PROTON CARDS EXPAND

Proton World and the KBC Bank & Insurance Group,
one of Europe’s important financial groups, announced that they had
signed an agreement licensing KBC Bank to implement the Proton Prisma
multi-application smart card technology in a number of its associated banks
in Central and Eastern Europe. As a group, they opted for a single secure
chip card platform, i.e., the end-to-end high-security multi-application
system, Proton Prisma, developed by Proton World.

As a financial group, KBC is active outside Belgium through a network of
subsidiaries, associated companies, representative offices, and branches as
well as through a series of international partnerships. In an initial phase,
the agreement will involve CSOB Bank in the Czech Republic (with branches in
the Slovak Republic), Kereskedelmi es Hitelbank (K&H) in Hungary, and the
Poland-based Kredytbank, which also has branches in Lithuania and a
subsidiary in Ukraine. The agreement also provides for possible
implementations of Proton Prisma technology by other KBC associated
companies.

KBC’s associated companies will issue the Proton Prisma smart cards
primarily for use with EMV PLUS, Proton World’s credit/debit application.
They will start the project immediately after the agreement is signed in
order to be able to issue the first EMVPLUS credit/debit cards during 2002
as part of the banks’ EMV migration plan.

By opting for the high-security Proton Prisma technology, KBC’s affiliates
will expand the capabilities of their legacy card systems to incorporate the
strengths of the full end-to-end card management capacities of CALC (Card
Application Life Cycle Manager), MATRIX (Proton World’s multi-application
card management and personalization environment), and DFM (Data File
Manager, allowing flexible implementation of third party applications). The
agreement also covers the potential implementation of ASPIC, Proton World’s
improved PKI application.

Proton Prisma offers KBC Group a wide range of fully compatible card
profiles, ranging from its basic step-in card profile (BP) to the secure
post-issuance Java Card- multi-application high-end card profile (Dynamic
Profile or DP). Moreover, Proton Prisma guarantees its customers full
application interoperability and an independent choice of card
manufacturers.

“KBC was involved in the launch of the Belgian e-purse, the first
application of Proton, as far back as 1995. We are pleased that our
long-standing relationship with KBC Bank has resulted in KBC’s endorsement
of the flexibility, security and comprehensiveness of Proton Prisma, the
second generation of Proton technology, at a time when its affiliates are
deciding on their chip card migration programme,” says Armand Linkens, CEO
of Proton World and ERG Group Managing Director for the EMEA region. “Proton
World’s continued dedication to research has kept it at the leading edge of
secure smart card application development, safeguarding the smart card
investments of KBC Bank, its affiliates and customers.”

Herman Agneessens, KBC:

“By choosing Proton Prisma as the common chip card platform for KBC’s
international retail banking approach, we will be able to migrate to EMV in
a cost efficient way. Not only will the joint purchasing of cards cut costs
for KBC on the short term, it may also lead to permanent cost reductions by
means of common IT card-related development for all banks in the KBC Group.”
Mr. Pavel Kavánek, Chief Executive Officer of CSOB Bank, Mr. Tibor Rejto,
Chief Executive Officer of K&H Bank, and Mr Stanislaw Pacuk, President of
Kredyt Bank, were present yesterday at KBC’s Belgian offices to sign the
contract.

Pavel Kavánek, Chief Executive Officer, CSOB:

“CSOB hopes that this agreement will be a signal for other banks in Central
Europe to opt for Proton Prisma technology for their chip card platform, so
that card-personalization and processing efficiency in the Central European
card market can be enhanced.”

Stanislaw Pacuk, President, Kredyt Bank:

“The KBC Group’s invaluable experience with chip cards and Proton World’s
knowledge make us confident that Kredyt Bank’s migration from the existing
card programs to EMV will run smoothly, especially since the chip card
market in Poland is developing successfully.”

Tibor Rejto, Chief Executive Officer, Kereskedelmi es Hitelbank:
“Thanks to the Proton Prisma platform, K&H can combine its innovativeness in
the field of card programs with the benefits of the standardized card
approach of the KBC Group.”

