NCR Corporation (NYSE: NCR) has further
enhanced its global leadership in financial self-service by expanding its cash
security technology, improving the security and reducing the cost of
protecting cash in transit and at the automated teller machine.

Keith Taylor, senior vice president of NCR’s Financial Solutions division,
said, “We recognize the importance of improving safety and reducing costs for
customers operating a self-service network. The addition of these exceptional
ATM security solutions will further enhance what is already the best and most
comprehensive solutions portfolio in the industry.”

With this new offering, cash is protected during delivery to the ATM, both
in the vehicle and across the pavement by a product called Genesis, as well as
during replenishment and in operation at the ATM by a product called Sentinel.
Both products use indelible ink to spoil cash inside the cash unit during a
physical attack, reducing losses as a result of criminal activity and the cost
of cash delivery.

At a European self-service security conference held in London today, the
company announced it has completed negotiations with Spinnaker International
and has acquired the Genesis and Sentinel solutions. The two companies have
previously worked together to develop these intelligent security solutions.

Genesis and Sentinel will be marketed by a new company called Fluiditi, a
wholly-owned subsidiary of NCR. Fluiditi will be based in the United Kingdom
and will have global reach through NCR’s international presence.

Ken Munro, currently vice president, life cycle and change management of
NCR’s Financial Solutions division, has been named managing director of the
new company.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in providing Relationship
Technology(TM) solutions to customers worldwide. NCR’s Relationship
Technology solutions include the Teradata(R) database and analytical
applications such as customer relationship management (CRM) and demand chain
management, store automation systems and automated teller machines (ATMs).
The company’s business solutions are built on the foundation of its
long-established industry knowledge and consulting expertise, value-adding
software, global customer support services, a complete line of consumable and
media products, and leading edge hardware technology. NCR employs 33,300 in
more than 100 countries, and is a component stock of the Standard & Poor’s 500
Index. More information about NCR and its solutions may be found at


PayStar InfoStation Exec

PayStar Corporation, the nation’s leader in providing content based Internet Kiosks, Cashless ATM devices, Prepaid Telecom Services and Wireless Banking Services is pleased to announce the appointment of Carla Buckner to V.P. Sales and Marketing for PayStar’s InfoStation (kiosk) Division. Ms. Bucker will head up PayStar’s Chicago office along with the sales and marketing programs for the InfoStation Division.

‘PayStar’s Chicago office will be responsible for overseeing corporate and major accounts along with driving all Midwest and Eastern sales initiatives, stated Dan Normand, Sr. VP, PayStar InfoStation Division. We are very excited to have someone with Carla’s extensive background and success in the corporate arena join our team, especially in this time of tremendous company growth.’

‘Carla Buckner, former V.P. of Sales for a national kiosk provider, is a top-notch negotiator, having closed major sales contracts and implemented nationwide product rollouts with companies such as JC Penny, Wal-Mart, Hilton Hotels, Marcus Corporation and Bass Hotels, commented W.D. Yotty, Chairman and CEO PayStar Corporation. ‘PayStar will benefit from Carla’s remarkable experience and proven track record in building successful sales organizations along with channel management, CRM, vertical market integration, as well as business and product development within the hospitality, retail, entertainment and technology industries.’

PayStar’s InfoStations are best described as the next generation of e-commerce vending machines offering consumers a faster, easier and more convenient means of obtaining goods, services and information. PayStar’s InfoStations will feature Internet access, robust content, arcade quality games and high-speed Internet connectivity via 802.11b wireless LAN technology.

About PayStar

PayStar Corporation, a premier global distributor of telephony and financial services, provides its customers with an array of enabling devices. PayStar is comprised of three fully integrated divisions: Commercial Telephony Switch Services, Consumer Internet and Telephony Products including prepaid cards, and Consumer Services providing service and maintenance of Cashless Teller Machines (CTMs), payphones and Internet enabled kiosks. PayStar is the location services provider (LSP) to retail merchants and is considered a “carriers carrier” for wholesale telecom services worldwide. Success is driven by internal sales as well as mergers and acquisitions. PayStar’s global strategy centers on expanding its network of thousands of locations that utilize state-of-the-art enabling devices.



Mobile-Mind, a developer of
wireless and smart card systems and applications, in cooperation with Fujitsu,
announces the launch of HIPERSIM, the advanced smart card operating system for
Fujitsu’s new HIFERRON chip platform. HIPERSIM provides a flexible,
high-performance solution for secure, multi-application wireless and smart
programs. Fujitsu selected Mobile-Mind to design and develop the HIPERSIM
solution in partnership with Fujitsu’s Electronic Devices Group.

“The combined power of HIPERSIM and the HIFERRON chip platform moves smart
cards squarely into the mainstream of computing,” says Scott Guthery, the CTO
of Mobile-Mind. “A key goal of multi-application smart cards is to provide
seamless and integrated services to the cardholder. This is impossible if each
application has to finish up its tasks before another can start. HIPERSIM is
the first smart card operating system that lets multiple applications
securely and in real-time.”

