Home Account Certified

Home Account, the leading developer of Internet-based financial services, this week announced that its data center has earned the industry-leading ICSA TruSecure certification for the second year in a row. The annual re-certification is part of Home Account’s ongoing effort to increase usage and acceptance of Internet financial services – by both financial institutions and consumers — by ensuring the highest possible security for web-based transactions and information.

Home Account pioneered use of the ICSA certification standard in the financial services industry in May of 1998, when it became the first Internet financial services vendor to obtain certification. In addition to conducting ICSA TruSecure certification annually, Home Account’s data center is continuously monitored to ensure compliance with ICSA’s rigorous security standards.

“As Internet financial services continue to grow exponentially, our commitment to enabling our financial institution clients to offer their customers the most secure services possible grows as well,” said Randy Kahn, Chief Operating Officer of Home Account. “By obtaining annual verification using ICSA’s proven security standards and controls, we are easing customer security and privacy concerns and helping to build broader market acceptance for Internet financial services.”

“Financial services firms now represent 40 percent of ICSA’s customer base, led by Home Account, the forerunner in the trend toward adopting more stringent security standards,” said Peter Tippett, chairman and chief technologist at ICSA. “Today, Home Account continues to be a pioneer in recognizing that protecting customers’ security and privacy requires continuous effort.”

Earlier this year, Home Account announced a program that extends ICSA’s TruSecure certification to client websites for a fraction of the cost of obtaining a complete, independent security audit on their own.

About ICSA, Inc.

ICSA, Inc., a GartnerGroup affiliate, is the world’s source of objective, independent, Internet security services. Through ICSA’s TruSecure(tm) suite of services, businesses are reducing their information security risks and enabling expansion of Internet technology implementation. ICSA has used its leadership and expertise to support the growth of Internet business and commerce worldwide. ICSA headquarters are located in Reston, Virginia. For additional information, visit the ICSA website at [www.icsa.net][1].

About Home Account

Home Account delivers patent-protected home banking, financial management and electronic commerce solutions to banks, brokerages and other financial service organizations. Home Account’s products include: Canopy Server(tm), an OFX (Open Financial Exchange) financial services platform that allows distribution of services through multiple channels; Canopy Advisor(tm), a strategic financial planning system for use by individuals and financial professionals; Canopy First(tm), a family of outsourced, scalable and brandable Internet products and services for financial institutions, card issuers and brokerages; Canopy Card(tm), innovative Internet account access programs for card issuers; Canopy Business(tm), Internet-based cash management services for business customers; and Canopy Clients(tm), a series of financial management user interfaces.

[1]: http://www.icsa.net/

Euronet – DASH

KS-based Euronet Services reported Thursday that its financial software subsidiary, ARKSYS, has acquired full ownership of DASH, an ATM network services provider and transaction processor in Arkansas. ARKSYS previously held a one-third interest in DASH and last week completed the acquisition of the remaining two-thirds from Metropolitan National Bank of Little Rock, AR, and First United Bancshares, Inc. of El Dorado, AR. DASH provides transaction switching, ATM and debit card services to 24 financial institutions in Arkansas and Texas. The DASH network currently comprises 132 bank-owned ATMs. DASH will constitute part of a back-up computer center for Euronet’s European operations. Euronet operates an independent ATM network of over 1,600 ATMs in Europe.

Nova – Bell South

NOVA Corp. announced Thursday it has become an official reseller of BellSouth Wireless Data’s nationwide ‘BellSouth Intelligent Wireless Network’. The complete solution, which NOVA will resell to its merchants, will include a portable terminal with wireless modem, the ‘BellSouth Intelligent Wireless Network’, and NOVA’s ‘TRAVERSE’ wireless processing solution.

Pinnacle Cash Cards

The ‘Pinnacle Cash Card’ is coming. Yesterday Clearwater, FL-based, start-up, Pinnacle Business Management, Inc. announced an agreement with an undisclosed national financial services company to issue the new cards. Thursday’s agreement will enable Pinnacle’s new card to be used in more than 750,000 ATMs and retail stores. By walking into any authorized Pinnacle location, customers can acquire a cash card, or fill an existing card in the possession of anyone anywhere in the world, with cash. The cardholder can use the card immediately. Pinnacle specializes in paycheck advance loans and automobile title loans. The new card is intended to reduce the cash inventories at paycheck advance locations.

HyperWare C

Hypercom Corporation introduced the HyperWare “C” Developer’s Toolkit, a C-based package which includes the source code for a base application for credit and debit transactions. Hypercom’s new development environment also includes a rich set of tools that allow programmers to quickly customize the base application component to differentiate their solution in the marketplace.

