Experian announced the introduction of two risk management software packages yesterday, namely, ‘Credit Advisor’ and ‘Account Advisor’. The company says ‘Credit Advisor’ (on the front end) and ‘Account Advisor’ (on the back end) effectively form a suite of tools that makes application processing and risk management faster and smarter. With ‘Credit Advisor’, users have the unique ability to create on-demand management reports to evaluate company approval rates and credit policies. ‘Account Advisor’ (Windows 95 or NT format) enables user management of an entire portfolio while providing single subject detail and is designed to manage up to 50,000 business credit accounts at once.
Cendant Business Services has announced an industry first: the Cendant Card, the MasterCard-branded one-card solution for managing T&E, purchasing and fleet expenses, now provides enhanced information capture on vehicle maintenance purchases.
âWhen it came to paying for vehicle maintenance expenses for sales and service people, information capture was a challenge for the charge card platform,â says William Brooks, General Manager of Cendant Business Services. âManagers needed to be able to capture line-item detail on transactions such as oil changes, new tires or repairs, and store them in a database that could be accessed throughout the life of the company vehicle. Now, the Cendant Card has developed a network that captures this kind of information on a one-card platform. And itâs provided in a way that uses our data warehouse and makes reporting easy, while helping managers maintain control of maintenance spending. This is a capability thatâs unique to the Cendant Card and truly enhances its value to the corporate buyer and manager.â
Robust maintenance information via the Internet Whether corporate fleet has 100 or 10,000 vehicles, vehicle maintenance is an expense that needs to be tightly controlled. Detailed information is the key to managing costs and making vehicle replacement decisions. In the past, this kind of information was available only on private-label cards provided solely by fleet management companies.
Cendant Business Services has broken new ground by developing the network and data capture capabilities necessary to effectively manage vehicle maintenance. The Cendant Card is the only multi-purpose card on the market today that can track this information whenever a person driving a company vehicle uses the Cendant Card at a network of nationally recognized vehicle service facilities.
In addition to this enhanced information capability, only the Cendant Card enables managers to monitor purchasing activity online via the Internet at [www.cendantbusiness.com]. They benefit from real-time information, available any time from any place in an easy-to-use format. Information can be manipulated in thousands of interactive inquiries and a variety of standard reports. Managers can also create ad hoc reports based on their specific needs and interests.
Cendant Business Services is the commercial card division of Cendant Corporation , one of the world’s foremost providers of consumer and business services. Cendant Business Services markets the multi-purpose, MasterCard-branded Cendant Card for travel & entertainment, purchasing and fleet services, as well as niche private label and co-branded cards.
SIMS Communications Inc. announced Wednesday that it has signed Innovatix as a Marketing Agent for its MedCard System.
“We are very impressed with the MedCard System’s capabilities and with its elegant system design,” stated John P. Sganga, president of Innovatix. “Since 1993, Innovatix’ strategy has been to offer our alternate care provider customers products and services that reduce their expenses. We see the MedCard System as a perfect complement to our product line.”
Four years in development, and using state-of-the-art computer and communications technologies, the MedCard System is an easy-to-use, cost-effective solution for electronically processing medical transactions. Verification of a patient’s medical benefits is obtained in real-time and most insurance payors can receive claims electronically. Its benefits include more rapid claims processing, fewer errors, faster payments and reduced expenses both for the healthcare provider and the insurance company.
“We are delighted that Innovatix has agreed to market the SIMS MedCard System,” stated Mark E. Bennett, SIMS president and CEO. Innovatix’ industry reputation, extraordinary growth, existing customer base and national sales focus makes them an ideal marketing partner.”
Innovatix, a privately held corporation, is one of the fastest growing alternate care group purchasing organizations in the U.S. Headquartered in Manhattan, with 11 sales offices located throughout the country, Innovatix services 1,500 alternate care providers in 50 States and Puerto Rico. These providers include independent oncology practices, physician groups, home I.V. infusion providers, long-term care providers, diagnostic centers and HMOs.
SIMS Communications provides low cost, turnkey, transaction processing solutions to service providers and retailers. These solutions use its patented, intelligent, DebitLink POS terminal, custom software and a comprehensive network of financial transaction processors encompassing most credit card and ATM networks. Its services include medical insurance eligibility and authorization, medical billing, prepaid phone card activations, customer affinity programs and customized vertical market applications.