Dr. Scott Guthery, who leads the HIPERSIM development team at Mobile-Mind, is
an internationally recognized expert in smart card operating systems and
application architectures and development. He is an active participant and
contributor to international telecommunications standards bodies and convenor
of ETSI’s Smart Card Project Architecture Working Group. Prior to founding
Mobile-Mind, Guthery led the project team at Schlumberger that developed the
world’s first Java smart card in 1996 and was a leading contributor to
Microsoft’s development of the Windows smart card operating system in 1998. He
holds multiple patents for his work in real-time data acquisition systems,
smart card operating system innovations, and SIM application management.
According to Mr. Kazunari Shirai, President of the Electronic Devices Group
(EDG) of Fujitsu Limited, “The HIPERSIM solution suite represents the ultimate
in smart card software functionality and flexibility. With HIPERSIM we hope to
make a significant contribution to the smart card industry.”
Mr. Nobuyoshi Ebihara, General Manager of Marketing for EDG adds, “HIPERSIM is
a major component of Fujitsu’s strategy to become a global provider of the
advanced and secure smart card products and services. We are pleased to work
with Mobile-Mind to achieve that goal.”

HIPERSIM, with its field-proven multi-threading operating system based on the
Mach kernel, delivers peak performance to card issuers and low-power,
computing to wireless carriers. Engineered from the ground up for concurrent
application execution, HIPERSIM is ready for next generation wireless devices
and fully compatible with today’s GSM SIM and 3G UICC standards. The modular
design of HIPERSIM components enables both smart card issuers such as
institutions and telecommunications companies to customize the operating
to meet the specific requirements of their industries.

About Mobile-Mind, Inc.

Mobile-Mind designs, engineers and develops secure wireless applications and
advanced smart card systems for customers in North America, Asia, and Europe.
Headquartered in Boston, Massachusetts, Mobile-Mind is privately held and
funded by the Aurora Funds of Durham, North Carolina. For more information on
Mobile-Mind services and products visit or e-mail


Elite 510

Toronto-based Givex Corporation and Ingenico have launched a standalone point-of-sale gift certificate and transaction processing device. The ‘Elite 510’, a counter-top EFT POS terminal, is being released with gift card, frequent user card and e-gift certificate functionality. Next year, enhancements will include points program capabilities along with credit card and debit card transaction processing. The Givex application tracks each gift card, frequent user card, e-gift certificate and point in real-time across all sales channels and allows merchants to view numerous up-to-the-second online transaction reports, receive real-time support and expand marketing opportunities. In May, the two companies partnered to provide merchants with the ‘eN-Touch 3000’, however IVI was acquired by Ingenico shortly thereafter.



Gemplus Labs unveiled a revolutionary element to answer to the problem of
securing storage
of on-line digital content. The S.U.M.O. (Secured Unlimited Memory On card),
with 224 megabytes of memory, is designed to tackle the big issues of secure
downloading and file protection, digital rights management, and digital

Downloading of digital content from the Internet is as popular as it is
controversial. Content providers are enthusiastic about the market’s
but concerned by the possibility of copyright infringement. The Recording
Industry of America estimated recently that it has lost $USD 4.5 billion to
online piracy.

Gemplus’ response to this challenge, with the help of Hitachi, is to embed
seven flash memory chips in a smart card. The Hitachi memory chips store
content, which is protected by the smart chip which stores access rights and
appropriate keys. Working together the chips add a previously unseen security
dimension to content storage.

Effective digital rights management is supported by the S.U.M.O concept. A
copyright solution can reside on the card, containing encrypted information
that can be accessed only by registered users with digital keys.
Smart card interfaces can now be found on a multitude of devices from PDAs and
PC’s to television set-top boxes. The contents stored on a S.U.M.O card can be
transferred from one smart card enabled device to another, without
or altering the digital rights. An additional plug-in SIM format has been
created with a 64 megabytes of memory.

The multi-application capability inherent in smart cards means S.U.M.O can
become a true lifestyle manager. For example a card can control secure
access, host personal credit card details and store downloaded applications.
One personalized card can securely control Internet transactions from
to end. S.U.M.O cards could also provide a solution to consumers to store
securely their personal files.

The future capacity of the S.U.M.O card is limitless, allowing innovative new
applications. For example, retailers could replace current loyalty schemes
a more dynamic customer relationship. Rather than receive rewards through the
mail, customers could download music and movies on-line, making the experience
immediately fulfilling and interactive.