“Our customers report they are delighted with the performance and functionality of the applications we are developing, but that they also want the chance to use their own in-house programming expertise,” said George E. Devitt, Hypercom Corporation senior vice president of sales, US and Canada and Global Marketing. “Hypercom’s C-based toolkit meets that need, and provides everything a financial institution, value-added reseller or third-party processors needs for developing customized point-of-sale application.”

“The HyperWare toolkit uses the popular “C” programming language for quick and easy development of value-added applications. It expands the flexibility and functionality of the customer’s electronic processing network, and allows them to fine-tune the applications to their own unique environment,” Devitt continued.

In addition to the credit/debit application with source code, Hypercom’s HyperWare C-based toolkit includes utility functions to access and work with Hypercom’s card payment systems, libraries, compilers, debugging tools and in-circuit emulators to assist in development and speed time to market. The toolkit is compatible with Hypercom’s ICE(TM) 5000 family of interactive, touch-screen card payment systems, T7 card payment systems, Hypercom(R) S7 and S8 secure PINpads, and Hypercom printers.

Hypercom’s HyperWare C-based Developer’s Toolkit is available now through a Hypercom sales representative.

Also at ETA, Hypercom is introducing its HyperWare Version 1.0 turnkey electronic transaction system software, and Hypercom SmartICE(TM) hand-held, wireless card payment system. For a complete demonstration of Hypercom’s SmartICE, ICE 5000 and HyperWare electronic payment solutions, please visit Hypercom’s booth No. 6 at the ETA Annual Meeting and Exposition, August 19-21, Hyatt Regency Hotel, 300 Light Street, Baltimore, Maryland.

Hypercom Corporation (NYSE: HYC) is a global provider of electronic payment solutions, including multi-function point-of-sale terminals, peripherals, network products, Ascendent(TM) payment and transaction software and Internet-based and electronic commerce payment solutions.

On a global basis Hypercom delivers the services and technology infrastructure required to quickly integrate and deploy new payment applications. These applications provide competitive value-added programs, improved business performance and low total cost of ownership.

Headquartered in Phoenix, Arizona, Hypercom markets its products in more than 70 countries through a global network of affiliates and offices in Argentina, Australia, Brazil, Chile, China, Hong Kong, Hungary, Japan, Mexico, Russia, Sweden, Singapore, the United Kingdom and Venezuela. Hypercom’s Internet address is [www.hypercom.com][1].

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

Omnetrix Calling Cards

Ted A. Bohrer, Vice President of e-Net Financial Corporation announced Thursday that Omnetrix International, the joint venture partner of the Company’s wholly owned subsidiary, City Pacific International, has been able to reduce Phone Card rates by almost 7%.

E. G. Marchi, President of City Pacific, stressed the significance of this reduction, “we were already at 15 cents per minute; there is no billing charge; there is no connect charge; there is no first minute charge. The Omnetrix 500 Minute Prepaid Calling Card is the best deal available.”

Mr. William Van Vliet, President of Omnetrix, added, “We’ve recently begun to use new and different hardware. State of the art technology permits us not only to pass savings on to our customers, but also offer improved customer service, faster connect times and crystal clear sound quality.”

Mr. Van Vliet continued, “We have also added a Phone Card aimed at the consumer who may not use 500 minutes in a reasonable length of time. Our new card retails for $24.99 and has 157 minutes. Marketing strategies are now aimed at public consumers as well as corporations, and businesses. Customers are attracted through Internet ads, the Omnetrix web site, print media, and direct mail. New and varied phone cards are constantly under development to respond to the demands of consumers.

Diebold – China

Diebold Pacific said Wednesday it has been awarded ATM contracts from the China Construction Bank and the Taiwan Hua Nan Commercial Bank. The order from the China Construction Bank is worth $9 million and includes more than 350 full function ATMs and cash dispensers and contracts for Diebold to provide service throughout China. The ATMs will be installed in CCB branches in 19 provinces. The Hua Nan Commercial Bank signed a deal worth $1.25 million which represents more than 70 cash dispensers. These Taiwan units will use technology from Licent Information Technology to display advertisements on the cash dispensers.

Primary Payment Milestone

Primary Payment Systems, Inc. is celebrating an impressive milestone: 100 Million Checking Accounts in our database!

Primary Payment Systems helps banks and other financial institutions reduce check and payment losses using a national checking account database. The Primary Payment Systems database provides advanced electronic notification of potential check returns and allows participating institutions to inquire into the status of any account in the database.