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FCNB Ratings

Standard & Poor’s announced this morning it has placed First Consumers National Bank’s credit card-backed securities on CreditWatch with negative implications. Last month, The Spiegel Group, FCNB’s parent, confirmed it is looking to unload its credit card business following rapid deterioration and a significant earnings shortfall in FCNB’s sub-prime credit card portfolio. During the past two years, the underlying pool of FCNB credit card receivables has experienced decreasing yield and payment rates and increasing delinquency and chargeoff rates. As of the February reporting period, the total delinquency rate was at 14.29%, which is 572 basis points higher than January 2000’s delinquency rate of 8.57%. Concurrently, the gross chargeoff rate has increased to its current level of 18.20%, up from 11.90% in January 2000. At the same time, the yield on the portfolio has declined steadily during the same time period, averaging approximately 30% during the past year. This decreasing yield, combined with a relatively static base rate and an increasing chargeoff rate, has negatively affected spread rates, causing it to fall dramatically from its high of 20.60% in July 1999 to its current rate of 5.17% in February 2002. Lastly, the total payment rate displayed by the master trust has also displayed dissipating trends, falling steadily to its current rate of 11.07% from 17.92% in March 1999. The Spiegel Group reported a total loss from discontinued operations of $396.3 million in the fourth quarter, which primarily consists of a $310.5 million anticipated loss on the sale of the credit card portfolio. At year-end 2001, FCNB had $1,269,428,449 in credit card outstandings and 1,073,499 active accounts, according to CardData ([www.carddata.com][1]). (CF Library 2/22/02)

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

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EDS CONTRACTS

EDS announced business agreements valued at US$1 billion with public and private
sector clients in Europe and the U.S.

Highlights of today’s announcements, terms of which were not disclosed,
include:

— UK Post Office has awarded EDS a major eight-year contract to provide
a full spectrum of business process outsourcing services to help
transform the way UK citizens receive government benefit payments.
EDS will provide electronic benefits transfer, customer relationship
management, and application processing services to help the company
meet a UK government plan to issue payments electronically rather than
via paper. (See separate release.)

— A multi-year agreement with ABN AMRO Bank to provide a full range of
services including application hosting, data processing, and back
office processing for the Amsterdam-based financial institution’s
operations in India.

— A five-year IT outsourcing extension with OK Q8, Sweden’s leading
petroleum company with a network of 1,000 petroleum stations
countrywide. Under terms of the extension, EDS continues to assume
responsibility for all of OK Q8’s IT operations, including system
development.

— One-year budget approval from the U.S. federal government for
continued Medicare Part B claims processing services provided by EDS
subsidiary NHIC. NHIC has the Medicare contract, which is renewed and
funded annually based on performance.

About EDS

EDS, the leading global services company, provides strategy,
implementation and hosting for clients managing the business and technology
complexities of the digital economy. EDS brings together the world’s best
technologies to address critical client business imperatives. It helps
clients eliminate boundaries, collaborate in new ways, establish their
customers’ trust and continuously seek improvement. EDS, with its management-
consulting subsidiary, A.T. Kearney, serves the world’s leading companies and
governments in 60 countries. EDS reported revenues of $21.5 billion in 2001.
The company’s stock is traded on the New York Stock Exchange and the London
Stock Exchange. Learn more at http://www.eds.com .

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Certegy VbV

Certegy Inc., announced it is implementing the Visa Payer Authentication service “Verified by Visa.” Certegy will make the Verified by Visa service available on March 29th to its 6,000 domestic Visa issuing financial institutions that service more than 13 million Visa card accounts. Certegy will later deploy the service to its issuers worldwide.

Certegy’s strategy is to offer a comprehensive suite of state-of-the-art payment authentication and security services to further instill confidence in their clients and their clients’ customers in the integrity of the online payment process. Visa Payer Authentication is the basis for Verified by Visa, an Internet payment authentication service designed to increase consumer and merchant confidence in e-commerce by reducing fraudulent Internet transactions.

In a partnership with Arcot Systems, Inc., Certegy is employing Arcot’s 3-D Secure-compliant TransFort solution as the managed hosting service to support Verified by Visa, providing merchants with the ability to initiate the authentication of an online Visa transaction, resulting in lower transaction costs and offering protection from fraud losses.

Arcot TransFort has been recognized as fully compliant with the 3-D Secure interoperability standard by the Visa Interoperability Lab, and has been adopted by more than 20 banks around the world.

“Arcot was the clear choice because of their leadership in delivering solutions for Verified by Visa. They were instrumental in developing the 3-D Secure protocol,” said Vince Pavese, senior vice president and general manager, Certegy Card Services North America. “For our issuers, this service decreases chargeback liability while instilling greater confidence in a secure Internet payment system for cardholders. The result is a more loyal cardholder and more active online shopper,” concluded Pavese.

