Cap One Training Rank

For the second year in a row, Capital One Financial Corporation ranked as one of the best companies in America for training and developing its employees according to Training magazine’s listing of the Training Top 100. Capital One ranked second this year after topping the list in 2001. This honor comes on the heels of Capital One’s fourth consecutive year in Fortune’s listing of the “100 Best Companies to Work for in America.”

“In large measure, we owe our success at Capital One to our ability to hire talented people, give them challenging work in an entrepreneurial environment, and constantly push them to reach beyond their limits,” said Dennis Liberson, Executive Vice President for Human Resources.

The Training Top 100 ranks companies according to their level of investment in workforce development. The ranking is determined by assessing a range of qualitative and quantitative data including financial investment in employee development, the type and scope of training and development programs provided to employees, the quality of these programs and how closely such development efforts are linked to business goals and objectives.

“Even in these less-than-stellar economic times, Capital One is among those select companies that has raised the bar with its training initiatives,” said Tammy Galvin, executive editor of Training magazine. “Capital One has embraced training and workforce development as a mission-critical strategy, and accordingly, has dedicated significant resources to its training efforts.”

Capital One employs more than 20,000 associates worldwide. Among the programs that differentiate the company from other employers are the associate selection process; a number of ongoing training and development courses; outstanding benefits, including three weeks vacation; and performance-driven entrepreneurial compensation.

Capital One has operations in Richmond, Fredericksburg and Falls Church, Virginia; Dallas, Fort Worth and Plano, Texas; Tampa, Florida; Federal Way, Washington; Boise, Idaho; San Francisco, California; and Boston, Massachusetts; as well as London and Nottingham, United Kingdom and Paris, France.

Headquartered in Falls Church, Virginia, Capital One Financial Corporation ([][1]) is a holding company whose principal subsidiaries, Capital One Bank and Capital One, F.S.B., offer consumer lending products. Capital One’s subsidiaries collectively had 43.8 million customers and $45.3 billion in managed loans outstanding as of December 31, 2001. Capital One, a Fortune 500 company, is one of the largest providers of MasterCard and Visa credit cards in the world. Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 500 index.



Priceless Edge

MasterCard International has created a cutting-edge internship program, “Priceless Edge,” designed to give college students the chance for real-life work experience in the highly competitive music industry. The internship promotion, open to college students 18-25, will feature the opportunity to be selected for an industry-specific curriculum and real-world experiences for select candidates. MasterCard has aligned with Fearless Entertainment on the 2002 “Priceless Edge” program to create an entertainment business-based curriculum, featuring an internship with the production company’s “Music In High Places” series, which airs on MTV and DirecTV.

Select candidates will have the opportunity to work at the Music In High Places production office in Los Angeles in several disciplines, including production, business affairs, artist relations and management. Interns will focus on a specific production of “Music In High Places” and travel with the production team to the taping of the episode, scheduled for Yellowstone National Park.

“The youth market segment is an important audience for MasterCard, because we see it as the first opportunity to develop a life-long relationship with our brand,” said Larry Flanagan, chief marketing officer, MasterCard. “The values of these young consumers fits right in line with those of the MasterCard brand. They work hard to establish themselves and with ‘Priceless Edge,’ we can provide them with an opportunity to win a real-life experience that can put them on the road to establishing a solid career, and ultimately, financial independence.”

From March 1 to April 23, students can go to and click on the “Priceless Edge” icon to participate in the first phase of the program, an optional online distance-learning course developed in conjunction with the Grammy Foundation and the Leonard Bernstein Center for Learning. As part of the online offering, students will have the opportunity to apply for the “Priceless Edge” program by completing an online essay question.

At the conclusion of the entry period, a panel will select 50 eligible students for Phase II of the program: a five-week course on business entertainment held at Vanderbilt and Belmont Universities (homes of the prestigious Blair School of Music and Mike Curb School of Music Business, respectively) in Nashville, TN. Course instructors will review all facets of the entertainment industry, including business affairs, production, A&R, entertainment law, etc. Students will receive a free tuition, as well as all transportation, room and board and classroom costs.