“Reaching 100 million accounts is a noteworthy accomplishment, not just for Primary Payment Systems, but for the entire industry,” said Larry McNabb, chief executive officer of Primary Payment Systems. “There’s a simple reason for our success — the database works! We estimate that our participants will avoid more than $100 million in check losses this year.”

Created in 1995, the Primary Payment Systems database grew quickly. Today, it includes 100 million checking accounts in 49 states. There are more than 150 Primary Payment Systems participants who contribute information to the database, including seven of the top 10 bank holding companies in the U.S. As more financial institutions come on board, the database will become even more effective.

“Banks participation with Primary Payments Systems is consistent with one of the Banking Industry Technology Secretariat’s (BITS) major goals — reducing fraud — and is an outstanding example of banks working together to benefit the industry and our customers,” said Catherine Allen, chief executive officer of BITS.

About Primary Payment Systems, Inc.

Primary Payment Systems, Inc., headquartered in Scottsdale, Ariz., provides payments loss reduction services for financial institutions, retailers and remittance processors. Primary Payment Systems national checking account database provides electronic advanced notification of potential returns to participants, resulting in measurable loss reduction. Founded in 1995, Primary Payment Systems is owned exclusively by banks and bank-owned organizations.

Laundry Help

In a major effort to combat money laundering, the U.S. Treasury Department announced new regulations yesterday requiring all check-cashing, cash-remitting and currency-exchange businesses to register on a national database. Under the new regulations such money service businesses as Western Union, MoneyGram Payment Services, and ACE Cash Express, have until Dec. 31, 2001 to register with the Treasury Department. The Treasury is also requiring major players to report any agents that handle more than $100,000 per month in cash. Failure to comply could result in fines of up to $5,000 per day and up to five years in prison. Like banks, money service businesses are already required to report all cash transactions over $10,000 and to keep records of any transaction of $3,000 or more. The new regulations will affect nearly 8,000 money service businesses representing an estimated 160,000 locations. The new rules were spurred by the Treasury’s Financial Crimes Enforcement Network. The FinCEN indicated yesterday it is still seeking rules requiring non-bank money-service businesses to report all suspicious activity such as frequent cash transactions or multiple transactions just below the $10,000 level.

International Value

MD-based e.spire Communications, Inc. announced Wednesday that its subsidiary, ValueWeb will offer customers around the world the option of paying their invoices in eight local currencies: the Canadian dollar, the Euro, the British pound, the German mark, the French franc, the Dutch guilder, the Irish punt and the Japanese yen. With the new service, ValueWeb’s international customers will be able to pay by credit card or debit card, online or through a sales representative, in the eight different currencies. Additionally, ValueWeb will accept the United Kingdom-based ‘Switch’ and ‘Solo’ debit cards.

MoneyGram Domino Sponsor

MoneyGram Payment Systems has announced it will sponsor the 1999 World Championship Domino Tournament to be held in Jamaica Sept. 23-26, 1999.

“Sponsoring this event is a natural extension of our commitment to the Caribbean community,” said Jared Parker of MoneyGram, which is a leading international money transfer company. “We provide an important link between families and businesses in the Caribbean and the U.S., so we are pleased to help bring an international event such as this to the region.” Parker said the company has approximately 500 locations in the Caribbean, with 197 in Jamaica alone.

Other sponsors of the 1999 World Championship Domino Tournament include the Victoria Mutual Building Society, the Jamaica Tourist Board and Air Jamaica. The competition will be held at the Wyndham Rose Hall in Montego Bay, Jamaica, from Sept. 23-26, 1999. Teams will compete for a total purse of $150,000 in cash and prizes, with $25,000 going to the winning team. The registration fee is $250 per two-player team. Due to the limited number of places, tournament officials recommend that participants register in advance. For reservations and information on tour registration, airfare and hotel packages, call 1-888-622-3007. Participants may also register at any Air Jamaica sales office.

MoneyGram offers international money transfers to 26,000 locations in over 120 countries, reaching over 80 percent of the world’s population. With MoneyGram’s network of money transfer agents, consumers and businesses can send and receive money from around the world in less than 10 minutes.

MoneyGram Payment Systems, Inc., is part of Travelers Express Company, Inc., a subsidiary of Viad Corp. Travelers Express is the world’s number one processor of money orders and a leader in utility bill payments and official checks. Viad Corp, a $1.6 billion company traded on the New York Stock Exchange (NYSE:VVI), is focused on two business segments: payment services and convention services.