COMBO CARD

The Taiwan Cooperative Bank is gearing up to issue a multi-functional card that enables consumers to use ATMs as well as access a credit line. The ‘Combo card’ will also have international access to ATMs carrying the ‘Maestro’ and ‘Cirrus’ brands. Cardholders will be permitted four free withdrawals at ATMs of other banks per month, gold card-holders will be able to make six per month, while platinum card-holders will get unlimited free withdrawals. The Bank projects 1 million accounts within two years.

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TSAI 4Q/01

Transaction Systems Architects reported Tuesday that revenue for the quarter ending 12/31/01 was $65.3 million. However the Company incurred a net loss during the quarter in the amount of $28.5 million. The loss reflects the Company’s decision to adopt new accounting rules relating to the amortization of goodwill and other intangibles primarily related to its acquisition of MessagingDirect, Ltd. The Company completed the first quarter of fiscal 2002 with $175 million in backlog. TSAI expects revenue for the current quarter to be in the range of $66 to $70 million. The Company hired Gregory Derkacht as its CEO during the fourth quarter. For complete information on TSAI’s 4Q/01 results visit CardData (www.carddata.com).

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Thales & GCF Deal

General Credit Forms, Inc., the leader in the worldwide manufacture and distribution of credit card Point of Sale supply products, has signed an agreement with Thales e-Transactions, the fastest growing POS equipment manufacturer in the U.S., Europe, Asia and Latin America. The agreement between the companies is for GCF to act as a reseller of and to provide warranty and non-warranty repair services for Thales’ Talento and Artema line of POS products.

Under the GCF/Thales agreement, GCF will perform repair on the Thales products at GCF’s headquarters in Saint Louis, MO. Units that are under a manufacturer’s warranty will be repaired at no charge, as if they had been shipped to the manufacturer. The GCF/Thales reseller agreement provides merchant acquirers with an opportunity to purchase Talento and Artema products from a renowned independent distribution company that has been servicing the merchant industry for over twenty-five (25) years.

“The POS product lines from Thales e-Transactions are gaining considerable momentum in the U.S. merchant market. The GCF/Thales repair program will allow us to offer our mutual customers a convenient and economical solution for the repair of Thales products,” said John McCormick, Director of Marketing for GCF. “We are excited to bring this new product offering to our customers and look forward to a long partnership with Thales.”

General Credit Forms, Inc. is a privately owned business, founded in 1973 with headquarters in Saint Louis, Missouri. GCF is the nation’s largest manufacturer and distributor of POS supply products to the merchant and money-order industries and currently distributes product to more than one hundred fifty (150) countries on six (6) continents. For more information, contact John McCormick, Director of Marketing, or Mistee Spry, Operations Manager-Terminal Services, at (314) 216-8600 or visit GCF on the web at [www.gcfinc.com][1].

Thales e-Transactions, Inc., is a subsidiary of The Thales Group, a global business with operations in nearly 50 countries and over 65,000 employees worldwide supporting a full range of products, systems and solutions for three broad markets: Defense, Aerospace, and Information Technology and Services. The company continues to enjoy a worldwide leadership role in the POS industry that began over 15 years ago. Thales is currently among the top 4 companies in worldwide POS installations and ranks 1st in installed Smart Card terminals globally. Find more information about Thales e-Transactions, Inc. at the site: [www.thales-e-trans.com][2].

[1]: http://www.gcfinc.com
[2]: http://www.thales-e-trans.com

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Cruise Card Offer

Travelocity.com launched this week the largest cruise sale in its history and treats members to incredible cash rewards. The leading travel Web site has teamed up in a marketing agreement with MasterCard International and major cruise lines to offer this fantastic incentive on a wide array of cruises.

Those wanting to embark on the cruise of a lifetime can book a qualifying cruise by February 28 and receive up to $150 back. Depending on the length of the cruise, cruise-goers who book their vacation on Travelocity.com will receive the following cash rewards:

* $ 25 back (3- to 6-night cruises)
* $100 back (7- to 9-night cruises)
* $150 back (10-night cruises or longer)

In addition, consumers who book any 2002 Travelocity.com cruise with a valid MasterCard card by February 28 will get $25 back through a MasterCard Gift Card to start saving for their next cruise vacation. For more information, log onto .