Following the five-week course, the ‘hands-on’ phase of the program begins as a panel of instructors will select 12 of the students to participate in the on-site Fearless Entertainment internship program, based in Los Angeles. This two-week, real-world work experience will begin in early August and culminate with the live production of “Music In High Places” at Yellowstone.

“This is a particularly challenging time for college students — economic uncertainty has magnified the obstacles students face as they take steps to start their careers,” said Larry Lieberman, president, Fearless Entertainment. “MasterCard has taken the initiative with ‘Priceless Edge’ to help some of the most creative and motivated students take those first steps in the business of entertainment.”

Marketing Support

MasterCard will roll-out an extensive integrated marketing campaign to support “Priceless Edge.” Among the components will be:

— A :30 TV ad, scheduled to debut during the February 27th CBS telecast of the Grammy Awards

— Print and radio advertising

— A dedicated “Priceless Edge” web page, accessed via Online banner advertising

— Grass-roots local advertising

— Student-focused public relations campaign

“We wanted to create a program that was both meaningful and relevant to college students, creating an environment where our brand can not only interact with our audience but can impact their lives,” said Flanagan. “‘Priceless Edge’ is all about empowerment. This unique learning experience can provide ‘real-world’ opportunities for students to gain practical knowledge in their specific field of interest. Fearless Entertainment provides the ideal program venue for students wanting to gain actual value from their internships. They’ll be on the front lines, doing and learning.”

About Music In High Places and Fearless Entertainment

Music in High Places is an international television and Internet series that bridges the new Millennium — bringing top recording artists to the most ancient sites on Earth, marrying great music and adventure with the wonders of lost civilizations. The show is designed to be the ultimate music and travel adventure, a “National Geographic Explorer for the MTV & VH1 generations” — capturing each artist’s unique journey to these rarely seen areas of the world with acoustic performances at each site. Music in High Places is and Earth Escapes Production. Contact: Larry Lieberman, Fearless Entertainment, 212/475-7551,

About MasterCard

MasterCard International has a comprehensive portfolio of well-known, widely accepted payment brands including MasterCard, Cirrus and Maestro. More than 1.7 billion MasterCard, Cirrus and Maestro logos are present on credit, charge and debit cards in circulation today. An association comprised of more than 20,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. MasterCard is a leader in quality and innovation, offering a wide range of payment solutions in the virtual and traditional worlds. MasterCard’s award-winning Priceless advertising campaign is now seen in 80 countries and in 40 languages, giving the MasterCard brand a truly global reach and scope. With more than 22 million acceptance locations, no card is accepted in more places and by more merchants than the MasterCard Card. At September 30, 2001, gross dollar volume exceeded US$704 billion. MasterCard can be reached through its World Wide Web site at [][1].




Worldwide, Inc., a leading provider of secure electronic
financial transaction solutions, and Deutsche Bank 24 S.A have agreed to a
second five-year contract for ATM outsourcing to manage the bank’s entire
network in Poland. Under terms of the agreement, Euronet will provide all ATM
driving, transaction routing, settlement/reporting and card management tasks
for the bank’s in-branch and off-premise ATMs.

This new multiyear agreement continues to provide Deutsche Bank 24 customers
with access to Euronet’s network of 430 ATMs in Poland. Deutsche Bank 24 also
expanded the scope of the services, providing its customers with value-added
transactions at each ATM, including bill payment solutions and prepaid airtime
recharge from all three mobile operators in Poland – Plus GSM, ERA GSM and

“This market demands a modern financial services provider offering multiple
banking channels and a customer-oriented combination of products, services and
expert advice,” said Dr. Friedhelm Herb, President of the Board and CEO at
Deutsche Bank 24 S.A. “Our customers want integrated solutions and freedom of
choice in their banking as well as access to branch-based, mobile and online
services. Our ongoing relationship with Euronet, therefore, is integral to
expanding our customers’ ability to choose as we introduce bill pay and other
new services to Poland.”

