VA-based TNS reported that revenue for the second quarter increased 12.6% to $60.9 million from 2Q/03. Revenue from the Financial Services Division increased 19.7% to $6.2 million from second quarter 2003. During the quarter, TNS purchased two groups of assets from the bankrupt U.S. Wireless Data. The Company paid $6.1 million for the assets related to USWD’s Synapse platform and paid $3.7 million for the assets related to USWD’s vending operations. The Synapse assets enable wireless POS terminals to initiate transactions for mobile and other merchants, and the vending assets support cashless transactions at vending machines. The Company indicated it is negotiating a new contract with First Data but it now looks like FDC may not remain a significant domestic POS customer in 2005. For complete details on TNS’ monthly metrics and 2Q/04 performance visit CardData ([www.carddata.com]).