In addition to receiving the rewards, consumers can find cruises from as low as $279 and sail to a variety of destinations — including the Caribbean, the Bahamas, Alaska and Europe — by simply logging onto . Participating cruise lines include Carnival Cruise Lines, Norwegian Cruise Line, Celebrity Cruises, Princess Cruises, Disney Cruise Line, Royal Caribbean International, Holland America and Windstar.

“Travelocity.com continues to be a leader in finding innovative ways to provide our members with good value and great service,” said Chris McAndrews, senior vice president, leisure travel and partner marketing, of Travelocity.com. “Our third annual Cruise Super Sale demonstrates our commitment to offering our members outstanding itineraries from the leading cruise lines at affordable prices.”

“This promotion is another example of how working with Travelocity.com has proven to be a great way for MasterCard to bring greater value and convenience to our cardholders,” said Fred Gore, senior vice president, MasterCard North America Acceptance. “The MasterCard Gift Card delivers a rewarding option for the cardholder.”

About Travelocity.com

Travelocity.com Inc. (Nasdaq: TVLY), a database-driven travel marketing and transaction company, provides Internet and wireless reservations information for more than 700 airlines, more than 50,000 hotels and more than 50 car rental companies. In addition, Travelocity.com offers more than 6,500 vacation packages, tour and cruise departures and a vast database of destination and interest information. Travelocity.com employs more than 1,000 customer service professionals, has sold more than 20 million airline tickets and has more than 32 million registered members.

About MasterCard International

MasterCard International has a comprehensive portfolio of well-known, widely accepted payment brands including MasterCard(R), Cirrus(R) and Maestro(R). 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(R) 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 Sept. 30, 2001, gross dollar volume exceeded US$704 billion. MasterCard can be reached through its World Wide Web site at .

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Elite Rewards

Metris Companies and Cendant Corporation have signed a co-branded credit card agreement to issue the ‘Elite Rewards MasterCard’. Cardholders will earn one point for every dollar spent with the card, and bonus points when using their card at any one of 17 ‘Bonus Point Partners’. Some Cendant subsidiaries and ‘Bonus Point Partners’ participating in the rewards program include Days Inn, Avis, Howard Johnson, Knights Inn, Super 8, Travelodge, Villager Lodge and Wingate Inns. Points can be redeemed for airline tickets under the ‘Any Airline, Any Seat, Any Time’ program. Points can also be redeemed for hotel stays, car rentals, gift certificates at over 35 participating merchants, and specific merchandise rewards. The no-annual-fee ‘Elite Rewards’ card will be available to consumers in April. Metris will issue cards through its Direct Merchants Credit Card Bank.

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MBNA Renews Ducks Unlimited

MBNA America Bank, N.A. and Ducks Unlimited, Inc. announced that they have signed a multi-year renewal of their 15-year-old affinity credit card agreement which, to date, has raised $35 million for wetlands conservation projects throughout the United States. Terms of the agreement were not released.

To commemorate the renewal and to acknowledge MBNA’s financial support of its conservation projects, Ducks Unlimited will dedicate two wetlands restoration projects at the Assawoman Wildlife Area in southeast Delaware to the people of MBNA. Stone cairns will be placed on each site to acknowledge MBNA’s leadership in helping conserve more than 70,000 acres of wetlands and other natural areas in all 50 states.

“The growth and success of the Ducks Unlimited affinity card program is a positive reflection of the growth and success of both MBNA and Ducks Unlimited over the last 15 years,” said John R. Cochran, Executive Vice Chairman and Chief Marketing Officer of MBNA. Mr. Cochran added, “The Ducks Unlimited affinity card program has been a model of consistent account growth and innovative marketing initiatives. But more than an exceptional business opportunity, our partnership with Ducks Unlimited has allowed MBNA to play an important role in preserving tens of thousands of acres of prime wetlands for this and future generations. The Ducks Unlimited partnership with MBNA is a terrific example of an effective affinity card program.”

“Never have the words `a great business partnership’ seemed more fitting than when I think of DU’s relationship with MBNA,” says DU’s Executive Vice President, Don Young. “This is a team effort that’s bringing together consumers and leaders in the financial and conservation world, all in support of one common concern – habitat conservation. Year after year, this affinity credit card program contributes significant funds to DU’s habitat conservation work, and we look forward to many more years of partnering with MBNA.”