Launched in Poland last July, Deutsche Bank 24 S.A. currently provides
to a large number of personal banking customers, as well as small and
medium-sized companies. Euronet already outsources card services for Deutsche
Bank 24 S.A., managing the daily issuance of debit and charge card
transactions, providing the bank with a gateway to the Visa network, as
well as
communication with local card organizations such as Polcard.

“We’re honored to support Deutsche Bank 24 S.A.’s growth as an integrated
financial services provider, as they empower their customers with new
electronic bill payment capabilities,” said Daniel R. Henry, Euronet Worldwide
President and Chief Operating Officer. “Poland is a growing market with
enormous potential, where an increasing number of institutions are choosing to
outsource the management of their ATM networks. Since introducing our ATM
network to Poland in 1995, we have become the leading provider of secure
financial transaction solutions in the country.”

About Euronet Worldwide

Euronet Worldwide is an industry leader in providing secure electronic
financial transaction solutions. The company offers financial payment
middleware, financial network gateways, outsourcing and consulting services to
financial institutions and mobile operators. These solutions enable their
customers to access personal financial information and perform secure
transactions – any time, any place. The company has processing centers located
in Europe, Asia and the United States, and it owns and operates the largest
independent ATM network in Europe. With corporate headquarters in Leawood,
Kansas, USA, and European headquarters in Budapest, Hungary, Euronet serves
more than 200 clients in 60 countries. Visit our Web site at

About Deutsche Bank 24 S.A.

Deutsche Bank 24 S.A., formerly known as BWR (Bank Wspolpracy Regionalnej),
currently has more than 40 outlets in Poland. Deutsche Bank Group provides
banking services to over 12 million personal banking customers in Germany,
Italy, Spain, Portugal, Belgium and Poland under the Deutsche Bank 24 brand
name and business model.


Instant Redemption

Vancouver-based Ernex Marketing has launched ‘Real-Time Redemption’, a new capability that enables credit cardholders to instantly redeem their credit card points for rewards at any participating merchant point-of-sale. The solution is used in tandem with Ernex’s ‘Loyalty Database Hosting’ service, an integrated real-time points management system. Earlier this month, RBC Royal Bank became the first credit card issuer to pilot this capability for select ‘Royal Bank VISA Classic II’ cardholders in four cities in Ontario: Cambridge, Guelph, Kitchener and Waterloo. RBC cardholders are now able to redeem their ‘Classic II’ points in real-time at 12 participating Home Hardware locations and 13 RadioShack Canada locations during the five-month pilot program. The pilot targets approximately 5500 ‘Classic II’ cardholders in the Ontario region through a direct mail campaign. For the ‘Classic II’ pilot, Ernex-enabled devices – Moneris Solutions’ SmartSelect and Transelect systems provide the connectivity at the point-of-sale for Home Hardware and RadioShack locations.


Wal-Mart Risk Management

NJ-based Retail Decisions said this morning that has selected ‘ebitGuard’ for global e-commerce fraud detection. ‘ebitGuard’ incorporates neural technology, with a number of other sophisticated processes, databases and CNP experience. The company currently protects nearly 10,000 retail sites globally. In 2000, Retail Decisions processed more than 1.25 billion card transactions, stopping an estimated $113 million in fraudulent purchases. The company has more than 16 years of card fraud prevention experience.


Distribution Card

Europay International yesterday launched the ‘Eurocard-MasterCard Distribution Card’, a B2B for distributors and retailers. The ‘Distribution Card’ is issued to the retailer by the distributor in association with the bank. The new card simplifies the collection of low-value frequent payments, and provides payment guarantees. The card also provides a platform to build loyalty schemes and special offers. The card was recently rolled-out in Turkey as the ‘Ortak Kart’ by Garanti Bank. The bank say it is aiming to issue 10,000 ‘Ortak’ cards by the end of this, with a US$6 million in volume.