“We are very pleased Certegy, a global leader in the payment processing market, has selected Arcot to deliver Verified by Visa to their customers,” said Chet Silvestri, president and CEO of Arcot Systems. “Our proven, fully compliant Visa Authenticated Payment service will allow Certegy’s thousands of issuers to quickly and affordably offer this valuable service to their cardholders.”

About Certegy

Certegy (NYSE:CEY) provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to over 6,000 financial institutions, 175,000 retailers and 140 million consumers worldwide. Headquartered in Alpharetta, Georgia, Certegy maintains a strong global presence with operations in the United States, Canada, United Kingdom, Ireland, France, Chile, Brazil, Australia and New Zealand. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, credit risk management solutions and integrated customer support programs which facilitate the exchange of business and consumer payments. Certegy generated $851 million in revenue in 2001. For more information on Certegy, please visit [www.certegy.com][1].

About Arcot TransFort

Arcot TransFort strongly authenticates and digitally signs transactions in real-time, providing for the secure, non-repudiation of online payments. Scalable to hundreds of millions of transactions, Arcot TransFort allows companies to grow the volume and value of their online transactions and provide their customers with an added level of confidence and security in the business relationship.

Arcot TransFort is a multi-platform solution capable of authenticating transactions across Web, Virtual Private Network (VPN), and wireless environments. In addition, Arcot TransFort can comply with a variety of business rules or procedures that govern online payments and support multiple authentication methods including username/password (pass-code), physical smart cards (or “chip cards”), and the ArcotIDTM Software Smart Card.

About Arcot

Arcot Systems, Inc., is the leading provider of authentication and access control solutions for securing e-business in Internet-scale, transactional and wireless environments. Only Arcot provides cost-effective, scalable, software solutions based on the ArcotID™ Software Smart Card for strongly authenticating users and transactions for payment systems, Web-based email, Web portals and virtual private networks. Arcot solutions meet the business need for strong transactional security while providing the customer a user-friendly experience with anytime, anywhere convenience. Leaders in financial services, healthcare, and e-commerce are using Arcot solutions to protect their customers’ privacy and reduce fraud. For more information, visit [www.arcot.com][2].

[1]: http://www.certegy.com
[2]: http://www.arcot.com

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HIGH END SMART CARD

Atmel Corporation announced the availability of the first high-end smart card secure microcontroller based on Atmel’s new secure AVR architecture.

This new architecture forms the basis of the AT90SC19264RC, which is a high-performance 8-bit secure microcontroller based on the AVR enhanced RISC architecture. Its low power consumption also makes it compliant with mobile phone requirements. The AT90SC19264RC is the first member of a family of very secure processors that Atmel is developing, to provide heightened security for electronic finance, e-commerce, and m-commerce transactions. The rest of the family will be introduced over the next quarter’s end with the objective being to offer a set of products ranging from 2-Kbytes EEPROM up to 128-Kbytes all being software compatible to each other.

The AT90SC19264RC features outstanding on-chip highly compact ROM program memory of 192-Kbytes, together with its flexible 64-Kbyte EEPROM for data occupies less than 25 square millimeters and is suitable for cost-sensitive high volume smart cards production. This capability provides all that is necessary for high-end smart card applications where security, fast computation, and short time-to-market are required.

This wide memory space, the powerful RISC core, and a large RAM working memory (6-Kbytes), makes this product particularly suitable to reach and even exceed JavaCard expectations. The high security level provided by the numerous dedicated security features (RSA, DPA/SPA resistant DES/TDES co-processor, true Random Number Generator (RNG), firewalls, and environmental protections), is above the state-of-the art, and is about to be certified against the more demanding security rules designed for banking and government applications.

Lucien Brau, Atmel’s Smart Card IC’s Division Director said, “We are very proud to offer this new highly secured microcontroller. This is the first one based on our new secure AVR architecture, which is a definitive step forward on the smart card microcontroller market. Our customers can now benefit from all the advantages afforded by this technology, such as flexibility of use, very high performances, advanced security features, and short time-to-market, giving them a key leading position to develop further innovative applications.”

A complete set of development tools is available, and the first ROM codes are already accepted for bulk production. In addition, evaluation kits can be delivered under specific security procedure.

