MicroBilt to Offer FICO Expansion

MicroBilt has signed a deal to become the first reseller of Fair Isaac’s “FICO Expansion” score to the financial services industry. FICO Expansion score taps non-traditional sources of consumer data to help lenders assess credit risk for the estimated 50 million U.S. adults who cannot receive a traditional FICO score because they have little or no credit history on file at traditional credit bureaus. MicroBilt, a division of Bristol Investments, Ltd., is the leader in credit bureau data access and retrieval, providing credit, collection and data sources. Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of creative analytics that unlock value for people, businesses and industries.

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Dresser Wayne Gets a New N.A. President

TX-based Dresser has promoted Neil Thomas to President of Dresser Wayne — North America. Prior to joining Dresser Wayne, Mr. Thomas held the position of Vice President Marketing and Strategy for Tokheim Corporation. He also spent several years consulting to companies in the retail petroleum and energy industries with the consulting firm of Arthur D. Little and before that worked for Gulf Oil/Chevron Corporation in various Sales and Marketing management positions. Dresser Wayne is a technology leader in the manufacture, supply and service of retail and fleet petroleum fuel dispensers, dispenser control systems, credit/debit card processing terminals, and point-of-sale systems.

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CreditXpert Detective Launched for Consumers

MD-based CreditXpert has launched “CreditXpert Detective” which scans an individual’s credit data to reveal potential inaccuracies and recommend specific updates that will most significantly improve the person’s credit score. By putting expert knowledge and analytical intelligence at the fingertips of loan officers and consumers, CreditXpert Detective saves time and improves success rates. Identifying inaccurate, outdated, or missing information and determining the correct value is complicated and time consuming. CreditXpert Inc. provides highly personalized credit management tools to help lenders more effectively originate loans and manage customer relationships, and to help consumers understand, manage, and improve their credit and the credit decision process.

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SputnikNet Offers Card & PayPal Options

Wi-Fi specialist Sputnik has introduced “SputnikNet Premier”, a hosted wireless network management service that can accept online payments for wireless Internet service through credit card billing and PayPal. The SputnikNet Premier PayPal feature enables any network user with an email address to pay securely for wireless Internet service. Operators choose their own rate plans; Sputnik charges no transaction fee for PayPal purchases. Sputnik Inc. is a leading provider of software that allows wireless service providers to manage Wi-Fi networks over the Internet.

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PayPal Aims for Small-to-Medium Biz in 05

eBay said yesterday that its PayPal unit plans to expand its share of the small-to-medium business market this year, and in 2006 to turn its attention to the large merchant segment. PayPal will use new merchant tools, brand positioning, and broadened distribution channels to drive growth in these two new segments. The company also outlined its strategy to continue to add localized sites for in-country payments, grow the adoption of PayPal in those localized markets, and use PayPal as a driver to expand its global network by enabling cross-border trade. PayPal currently has localized sites in 10 countries outside the USA. PayPal now has 64 million user accounts. Nine percent of all consumer e-commerce in the USA, and 5% globally, went through PayPal last year. For complete details on eBay/PayPal current and past performance visit CardData ([www.carddata.com][1]).

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

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MasterCard to Launch Global SMS Alerts

mBlox, a mobile messaging transmission and billing specialist, has teamed with MasterCard to launch the first global fraud detection and alerting system using the “Short Message Service.” The product integrates mBloxâ™s mobile messaging service with MasterCard’s “Aristion” fraud prevention tool and will be offered first in Europe. Throughout 2005, MasterCard will be extending the service to Asia Pacific, SAMEA and later to North America. The product should start to impact consumers in the latter half of 2005. Cardholders will have easy access to the solution after a simple registration process. In the case where a high risk transaction is identified, cardholders will immediately receive an SMS to verify their transaction. If the cardholder believes a fraudulent transaction has been committed, the bank can be notified to block further activity.