Rapid Rewards Adds Partner

Internet service provider EarthLink joins the list of preferred partners Southwest Airlines frequent flyers can use to earn credits as part of the carrier’s 15th Anniversary of the Rapid Rewards program.

In January, Southwest announced the extension of the double credit offer on for travel purchased and flown before Dec. 31, 2002. The promotion makes it possible for Rapid Rewards members to earn a free ticket after just four roundtrip purchases on Southwest’s web site, [][1]. Rapid Rewards also unveiled a new look for the member card and announced wireless provider Nextel as a new partner.

“With our long-time local and long-distance partner MCI, the recent addition of Nextel for cellular, and now our new Internet provider and partner, EarthLink, we are meeting all our members’ telecommunications needs,” said Debra Benton, Southwest’s director of loyalty marketing. “As an industry leader in Internet access, EarthLink is the natural choice to complete our telecommunications offerings to our Customers.”

Rapid Rewards members who sign up for EarthLink services beginning today will receive four credits; a member who signs up for all three telecommunications services (MCI, Nextel, and EarthLink) would earn 10 credits. For more information on the EarthLink offer, go to [][2].

“We are pleased to team with Southwest Airlines in offering Southwest Customers credits when they sign up for EarthLink service,” says John Kortier, EarthLink’s vice president of channel sales. “Because Southwest Customers are constantly on-the-go — and they need an Internet service that can keep up with them — EarthLink is an ideal Internet service provider for them to use wherever they are, through the access device of their choosing.”

EarthLink joins other preferred partners: Southwest’s own First USA Rapid Rewards VISA card, Alamo, American Express, Budget, Diners Club, Dollar, Hertz, Hilton, Hyatt, Marriott, Nextel and MCI as ways to earn credits in the Rapid Rewards program.

How the program works: Southwest Airlines Rapid Rewards members earn credits by flying or doing business with the program’s preferred partners. A roundtrip equals two credits (one-way ticket equals one). Members must fly eight roundtrips or earn 16 credits in a 12-month period to receive an award ticket. Once the ticket is earned, then the ticket is automatically sent to the Customer — free travel fast with no hassle. Plus, Southwest allows the member to transfer the award ticket to anyone with no additional paperwork!

Additionally, Southwest offers members who fly 50 roundtrips (or earn 100 credits) within 12 months a Companion Pass, which allows a member to designate a traveler to fly with him/her for 12 months free of charge. Again, with double credit for booking online, it would take only 25 roundtrips! Based on the average Southwest Airlines trip length of 600 miles, it takes just 9,600 miles to earn a free ticket on Southwest. It takes an average of 25,000 or more miles to earn a free domestic ticket on other airlines. Travelers feeling pinched by hard-to-get frequent flyer award seats on the nation’s airlines have overwhelmingly referred to Southwest Airlines’ Rapid Rewards program as the most generous in its offerings to busy travelers.

“Southwest, unlike any other program in the industry, has no capacity controls in its frequent flyer program,” said Susan Kirkelie, senior director of marketing programs. “That means, other than limited blackout dates, a member can redeem an award ticket for a seat on any flight as long as there is a seat — no waiting six months or dealing with limited seats.”

The easy-to-use Rapid Rewards program also has been recognized by InsideFlyer magazine as giving its members great Customer Service, outstanding bonus promotions, and incredible redemption. The airline has won seven “Freddie Awards” by InsideFlyer and been given high marks for many program elements. The Rapid Rewards program in 2001 walked away with Freddie Awards for Best Bonus Promotion (for its online double credit offer) and for Best Award Redemption (a winner three out of three times). It also received second place in the Best Web Site, Best Customer Service, and Program of the Year categories.

Southwest (NYSE: LUV) is the nation’s fourth largest carrier in terms of Customers boarded. The airline currently operations nearly 2,700 daily flights to 59 airports in 58 cities in 30 states. Southwest employs more than 33,000 people nationwide.