Typical high-volume pricing is $4.00 for 100K units.
Glossary
RSA Rivest Shamir Adelman
DPA Differential Power Analysis
SPA Simple Power Analysis
DES Data Encryption Standard
TDES Triple Data Encryption Standard

About Atmel

Founded in 1984, Atmel Corporation is headquartered in San Jose, California with manufacturing facilities in North America and Europe. Atmel designs, manufactures and markets worldwide, advanced logic, mixed-signal, non-volatile memory, and RF semiconductors. Atmel is also a leading provider of system-level integration semiconductor solutions using CMOS, BiCMOS, SiGe, and high-voltage BCDMOS process technologies.

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Givex IRIS

Givex Corporation and Progressive Software, the operating subsidiary of Tridex Corporation has announced an agreement to integrate Givex’s gift card and loyalty technology with IRIS (Intelligent Restaurant Information System), Progressive’s leading Windows®-based point-of-sale system.

Under this agreement, Progressive Software clients can conduct real-time gift card and loyalty transactions directly through IRIS, their in-store point-of-sale system, as well as other sales channels including websites, kiosks, catalogues, and telephones.

To date, North Carolina-based Progressive has more than 14,000 sites installed and according to Christopher Sebes, chief operating officer of Progressive, “a large percentage of our customers are looking for ways to leverage their POS infrastructure, increase sales, and operational efficiencies. These customers recognize gift card and loyalty programs are one of the most effective ways to do this and are looking for an integrated solution. Now, with Givex on our side, we can meet these requests.”

Progressive Software users conducting Givex gift card and loyalty programs will receive the following services from Givex:

a.. Card design and production b.. Real-time tracking and reporting c.. Secure reporting website d.. 24/7 customer support e.. Training

According to Don Gray, president and chief executive officer of Givex Corporation, “by integrating our technology with IRIS, Progressive customer’s can not only choose between a gift card or loyalty program but also a program that utilizes both features on a single card. It’s this kind of flexibility which both companies provide that makes this marriage of technology ideal.”

About Givex Corporation

Givex Corporation (www.givex.com) is North America’s premier gift card and loyalty solution provider for the retail and hospitality sectors. Givex seamlessly integrates point-of-sale devices – LAN-based registers, credit card terminals, kiosks and telephones – with the Internet to create a secure real-time transaction processing environment that works across all sales channels. Givex provides a variety of turnkey and custom gift card and loyalty programs that ensure every merchant’s unique set of needs are met. Patents are pending for the Givex technology in the United States and Canada.

About Progressive Software

Progressive Software ([www.progressivesoftware.com][1]) is a leading provider of application software and enterprise solutions for the specialized needs of the restaurant industry. The company provides a broad range of high-performance technology and services designed to optimize productivity and profitability. Progressive Software is the solution of choice for Jack In The Box, Starbucks, Steak’n Shake, Golden Corral, Boddie Noell (dba Hardee’s), Ryan’s Steak Houses and many others, and is currently installed in more than 14,000 restaurant and retail outlets in the United States, Canada, UK and the Far East.

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

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Elan Renewals

First United National Bank has renewed its contract with Elan Financial Services to provide a wide range of financial services for five years. Based in Fryburg, Penn., First United National Bank has $128 million in assets and provides debit card and ATM services through Elan. They have been with Elan since 1996.

Elan Financial Services also has renewed its contract with Workers’ Credit Union in Fitchburg, Mass., to provide a wide range of financial services for five years. Workers’ Credit Union, with $400 million in assets, has been with Elan since 1991. Elan Financial Services will drive Workers’ Credit Union’s 10 ATMs and process its customers’ Visa check card transactions and electronic funds transfer (EFT) transactions. Elan will also provide fraud management reporting and alerts through its FraudWatch product. FraudWatch detects fraud as the debit card transaction is occurring, thereby preventing financial loss to the institution and reducing cardholder disputes.

Elan Financial Services supports more than 10,000 ATMs, and 12 million cards, for 3,000 financial institutions with a complete range of products and services including credit card issuing, ATM, debit card, and merchant processing. Elan provides full-service support and management tools that are offered uniquely through a single source.

Elan is part of Minneapolis-based U.S. Bancorp (NYSE:USB). With assets in excess of $171 billion, U.S. Bancorp is the 8th largest financial services holding company in the United States and operates the third largest bank-owned ATM network. Visit U.S. Bancorp on the web at [usbank.com][1].