About MBNA

MBNA Corporation (NYSE: KRB), a bank holding company and parent of MBNA America Bank, N.A., a national bank, has $97.5 billion in managed loans. MBNA, the largest independent credit card lender in the world, also provides retail deposit, consumer loan and insurance products. MBNA.com (http://www.MBNA.com) provides credit card, consumer loan, retail deposit, travel and shopping services.

About Ducks Unlimited

With more than a million supporters, Ducks Unlimited is the world’s largest and most successful wetland and waterfowl conservation organization. The United States alone has lost more than half of its original wetlands — nature’s most productive ecosystems — and continues to lose more than 100,000 wetland acres every year. Look for Ducks Unlimited on the World Wide Web at , and tune in to The World of Ducks Unlimited radio program airing across the nation.

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MasterCard Biz Cards

MasterCard International will announce Thursday a new suite of corporate charge card services targeted at medium-sized business. Among the ‘MasterCard Middle Market Solution’ services offered will be online payment tracking, expense management, an airline travel rewards program, and stored value cards. The initiative will be targeted to companies with annual sales between $10 million to $250 million, and between 100 and 250 employees. The ‘MasterCard Corporate Multi Card’, allows mid-sized businesses to combine their T&E, purchasing and fleet expenses into a single, manageable program.• ‘MasterCard Smart Data OnLine’ allows businesses to track, view and manage card expenditures across the entire organization. • The ‘MasterCard Rewards Program’ can be customized by the issuer to best fit its middle-market customer. • Bank One has reportedly signed on for the new MasterCard program.

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eAppliance Certified for SwipeNet 2100

eAppliance Payments Solutions, Inc., a subsidiary of MB Software Corporation, announced it has received certification, allowing merchant transaction processing via the SwipeNet 2100 platform and accompanying applications with Global Payments Inc., a leading provider of electronic processing services. “This certification is a major step toward our product’s launch and opens up new avenues of revenue to MBSC,” said Scott A. Haire, President of MBSC. He added, “We are extremely pleased to work with Global Payments.”

“Global Payments is pleased to offer processing services to customers of eAppliance,” said Director of Product Integration, Jill Gapper. “We work with many third party application providers and are pleased to add eAppliance to our list of third party certified products,” she added.

Global Payments Inc. (NYSE:GPN) is a leading provider of electronic transaction processing services to merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, United Kingdom and Europe. Global Payments offers a comprehensive line of payment solutions, including credit card and debit cards, business-to-business purchasing cards, gift cards, Electronic Benefits Transfers (EBT) cards, check guarantee, check verification and recovery, terminal management and funds transfer services.

About MB Software Corporation:

MB Software Corporation (OTCBB:MBSC) with its corporate headquarters in Arlington, Texas, offer merchants transaction based processing and other services via its point of sale hardware. The Company’s point of sale devices have Internet-based services as well as database management services which are offered to small and medium sized merchants of any type.

For more information on the Company please visit the Company’s Website at [www.eappliance-solutions.com][1].

[1]: http://www.eappliance-solutions.com

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Digital Insight 4Q/01

Digital Insight reported revenues for the fourth quarter of $27.0 million, a 49% increase over 4Q/00. Pro forma net income for the quarter was $1.2 million and EBITDA profitability was $4.2 million. Net loss for the quarter was $8.7 million, compared to a net loss of $16.5 million for the corresponding period in 2000. The Company added 230,000 active Internet banking end-users during the quarter, ending the year with 2,420,000 active end-users, representing an 11% increase from the prior quarter and a 56% increase from the same period last year. The Company had a total of 992 Internet banking clients with live sites at year-end. Lending applications processed during the quarter totaled 89,716 versus 86,849 in the prior quarter and 65,000 a year ago. For complete details on Digital Insight’s 4Q/01 results visit CardData (www.carddata.com).

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Fair Isaac 4Q/01

Fair, Isaac and Company, Incorporated, the leader in customer analytics and decision technology, announced financial results for the first fiscal quarter ended December 31, 2001.

Revenues for the first quarter of fiscal 2002 reached $85.1 million, up 10% from $77.1 million reported in the first quarter of fiscal 2001. Net income for the period rose 54% to $13.5 million, or $0.57 per share (diluted), compared with net income of $8.8 million, or $0.40 per share (diluted), reported in the first quarter of fiscal 2001. These results include an approximate gain of one-cent per share from the sale of long-term investments in the first quarter of fiscal 2002.

