced Tuesday that Ada County, ID has signed a service agreement with the company. This agreement will enable citizens to pay real estate tax obligations over the Internet by visiting [http://www.officialpayments.com][2], or via telephone by calling toll-free 1-800-2PAY-TAX. The programs will commence at the end of November. Official Payments has similar agreements with over 900 government entities within 49 states across the country. The company has contacts with the Internal Revenue Service, 18 state governments, and the District of Columbia to collect taxes, fees, and fines by credit card over the Internet and telephone. Ada County, home to the capital city of Boise, is the largest of 44 counties in the state of Idaho. The county’s population has increased nearly 50% in the past ten years to over 300,000 people. Last year, Ada County collected over $255 million in real estate taxes. Real estate bills will be mailed to taxpayers at the end of November and are due in two installments. The first installment is due December 20, 2001 and the second installment is due June 20, 2002.

“Ada County is an important win for us within the state of Idaho. We have 39 other city and county clients within the state, and we believe that the satisfaction of those clients and the taxpayers they serve helped us secure this account,” stated Thomas R. Evans, Chairman & CEO of Official Payments. “Our goal is to provide taxpayers with convenient new ways to satisfy their tax obligations – over Internet or telephone. We believe that credit card payment will be an attractive option for many taxpayers,” said Ada County Treasurer Lynda Fischer.

Official Payments charges taxpayers a convenience fee for processing these credit card transactions. The fee schedule can be found on the Internet at [http://www.officialpayments.com][3]. For example, a taxpayer who owed $2,000 in real estate taxes and charged their taxes would find a total of $2,068 on their credit card statement: $2,000 for the tax bill and $68 for the convenience fee. Depending on their credit card program, taxpayers using credit cards with bonus rewards programs may be eligible to earn rewards points, cash-back or airline frequent flyer miles in return for paying their taxes.

About Official Payments Corporation

Official Payments Corporation (Nasdaq: OPAY) is the leading provider of electronic payment options to government entities. The company’s principal business is enabling consumers to pay their government taxes, fees, fines, and utility bills by credit card, via Internet and telephone. The company is unequaled in market penetration and national footprint. Official Payments has agreements to collect and process credit card payments with the Internal Revenue Service, 18 state governments, the District of Columbia, and over 900 county and municipal governments in 49 states across the United States. In 2000, Official Payments collected and processed over $925 million in federal, state and local government payments.

Official Payments was founded in the San Francisco Bay area in 1996. Thomas R. Evans, the former President & CEO of the Internet company GeoCities, became Chairman & CEO of Official Payments in the summer of 1999. Mr. Evans brought Official Payments public in November of 1999, raising $80 million in its IPO on the NASDAQ national market. The company’s success in new client acquisition, increasing business with its existing clients and in building consumer awareness can be attributed to the combination of an enormous market opportunity with a highly skilled and experienced management and staff, aggressive sales and marketing, and a core competency in developing and implementing leading-edge technical systems.

[1]: http://www.officialpayments.com/
[2]: http://www.officialpayments.com/
[3]: http://www.officialpayments.com/