[1]: http://usbank.com

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Zebra & Fargo

Edward Kaplan, Chairman and Chief Executive Officer of Zebra Technologies Corporation (Nasdaq: ZBRA), expressed disappointment over termination of the acquisition of Fargo Electronics (Nasdaq: FRGO), as announced today, but reaffirmed optimism for Zebra’s long-term growth and profitability.

In addition, the company announced that it would expense costs related to the acquisition in the first quarter of 2002. “No doubt, we are disappointed that we did not complete the Fargo acquisition, which would have helped Zebra achieve its long-term growth objectives,” stated Mr. Kaplan. “Our associates worked exceptionally hard to bring this transaction to a successful conclusion. At the same time, Fargo was only one of many avenues for growth for Zebra, in card personalization systems, bar code label and receipt printing, and related areas. The depth and breadth of our product line, global presence and superb financial condition position Zebra for long-term success and support an organization dedicated to building stockholder value. Because of Zebra’s size and financial strength, Fargo was not a critical transaction for Zebra’s long-term health and growth potential.

“Mr. Kaplan continued, “Zebra is very well positioned to pursue its business plans. In card personalization systems, we intend to build on record sales in 2001 by continuing to introduce card printers incorporating new technologies that address a rapidly expanding array of high-growth applications in security, access control and personal identification. We also expect that further distribution channel development, both in the U.S. and abroad, will contribute to capturing growth opportunities in driver’s licenses, national ID cards, employee ID badges, and membership and loyalty cards, among others. “Zebra’s larger bar code label and receipt printing business is well positioned to capitalize on applications in high-growth vertical markets. Our products and technology will continue to deliver real value by enabling users to lower costs, improve productivity, deliver better customer service and strengthen safety and security. In 2002, we also plan to build on our investments to provide mobile printing solutions to European customers, as well as to expand our presence in Eastern Europe and other international territories. With our abundance of cash and investments, we continue to expect that acquisitions will remain an important component for Zebra’s growth. Taken all together, the growth prospects for Zebra remain high.”

For the first quarter of 2002, the company will expense approximately $3,300,000 of capitalized acquisition costs and other accrued acquisition expenses that would have been capitalized if the company completed the Fargo acquisition. The company expects to report 2002 first quarter financial results on April 19. For 2001, Zebra reported net sales net income before merger costs of $2.03 per diluted share on net sales of $450 million. At December 31, 2001, Zebra had shareholders’ equity of $445 million and total assets of $480 million, including $249 million in cash and investments. Zebra Technologies Corporation delivers innovative and reliable on-demand printing solutions to businesses and governments in more than 90 countries around the world. A broad range of applications benefit from Zebra(R)-brand thermal bar code label and receipt printers and Eltron(R)-brand plastic card printers, resulting in enhanced security, increased productivity, improved quality, lower costs and better customer service. The company, with an installed base of more than two million printers, also offers software, connectivity solutions and printing supplies. Information about Zebra Technologies can be found at

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E-Confidence

Yahoo! and ACNielsen reported this week that its Internet Confidence Index, a quarterly study designed to measure confidence levels in Internet products and services, dropped four points during the first quarter to 111, compared to the fourth quarter of 2001. The companies said it is normal for an Index such as this one to experience its first small decline. They note that the Internet Confidence Index is still well above the launch baseline of 100, which indicates that overall Internet confidence of the average consumer is still relatively high. This is further evidenced by more people intending to shop online. The study found that more than 40% of users manage some aspect of their personal finances online, while 26 percent intend to use the Web for tax research this year. These results provide evidence of a strong consumer demand for online personal financial services, and suggest a potential opportunity for e-commerce players in this space. The Internet Confidence Index’s dip during this wave of the study was prompted in part by heavy Internet users who expressed less confidence with the fulfillment process for online orders, relating specifically to customer service and the delivery of goods during the holiday season. Additionally, among all users, there was an increased concern over the security of credit card information and level of trust with how personal information is being used.

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S2 Board

S2 Systems Inc., a global provider of transaction processing, authorization, and integrated solutions for the banking, financial, retail, and travel sectors, announced the addition of Maurice (Maury) H. Hartigan II to its board of directors. Mr. Hartigan brings to S2 Systems more than 35 years of industry experience and a wide range of banking knowledge. He is now president and CEO of the Risk Management Association (RMA).

At RMA Hartigan is leading the only financial services association dedicated to promoting effective credit risk management practices in the industry, with a membership consisting of more than 3,000 commercial banks and financial organizations.