DataCard introduced two new software products Monday that will make the smart card personalization process faster and easier for developers, integrators and value-added resellers. The new DataCard ‘Smart Card Framework for QuikWorks’ software and the DataCard ‘QuikWorks Production API’, which uses ‘Microsoft ActiveX’, provide all the tools needed to personalize smart cards as part of a seamless, inline card issuance process. The company said they expect the new software products will be used initially for data security applications, but they’re designed to accommodate a full range of smart card-based applications.
GRIC Communications and Lucent Technologies jointly introduced a prepaid Internet telephony calling card system Monday for service providers. ‘GRICprepaid’ is a Java-based software application that interfaces with Lucent’s ‘PacketStar’ IP Telephony System via an enhanced Lucent-developed application programming interface. The calling card enabled by ‘GRICprepaid’ provides real-time authentication, rating, voice response and call termination via Lucent’s ‘PacketStar ITS’. ‘GRICprepaid’ supports a four-tier, distributed server environment and is highly scaleable, customizable and localizable. It runs on UNIX and Windows NT platforms, and is available now. ‘GRICprepaid’ is priced at $25,000.
Siemens Information and Communication Networks will unveil its prepaid debit card service and Internet interface as part of a broad range of competitive advanced intelligent network solutions tomorrow. The ‘Fast Feature Platform’ features an interface to the Internet which allows subscribers to easily control and configure their own telephone services, such as prepaid debit card, international call back, one number service, 1-800 stay in touch and geographic routing. Some services include prepaid Internet, parent phone control, teen card, super blocker, super call forward, find me, elder care and click-to-talk fax web advertising support. The Siemens prepaid debit card service is a network-wide solution that can accommodate massive debit card volumes.
American Mobile Satellite introduced yesterday the ‘SKYTOUCH’ credit card satellite payphone, the only certified public payphone product for use with American Mobile’s ‘SKYCELL’ satellite telephone service. ‘SKYTOUCH’ payphones provide telecommunications services for remote or mobile operations, such as remote lodges, park and recreation areas, heavy construction, mining, transportation, geophysical and petroleum exploration, and cruise ships. The payphones honor VISA, MasterCard, American Express and ‘SKYMINUTES’ satellite debit cards. ClaraCom Inc.’s Satellite Payphone Network is responsible for credit card validation, rating calls, completing calls to intended destination and processing daily transactions.
San Jose-based Trintech introduced ‘PayWare NetPOS’ yesterday, providing four degrees of security, ranging from SSL to hybrid SSL/SET to Certless SET and end-to-end SET. With “Certless” SET, consumers are given a virtual wallet that is downloadable from an issuer, portal or ISP’s Web site. The wallet is “thinner” than a regular SET wallet since it does not include a SET digital certificate issued by a third party. In the case of “Certless” SET, the wallet generates a SET message that is sent to the merchant as a SET transaction. It includes an encrypted personal identifier that the merchant cannot decode as in the case of full SET. This is more secure than the previous combinations because the consumer is assured the merchants are not only SET-certified, but the wallet confirms that the merchants are legitimate. End-to-end SET includes a consumer digital certificate in the process and is designed for purchasing environments where security is paramount. Unlike competing SET wallets, the Trintech version is up to four times thinner due to the superior compression techniques incorporated in its development.
Atevo Travel () and Discover Card () announced the addition of Atevo Travel’s top-notch products and services to Discover ShopCenter, the successful Internet shopping gateway.
Discover Cardmembers have easy access to all of Atevo Travel’s robust reservations services, which include airlines, hotels, rental cars, and complete vacation and cruise packages. They also have convenient access to Atevo Travel’s award-winning destination information, feature and news articles, maps, photos, community forums, and more.
Plus, now through Dec. 31, 1998, Discover Cardmembers receive extra savings whenever they purchase an Atevo Travel vacation or cruise package totaling at least $500 before taxes. Specifically, Cardmembers receive:
— A $25 discount on a vacation package or cruise totaling $500 to $999 per booking before taxes.
— A $50 discount on a vacation package or cruise totaling $1,000 to $1,999 per booking before taxes.
— A $100 discount on a vacation package or cruise totaling more than $2,000 per booking before taxes.
Certain restrictions apply.