CIM K10 Printer

CIM launched the industry’s smallest and most affordable plastic card thermal printer. The new K10 measures only 6.30” High by 7.28” Wide, smaller than the average laptop computer. To cater to an even wider market, CIM takes card printing one step further by offering a dual purpose machine, one that not only prints on plastic cards, but also on paper (using special ribbon). This dual mode feature enables a business to save space, time, and money by using only one personalization system.

The K10 prints monochrome text, logos, and barcodes: a speed of only 6 seconds per card, as well as graphic quality with 300 DPI resolution, makes the new thermal printer ideal for the instant personalization of access control cards, Id cards, business cards, visitor badges, membership cards, and more.

According to CIM USA’s Executive Vice President, Mads Petersen, “The K10 makes standard size thermal card printers a thing of the past and introduces to the market, a new generation of very compact, yet innovative and powerful desktop card printers. As capacity and speed of information technology increase, so does the need for instant card issuance and affordability. The card personalization industry must develop new products to accommodate this need; at CIM, we are doing just that.”

About CIM S.p.A

CIM is a leading and innovative manufacturer of card printers and embossing products. Established almost 20 years ago, CIM has a worldwide presence with subsidiaries covering the Asia/Pacific region, and since 1999 is covering the Americas through its subsidiary CIM USA Inc located in Miami, Florida. By providing the widest range of plastic card and metal plate personalization equipment available in the industry, CIM now has the most intelligent, flexible, and user-friendly technology for all types of market segments: financial institutions, hospitals, casinos, government agencies, card manufacturers/service bureaus, retailers, etc.


PayPal Lawsuits

Less than seven trading days after hitting “The Street”, PayPal’s stock plunged below its IPO offered price yesterday. The company is facing yet another lawsuit, this one coming from consumers. PayPal’s stock, which was priced at $13 per share on Feb. 15, briefly hit $12 per share yesterday, but closed at $13.35 per share. On its first day of trading, Feb. 16, the stock opened at $15.41 a share and hit a high of $22.44 on volume of 9 million shares. The company’s IPO was delayed after a rival firm filed a patent infringement lawsuit. Now, the infamous law firm of Jacoby & Meyers has filed a consumer lawsuit in Superior Court in Santa Clara County, California seeking class action status. The lawsuit contends that PayPal freezes customer accounts without clear guidelines and has very poor customer service to enable customers to remove holds on accounts. News of the lawsuit has reportedly flooded the law firm and “angry consumer” Web sites. Yesterday Jacoby & Meyers asked the court for an emergency order directing Web site operators to refrain from suggesting any affiliation with the class action lawsuit. The law firm says some Web sites are charging for information about the lawsuit and other sites are collecting information from angry PayPal customers. PayPal grew from 10,000 users to 12.8 million customers in a little more than two years. (CF Library 10/2/01; 11/16/01; 2/6/02; 2/8/02; 2/15/02; 2/19/02)



Liberate Technologies, the premier provider of open software
platforms for digital television, today announced groundbreaking new content
and services available on Liberate TV Platform software to Optus iTV
trial subscribers in Sydney.

Optus has partnered with leading studios such as Columbia TriStar, credit
card company MasterCard, games developer Two Way TV, and design studio TVMates
to offer a range of innovative new services to participants in their iTV
trials in Australia. Optus selected the Liberate TV Platform(TM) software
suite to deliver the services over its hybrid fibre coaxial networks.

“Liberate is the leader in new digital television services for cable
networks around the world,” said Don Fitzpatrick, executive vice president of
sales and services for Liberate Technologies. “Our platform has proven its
ability to scale in Europe, North America and now Australia to give network
operators flexibility in offering new services to help them lower churn, lower
costs and increase revenues.”

Martin Dalgleish, Acting Manager Director of Optus Consumer & Multimedia,
said: “Our partnership with Liberate is providing us with a valuable insight
into how digital interactive television may be successful in Australia. NVOD,
music, children’s content and other services such as games are proven drivers
of appeal for the Optus iTV trial service.”