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First Global Mobile Fraud Detection Solution Launched

mBlox, a mobile messaging transmission and billing specialist, has teamed with MasterCard to launch the first global fraud detection
and alerting system using SMS. The product integrates mBlox’s mobile messaging service with MasterCard’s “Aristion” fraud prevention tool and will be offered first in Europe. Throughout 2005, MasterCard will be extending the service to Asia Pacific, SAMEA and later to North America. The product should start to impact consumers in the latter half of 2005. Cardholders will have easy access to the solution after a simple registration process. In the case where a high risk transaction is identified, cardholders will immediately receive an SMS to verify their transaction. If the cardholder believes a fraudulent transaction has been committed, the bank can be notified to block further activity.

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SIMTEL Deploys ACI’s BASE24-es

SIMTEL, an organization created by the Rwandan government to modernize the country’s national payments network, has deployed ACI’s “BASE24-es” to drive its core payments network, and ACI’s “Card Management System” for the management of card accounts and
personalization. ACI Card Management System software will enable the issuing and acquiring of debit cards. Most importantly, the payments network will reduce the amount of cash in circulation in Rwanda, a primary concern of the Rwandan government. Rwanda’s new payments infrastructure will initially support national VISA debit cards. A second phase will introduce the acceptance of international credit cards to help bolster a previously cash-only revenue stream from foreign visitors. It will also enhance the national card scheme and enable the use of pre-authorized debit cards, allowing the system to be used in environments where online authorization is not always possible. SIMTEL is owned by the National Bank of Rwanda and all six licensed
commercial banks in Rwanda, as well as the Savings, Union Bank and the
Post Office.

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Wincor Nixdorf Rolls-Out StoreForward

Wincor Nixdorf has unveiled “StoreForward,” a comprehensive product suite for the retail industry, in conjunction with Sun Microsystems. StoreForward combines Wincor Nixdorf’s vision of in-store systems functionality, software, hardware, and service offerings with Sun Microsystems’ reliable network computing infrastructure to offer a fully integrated, end-to-end solution for retailers. Wincor Nixdorf is one of the world’s leading suppliers of IT solutions to the retail and banking industries. The company’s extensive portfolio, consisting of hardware products, software, consulting, maintenance and other services, is aimed at reducing the cost and complexity of business processes while improving customer service.

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Tupperware Launches CreditPipe Service

CreditPipe announced that Tupperware Southern Africa can now accept credit card payments at its parties and showcases. The firm concluded an agreement with CreditPipe and service partner MTN to use Credit Pipe’s “MobileCredit,” a service that enables credit card payments to be processed securely via a cellular telephone. A pilot project kicked off and was concluded in September 2003 in which
seven of Tupperware’s 28 distributors were involved. Tupperware has a sales force of more than 34,000 people in South Africa, Swaziland, Mauritius, Zimbabwe and Botswana.

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Argosy’s Casinos Expand Certegy Card Contract

Certegy has extended and expanded its a multi-year agreement for credit card cash advance and point-of-sale debit services to all six of Argosy’s casinos in the midwestern and southern USA. Argosy Gaming Company is a leading owner and operator of casinos and related entertainment and hotel facilities in the midwestern and southern United States. Certegy (NYSE: CEY) provides credit and debit processing, check risk management and check cashing services, merchant processing and e-banking services to over 6,500 financial institutions, 117,000 retailers and 100 million consumers worldwide.

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Casual Male THINKBIG Guest Card Renews HSBC

HSBC – North America has renewed the private-label “THINKBIG Guest Card” credit card agreement of Casual Male Retail Group, the largest specialty retailer of men’s big and tall apparel. Cardholders may use their THINKBIG(R) Guest Card to make purchases in-store, online or via catalog, while benefiting from quick credit decisions, exclusive offers and a points-based rewards program — THINKBIG(R) REWARDS. Customers earn one point per dollar charged, and after accumulating 500 points, customers receive a $25 Rewards Certificate redeemable for merchandise. CMRG, the largest retailer of big and tall men’s apparel with retail operations throughout the United States, London, England and Canada. HSBC Retail Services is a leading issuer of private label (merchant branded) credit cards in the United States.

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