“For shoppers dreading holiday crowds and traffic, Atevo Travel’s special savings offer on Discover ShopCenter comes at the ideal time,” observed Hyun Shin, president and CEO of Atevo, Inc. “With over 600 vacation packages and over 100 cruises to choose from, all in the convenience of one’s home or office, shoppers are bound to find the right gift for the holidays and beyond.”
“Discover ShopCenter provides our Cardmembers with a convenient way to obtain meaningful product discounts online from some of their favorite retailers,” said Joe Bonefas, vice president of technology products, Discover Financial Services, NOVUS Services, Inc. “In research we conducted earlier this year, Cardmembers told us that discounts are important to them. Discover ShopCenter responds to their requests, and brings added value to our relationship with Cardmembers.”
The Atevo Travel page on Discover ShopCenter can be found at .
About Atevo, Inc.
Atevo, Inc. was founded in 1996 as a full-service online travel company dedicated to delivering to consumers a complete, user-friendly travel solution that integrates content, community, and commerce. Atevo Travel, the company’s Web site (http://www.atevo.com), was recognized as a “Best of the Web” travel site by PC Magazine and as the Editor’s Choice for a general travel resource by U.S. News and World Report Online.
The site offers easy-to-use online travel reservations and comprehensive practical travel information, including original, changing travel articles. In addition, it fosters positive participation of travelers through innovative features such as Your Travel Page, a free personal travel page, and Travelers’ Exchange, an extensive set of message boards.
AR-based Acxiom Corp. announced the development of ‘InfoBase Profiler’ via the ‘Acxiom Data Network’. The program is due for release Apr. 1. ‘InfoBase Profiler’, will be the first and only consumer data product that can take a consumer’s telephone number and/or name and address, and return demographic data. Leveraging the ‘Acxiom Data Network’, ‘InfoBase Profiler’ delivers a comprehensive census and household data profile and profile score in sub-second time. The program provides sub-second and express batch access to demographic data for integration with customer’s marketing and operations-level applications. ‘InfoBase Profiler’ also provides the option of using ‘InfoBase Lifestage Segmentation Codes’ (scores) or using InfoBase data to create or customize segmentation scores. ‘InfoBase Lifestage Segmentation Codes’ is a segmentation system divided into 42 major life segments that can be further fine-tuned into 252 sub-segments. Acxiom’s ‘InfoBase’ currently collects data from over 15 million major data sources and provides over 1.5 billion source records. It contains demographic information on 95% of U.S. households.
NCR and Sensar, Inc. confirmed yesterday that three more banks in Europe have signed up to pilot ATMs that utilize iris scan access. The three new banks join Nationwide Building Society of Britain which has run a trial for the past six months at a branch in Swindon, England. The three banks are: Banco Ambrosiano Veneto of Italy, Den norske Bank of Norway and Akbank in Turkey. NCR says there have been more than 1,000 participants in the trial at Nationwide’s Swindon branch. The company released a recent survey yesterday at the BAI Retail Delivery ’98 which shows that 91% would choose iris identification in future above either PINs or signatures; 94% would recommend iris identification to friends and family; and 94% were either comfortable or very comfortable using the new system. With 266 identification characteristics, the iris is the human body’s most unique physical structure. Every person on the planet, including identical twins, have different irises. Even a person’s own le ft and right iris are completely different. Unlike other measurable human features in the face, the patterns in the human iris do not change over time.
VISA and MasterCard announced Wednesday they are developing an ATM locator application for a new wireless handheld organizer. The new ‘Palm VII’ from 3Com, will provide fast, secure and easy out-of-the-box access to personal, business and Internet information. The product will enable users to quickly and easily obtain important information from various Web sites remotely via a wireless connection to the Internet. With the new ‘Palm VII’ organizer, 3Com also introduces a new model for accessing Internet information, called “web clipping”. Web clipping is a means of extracting a specific set of needed information from a given Web site, by requesting certain types of information via special query forms that reside on the ‘Palm VII’ device. VISA’s ATM Locator offers a way to pinpoint the location of any of VISA’s 450,000 ATMs in 120 countries worldwide and is available in English, Spanish, and Portuguese. MasterCard’s ATM Locator offers location information for 430,000 ATMs in over 100 countries. MasterCard says its service will also include an interactive feature allowing ‘PalmVII’ users to transmit their location from the handheld device and then receive a list of three nearby ATMs. The new organizer enters a national field trial in January, and is expected to be widely available in the U.S. next year.