“The solid growth in our earnings and revenue for the first quarter illustrates the vigor of our business model and the continued demand for our analytic solutions, despite economic conditions,” said Tom Grudnowski, CEO of Fair, Isaac. “Our core scoring business remains strong, driven by demand from credit card issuers, as well as the favorable mortgage and auto lending environments. We also saw an increase in our software sales in the first quarter, both to our installed base as well as to new clients.”

About Fair, Isaac

Fair, Isaac is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The Company’s predictive modeling, decision analysis, intelligence management and decision engine systems power more than 14 billion decisions a year. Founded in 1956, Fair, Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce risk and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair, Isaac’s analytic solutions, as do insurers, retailers, telecommunications providers and other customer-oriented companies. Through the www.myfico.com Web site, consumers use the Company’s FICO(R) scores, the standard measure of credit risk, to manage their financial health. For more information, visit [www.fairisaac.com.][1]

For complete details on Fair Isaac’s 4Q/01 results visit CardData ([www.carddata.com][2]).

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

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Compucredit 4Q/01

The woes among sub-prime credit card issuers continues as Atlanta-based CompuCredit indicated yesterday it could post a slight loss for the fourth quarter. The issuer released a preliminary earnings report that showed 4Q/01 net income of $5.6 million but with a note that it may have to decrease net income for the fourth quarter by $5.8 million, due to a loss on the sale of two securitizations. CompuCredit sold two subordinate interests in its securitizations for net proceeds of approximately $26 million, however the aggregate face amount of these two interests was approximately $36 million. The company is in discussions with auditors over the treatment of the loss on sale. Meanwhile, CompuCredit reported the net charge-off rate was 15.3% in the fourth quarter, as compared to 13.3% one year ago. At the end of 2001, the 60+ day managed delinquency rate was 11.1% as compared to 9.5% for 4Q/00. The issuer also reported $1.9 billion in year-end receivables and 2,185,000 gross accounts. CompuCredit has been ramping expenses down including the layoff of approximately 70 people. For complete details on CompuCredit’s preliminary fourth quarter report visit CardData (www.carddata.com).

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Decision Manager for Credit Cards

HNC Software Inc., a leading provider of high-end analytics and decision management software, announced the availability of HNC Decision Manager for Credit Cards, which was developed to help mid-sized companies in the financial services industry process credit card applications more efficiently and with less risk.

Based on proven HNC Decision Manager technology used by several of the largest credit card users worldwide, Decision Manager for Credit Cards is specifically designed to assist credit card companies around the world quickly benefit from the product’s automated, high-speed decisioning capabilities. In addition, the software currently decisions one-third of all U.S. credit card applications.

The software, which can easily be customized to meet an organization’s unique needs, enables companies to realize a shorter return on investment and a significant reduction in implementation time and costs.

“The ease of integration and the speed of implementation made the product the right choice for us,” explained Christine Croucher, executive vice president at Canadian Imperial Bank of Commerce (CIBC), which is the first customer to implement Decision Manager for Credit Cards. “By replacing our current system with HNC’s, we expect to be able to more effectively process our applications, increasing our profitability and enhancing our relationship with customers.” Further demonstrating the product’s international appeal, two financial institutions in the Asia Pacific region also have recently purchased HNC Decision Manager for Credit Cards.

“We’ve invested significantly in our decisioning technology, and are committed to providing HNC customers with distinct advantages that we don’t believe are available in other companies’ products,” said John Mutch, chief executive officer of HNC. “We expect to continue increasing our market share as we continue offering benefits our competitors don’t provide.”

HNC Decision Manager for Credit Cards is one of several new products HNC plans to market based on its advanced decisioning technology. Additional pre-configured versions of HNC Decision Manager are planned for the insurance industry and other lines of business within the financial services industry.

About HNC Software

HNC is a leading provider of high-end analytic and decision management software that enables global companies to manage customer interactions by converting data and business experiences into real-time recommendations. HNC’s proven software empowers Global 2000 companies in the financial services, insurance, telecommunications, health care, and other industries and governments to make millions of the right mission-critical customer decisions, and take action in real time, substantially improving financial performance, reducing costs and decreasing risk. For more information, visit [www.hnc.com][1].

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

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