Columbia TriStar

In a first for the Australian pay television industry, Columbia TriStar is
one of the studios delivering features for the near-video-on-demand (NVOD)
channels. Movie titles available include first run releases such as Crouching
Tiger, Hidden Dragon as well as classic Columbia features such as Lawrence of
Arabia. The digital service includes the capacity to view the features in true
16 x 9 format on wide screen television sets.


During the Australian summer, Optus offered a direct response advertising
campaign with MasterCard International that offered viewers in the trial an
escape to a dream vacation. MasterCard cardholders who registered their
MasterCard purchases got the opportunity to win a week on Daydream Island with
nine friends plus weekly chances to win weekend getaways to a tropical
location. Through synchronized broadcasting technology, viewers who clicked on
a button during a MasterCard commercial were taken directly to a MasterCard
web site to register for the promotion.

Two Way TV

For interactive games, Optus is offering on-demand games available
24 hours a day, including popular Two Way TV titles such as Minefield and Two
Way Triv. Optus aims to duplicate the success of games offered to subscribers
in the United Kingdom where players spend on average 80 minutes playing four
to five games a day, and 66 percent of first time players return to play


TVMates, an interactive television matchmaking service has proven
passionately compatible with Optus viewers looking to make love connections
through their television. The company boasts a database of more than
800,000 singles worldwide with a subscription growth rate of 4,000 a day.
Viewers search the database of members to find a match and they can then
choose to send an email to connect.

As part of its ongoing commitment to enable great interactive content,
Liberate continues to work with Optus and Australia’s content and application
partners to create new services that deliver entertainment to the viewers and
economic returns to the iTV community.

About Optus

Optus is an Australian leader in integrated communications — serving more
than five million customers. The company provides a broad range of
communications services including mobile, national and long distance services,
local telephony, international telephony, business network services, internet
and satellite services and pay television.

About Liberate Technologies

Liberate Technologies is the premier provider of open platforms for
delivering enhanced content and services to television viewers around the
world. Liberate’s software, based on Internet and broadcasting standards, is
an infrastructure platform supporting digital consumer services delivered by
cable, satellite and telecommunications companies. Liberate’s PopTV(TM)
program, with more than 2,600 registered members in 50 countries, is the
largest partner program in the interactive television industry. Headquartered
in San Carlos, California, the company has sales offices in the U.S.,
Australia, Canada, Japan, and the U.K.


NPC Signs Long John Silver’s

National Processing Company, a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. announced the signing of a multi-year merchant processing agreement with Long John Silver’s Restaurants Inc. Long John Silver’s has been successfully piloting credit and debit card processing solutions with NPC and has now rolled out the service to corporate owned stores – many accepting credit and debit card payments for the first time.

Long John Silver’s is America’s largest quick-service seafood chain with more than 1,220 units worldwide. The first Long John Silver’s Fish ‘n’ Chips opened in 1969 in response to growing consumer demand for quick-service seafood. Long John Silver’s goal to provide each guest great tasting, reasonably priced fish, chicken and seafood, in a fast and friendly manner, on every visit ensures Long John Silver’s position as a leader in the quick- service seafood market.

“We are delighted to be rolling out credit and debit card processing to all Long John Silver’s corporate owned locations,” said Drew Soinski, senior vice president of Travel and Entertainment for NPC. “Our pilot with Long John Silver’s was very successful – resulting in a strong, competitive advantage for those locations accepting card payments. Our investment in technologies and processes for the quick service industry makes card acceptance affordable and convenient for virtually any merchant.”

“Again, NPC is pleased to be providing merchant processing solutions for another giant in the quick service restaurant business,” said Mark D. Pyke, chief operating officer for NPC. “This is a big step for Long John Silver’s to invest in credit and debit card acceptance for the first time in many of its locations. NPC will continue to focus our efforts on expanding products and services to new markets where card payments have not been traditionally accepted.”

Kevin Armstrong, president of Long John Silver’s Restaurants Inc. stated, “We are excited about offering our customers a fast, convenient and secure method of payment at our corporate-owned locations.” This is right in line with our promise to provide every guest great tasting, reasonably priced fish, chicken and seafood in a fast friendly manner.”