“Maury’s distinguished background greatly enhances the exemplary range of knowledge and experience retained by the S2 Systems board of directors,” said Stephen Clark, president and CEO of S2 Systems. “Along with other recent appointments, this important addition reflects S2’s strong commitment to acquire the senior level executive experience and leadership necessary to capitalize on our recent phenomenal success as well as spearhead a new phase of business growth for the company. We are delighted to have Maury join our board of directors.”

Prior to RMA, Hartigan held a number of prominent positions with Chemical Bank over a noteworthy career of 30 years, leading the institution’s most credit-intensive divisions. He has a thorough understanding of community bank issues as a result of his experience directing correspondent banking at Chemical in the early 1980s. Other leadership roles that Hartigan held at Chemical Bank included: senior vice president, Corporate Banking; senior vice president, Financial Services Division; executive vice president — head of International Division; chairman, Credit Policy Committee; and executive in charge — Chemical Realty Group.

“S2 Systems is in a unique position to build upon its consistent success in key market sectors,” said Hartigan. “I am excited to be a member of S2’s board of directors, particularly at this juncture. The company has a history of sound management, best business practices and exceptional financial performance. Best of all, S2 Systems has emerged against its competitors with a business model that ensures sustainable profitability and increased market share for open systems enterprise payment and transaction management solutions.”

The addition of Hartigan to S2 Systems’ board of directors marks a new chapter in the company’s history as S2 Systems repositions itself to meet soaring demand. Some of the noteworthy and recent customer wins of S2 Systems include a number of large bank groups, a major wireless communications provider, and several top ranking retail chains; long-standing customers include the leading travel industry service provider and the largest theme park in America. S2 Systems enjoys a global presence and solid customer base worldwide.

Hartigan holds a BA from Georgetown and an MBA from CCNY. He also attended the Advanced Management Program at Harvard University.

About S2 Systems

S2 Systems, Inc. is a leading global provider of mission-critical enterprise payment and transaction management solutions for the banking, financial services, retail and travel & hospitality industries. For more than 18 years, some of the world’s largest organizations have relied on S2 products to drive their high-volume e-commerce transactions. Today, our leading-edge technology enables businesses worldwide to implement Web-based initiatives that improve operational efficiency, enhance customer service and generate new revenue streams. S2 Systems is headquartered in Dallas and has offices in London, Paris, Amsterdam, Stockholm, Dubai, Riyadh, Johannesburg, Hong Kong, Beijing, Melbourne, and Sydney. For more information about S2 Systems, visit its web site at [www.s2systems.com][1].

[1]: http://www.s2systems.com

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Software Award

A Baltimore jury awarded a $276 million judgement against First Union/Wachovia this week after finding that the bank ripped off a Maryland man’s lending software. The jury awarded $76 million in compensatory damages and $200 million in punitive damages to Scott Steele. According to the Baltimore Sun, Steele Software Systems Corp., worked under contract for First Union and in 1997 implemented a computerized loan approval system. After naming Steele “Vendor of the Year” the bank allegedly covertly tried to find ways to terminate Steele’s contract. While Steele was still contracting with First Union, the bank formed a new company, called GreenLink, that employed many of the methods used in Steele’s system. Steele’s attorneys said the bank also refused to send hundreds of thousands of transactions to Steele’s company that he was entitled to process and get paid for. Snyder, Slutkin & Lodowski said GreenLink had projected that its profits over the next five years would be $2.4 billion—profit largely attributable to GreenLink’s use of Steele’s ideas and technology. Steele’s attorneys said the bank cut him out of at least 650,000 bank transactions that his company would have earned $80 a piece to process.

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Lucky Discover

The Discover Card is launching a national tour this weekend to promote shopping and a new sweepstakes. The Discover Card Shops America with Lucky Magazine will include a 12-city national tour and a chance to win a $5,000 “Shopping Spree.” Tour highlights include an information center, a “Style Station” featuring Sephora, Nine West, and GUESS?, and a VIP tent, where Discover cardholders can take a break to rejuvenate their spirits. Exclusive cardholder benefits at the VIP parlor include mini-makeovers, hair consultations, special discounts and other merchandise. Cardholders can also enter a national sweepstakes for a chance to win a $5,000 pre-loaded Discover Card and a trip to New York City for a shopping spree with a Lucky magazine editor. The tour will begin in Los Angeles tomorrow. Lucky Magazine is a publication solely devoted to shopping.

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