Triton has selected “ScanSoft RealSpeak” to voice-enable ATMs nationwide. RealSpeak easily guides a visually impaired user through a transaction, which includes instructions to assist with account balance, cash withdrawal, results of the transaction, errors that may have occurred and other pertinent information. ScanSoft’s RealSpeak is the market-leading product for converting text into human-sounding synthesized speech, and the technology is used for a wide range of applications.
OR-based Corillian posted net income of $1.8 million in the second quarter on revenues of $11.5 million. Cash and investment balances at the end of the second quarter were $24.5 million, compared to $21.4 million at the end of the first quarter of 2003. Corillian anticipates third quarter 2003 revenues will be in the range of $10 to $11 million and reaffirms that revenues for 2003 will be in the range of $43 to $45 million.
Lyfra-Partagro has begun supplying its customers with a new GPRS-enabled electronic top-up service based on VeriFone’s “Omni 3750.” The project, which began with an initial order for 650 terminals, is expected to reach several thousand units by next year and is currently being rolled out in retail outlets across Belgium following a successful pilot in January. The “Omni 3750” interfaces with an external GPRS modem to connect to the wireless network. Androme, who developed the e-voucher application and server software, played a key role in the selection of the terminal platform.
American Express announced the expansion of the pilot for its new contactless payment device. “ExpressPay from American Express” is being tested in the greater Phoenix area. The company began piloting the key fob last summer with its employees in Phoenix, is now available at more than 175 local merchants. Last Fall, “ExpressPay” was market tested with non-AmeEx employees in New Jersey, at a corporate cafeteria serving multiple tenants and, separately, for making purchases at a local New Jersey fitness center. Earlier this year, the company introduced “ExpressPay” to the cafeteria serving a major financial institution and at American Express’ headquarters cafeteria and convenience store in downtown New York. Consumers have the option of funding “ExpressPay” in two ways: either as a direct link for payment to an American Express card or as a pre-paid product linked to any major credit, charge or debit card. AmEx developed “ExpressPay” in conjunction with Texas Instruments RFid Systems.
Bank One announced plans to invest $20 million this year to improve banking centers and ATMs in the Chicago area. This brings the company’s total announced investment to more than $100 million in Chicago over the next two years. The new investment will go toward renovating Bank One’s 208 Chicagoland branches and replacing 320 ATMs. Bank One also plans to replace it’s total nationwide network of more than 40,000 ATMs. The new machines feature touch screens, full-color graphics, voice prompts and web capability.
VeriSign has launched “VeriSign Fraud Protection Services” which has already been deployed by some of VeriSign’s 89,000 customers using VeriSign’s online payment services. Customers of VeriSign’s Fraud Protection services include the Dallas Cowboys Pro Shops and Webstore and Loews Cineplex theatres. The VeriSign Fraud Protection Services is compatible with well-known authentication programs, such as MasterCard SecureCode and empowers businesses to quickly and effectively identify and take decisive action against suspicious shopping patterns associated with virtual shoplifting and the use of stolen credit cards.
Fiserv’s BANKLINK unit has launched “bizLINK Bill Pay” enabling companies with revenues between $500,000 and $10 million to do internal transfer capabilities, loan reporting and payments, electronic bill payment through their financial services provider. bizLINK Bill Pay is available as an add-on that can be easily integrated into BANKLINK’s bizLINK or bizLINK Plus cash management solutions for small business. Bill Pay quickly and conveniently pays any vendor, leaving more time to dedicate to revenue-producing tasks.
Motorola, Nextel, and Creditel have partnered to launch a new solution to enable businesses to turn their Nextel phones into POS devices. The solution employs Creditel’s “PowerSwipe” device and “PowerPay J2ME” application running on Nextel’s national packet data network. Chase Merchant Services, provides merchant processing services for the “PowerPay” solution. “PowerSwipe” physically connects to the Nextel phone for unobstructed use, weighs 3.1 ounces, and incorporates a magnetic stripe reader, infrared printing port, and pass-through connector for charging the handset battery. The device will work on Motorola “i50sx,” “i55sr,” “i58sr,” “i85s” and “i88s” handsets for Nextel. Motorola will distribute the Creditel POS solution in the United States and Canada through its Motorola authorized two-way radio and reseller channels. Nextel will distribute it through its direct and indirect sales channels.
ACI Worldwide is teaming up with Sun Microsystems to provide Sun’s Java-based e-payment solutions for the finance industry. Currently, more than 520 customers are using ACI’s e-payment solutions, including dozens of the world’s top banks, retailers and e-payment processors.
Virgin Mobile USA has inked a deal with four major prepaid wireless phone card distributors to expand its reach to 25,000 individual retail locations in the USA. A joint venture between Virgin Group and Sprint, Virgin Mobile USA, which launched last July, is the first mobile virtual network operator in the US. The Virgin Mobile card charges 25-cents per minute for the first ten minutes of each day, and then 10-cents for every minute thereafter. The “Virgin Mobile Top-Up” card will be available in $20, $30 and $50 denominations. The four new agreements were signed by CellCards, GTS Prepaid, PRE Solutions and InComm. “Virgin Top-Up” cards are now available in nearly 800 Hess gas station stores and CVS drug stores. Virgin Mobile phones and top-up cards are currently available at Best Buy, Circuit City, Media Play, Sam Goody, Target Stores and Virgin Megastores. “Top-Up” cards are also available at Circle K and 7-Eleven stores as well as online through Virgin’s Web site.
MULTePAY has chosen the VeriFone’s “Omni 3750” as the platform to deliver
its electronic top-up facilities to the UK’s independent retailers. Under
terms of the deal, VeriFone will supply 2000 “Omni 3750” terminals running
“APACS40” software on which MULTePAY will develop the E-top-up facility,
using the “Alphyra” host system. The first units are due to be deployed in
stores from May, offering lucrative new revenue streams for retailers
alongside standard credit and debit card processing, including electronic
top-up for pre-paid mobile phones. The solution will be available to UK
retailers through Food Brokers Ltd.