About Long John Silver’s

Headquartered in Lexington, Kentucky, Long John Silver’s merged with A & W Restaurants in 1999, under the ownership of Yorkshire Global Restaurants. The combined companies operate more than 2,270 restaurants in 47 states and 22 countries with combined sales in excess of $1.1 billion.

About National Processing, Inc.

National Processing, Inc. through its wholly owned operating subsidiary, National Processing Company (NPC(R)) is a leading provider of merchant credit card processing. National Processing is 86 percent owned by National City Corporation (NYSE: NCC) ( [][1] ), a Cleveland based $106 billion financial holding company. NPC supports over 600,000 merchant locations, representing nearly one out of every five Visa(R) and MasterCard(R) transactions processed nationally. NPC’s card processing solutions offer superior levels of service and performance and assist merchants in lowering their total cost of card acceptance through our world-class people, technology and service. Additional information regarding National Processing can be obtained at [][2].




ACI Worldwide, a leading international provider of enterprise e-payment
and Giesecke & Devrient Gmb, an international provider of smart
cards and smart card technology, announced a partnership to advance
the worldwide migration to smart card technology. The two will work
together to help financial institutions and other businesses launch and
manage smart card programs.

G&D is a worldwide supplier of e-payment smart cards that operate on a
number of platforms including STARCOS®, MULTOS(tm) and Java(tm). ACI
provides the ACI Smart Chip Manager(tm), an integrated software
application that controls the lifecycle of smart cards and the
applications that reside on them – including issuance and post-application
loads in the field. The system allows seamless easy configuration of
newly issued cards, applications and card products. As card numbers and
business grow, ACI’s Smart Chip Manager employs parallel processing for
high performance throughput and bandwidth. Together, G&D and ACI can
provide the technology needed to issue and manage all types of smart
cards, from single-application EMV and ID cards to extended
multi-application card schemes.

“To successfully launch a smart card program and take advantage of the
added value smart cards offer, it is not only the card that is important,
but also the process for managing the cards,” said Jan Mooijweer, business
manager of ACI Worldwide’s smart card division. “The combination of ACI
and G&D’s technologies will allow us to offer an end-to-end solution that
can help card issuers launch successful programs and reduce risks
associated with managing their smart card programs.”

“Whether migrating from magnetic stripe to chip cards, or launching an ID
card program, our partnership with ACI gives us the ability to offer card
issuers a high performance and very flexible system – one that is capable
of issuing tens of thousands of cards a day and managing millions of
cards,” said Christian Hirschvogel, partnership and alliance manager of

ACI’s chip card technologies support more than 20 million
multi-application cards on different operating systems/smart card
platforms worldwide.

About Giesecke & Devrient GmBH

Giesecke & Devrient (G&D) is an international high-tech group founded in
1852 as a specialist in printing banknotes and supplying security paper
and currency automation systems. Today, G&D is a technology leader in
providing smart cards, systems, solutions for telecommunications, electric
payments, transportation, health, ID, loyalty, Pay TV, multimedia and
Internet security (PKI).

The Giesecke & Devrient Group, headquartered in Munich, has subsidiaries
and joint ventures operating all over the world. G&D employs almost 7,000
people worldwide and generated an annual turnover of 1,1 billion Euro in
2000. Throughout the company’s history, it has consistently pioneered the
use of innovative technology. Today, the supply of complex system
solutions and customized services plays an increasingly important part in
the organization’s activities.

About ACI Worldwide

Every second of every day, consumers are initiating electronic payment
transactions – getting cash at ATMs, using debit and credit cards to make
purchases in stores and on the Internet, banking by phone and PC, paying
bills online. Twenty billion times a year, ACI software is used to
process these transactions, powering the world’s online payment systems.
ACI was founded in 1975 and pioneered the development of applications and
networking software for online transaction processing. Today more than
530 customers in 71 countries use ACI supplied software. Visit ACI
Worldwide on the Internet at