The current version of the S.U.M.O card supports a high-speed data link of up
to 20 megabits per second in an ISO-format card. Today’s prototype
demonstration at Cartes 2001 will show a card that can store up to eight hours
of music files (MP3 or Real Audio), 12 minutes of video (MPEG) or over 100
e-books. In the future the card will support feature-length movies.
Michel Leduc of Gemplus Labs says, “In April a survey revealed that over 37
million Americans downloaded music files from the Internet. Much of this
activity was carried out without any thought to the rights of the content
creators. This concept card gives digital rights owners a valuable new tool,
encouraging businesses to deliver more and better products via the Internet.”
Joachim Rupp, product manager for system memory at Hitachi Europe Ltd. who
is a
Gemplus partner for the S.U.M.O project says, “The growing need for secure
storage of digital content is very significant for a multitude of

Innovative products, such as the groundbreaking S.U.M.O concept card, clearly
demonstrates how Hitachi advanced flash memory solutions and Gemplus’ security
and card know-how enabled a new generation of secure storage products.”

About Hitachi

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world’s leading
global electronics companies, with fiscal 2000 (ended March 31,2001)
consolidated sales of 8,417 billion yen ($67.9 billion(1)) The company
manufactures and markets a wide range of products, including computers,
semiconductors, consumer products and power and industrial equipment. For more
information on Hitachi, Ltd., please visit Hitachi’s Web site at

About Gemplus

GEMPLUS: the world’s number one provider of solutions empowered by Smart Cards
(Gartner Dataquest 2001, Frost & – Sullivan 2001).
Gemplus helps its clients offer an exceptional range of portable, personalized
solutions that bring security and convenience to people’s lives. These include
mobile internet access, inter-operable banking facilities, e-commerce and a
wealth of other applications.
Gemplus is the only completely dedicated, truly global player in the Smart
industry, with the largest R&D team, unrivalled experience, and an outstanding
track record of technological innovation.
Gemplus trades its shares on Euronext Paris S.A. First Market and on the
Stock Market(TM) as GEMP in the form of ADSs. Its revenue in 2000 was 1.205
Billion Euros. It employs 7200 people in 37 countries throughout the world.
Gemplus: Your Passport to the Digital Age


AE-5 Smart Card Controllers

Addressing the increasing security needs and concerns of manufacturers and users of smart cards in financial, mCommerce, and health, among many other applications, Hitachi Semiconductor (America) Inc. today announced its AE-5 (Advanced Engine) family of high-end 32-bit smart card controllers. These high performance controllers offer strong protection of on-chip data, advanced screening techniques against information leakage attacks and improved integration of security between different parts of the chip. The AE-5 series also supports multi-application cards based on sophisticated operating systems such as Java Card and Multos. They make Hitachi the only semiconductor manufacturer offering a complete object-code-compatible smart card controller lineup: the 8-bit AE-3 series chips, the 16-bit AE-4 series devices, and the new 32-bit AE-5 series controllers.

Smarter chips for smart cards

According to Sami Nassar, director of strategic marketing at Hitachi Semiconductor (America), ‘The demand for smart cards in the U.S. has been rapidly growing, due to the increased adoption of smart cards in TDMA and CDMA mobile communication technologies and smart cards reaching critical levels of momentum in the credit card and banking markets. The AE-5 leverages the extensive design, process technology and production expertise we gained over the past 15 years producing smart card ICs for mobile communication and financial markets. ‘

‘In addition to Hitachi’s solid foothold in the European market, Hitachi has established a strong U.S. smart card organization dedicated to boosting usage in North America and helping new and existing customers accelerate smart card adoption.’

0.18 micron EEPROM process, a world’s first The 32-bit smart card controllers in the AE-5 family are the first in the industry being produced with a 0.18-micron (0.18-µm) EEPROM process. This smaller-geometry technology allows the high-capacity on-chip memory essential for top-end applications. The first chips the AE-5 family offer up to 128 kilobytes (128 KB) of EEPROM, 256 KB ROM, and 10 KB RAM, as well as a range of peripheral functions.

Devices in the AE-5 family are object code compatible with AE-4 series card controllers for versatility and to preserve previous engineering investments. Major improvements include 32-bit CPU cores that can run Java virtual engines and deliver much higher speeds: 10 times faster than the fourth-generation chips on an absolute timing basis.

Better functionality, greater security

For enhanced functionality and security, AE-5 series controllers have a special, built-in cryptographic co-processor that allows key sizes up to 2112 bits long, sufficient for asymmetric algorithms, as well as a new hardware module that implements the AES (Advanced Encryption Standard) algorithm. The devices’ fast processing makes sophisticated verification or encryption operations practical. For example, the AE-5 chips can perform a 1024-bit RSA calculation in less than 120 ms.


AE-5 devices will be available from H2/2002.

Reader contact Readers can find additional product and contact information on Hitachi Semiconductor’s Website at [http://semiconductor.hita][1] or by calling (800) 285-1601.

About Hitachi Semiconductor (America) Inc.

Hitachi Semiconductor (America) Inc., a subsidiary of Hitachi America, Ltd., supports the requirements of the North American marketplace with a broad range of standard and low-power semiconductor solutions. Offering some of the industry’s most popular RISC microprocessors, smart-card controllers and memory components, among other semiconductor solutions, Hitachi provides chips to the world’s leading device manufacturers within industrial, consumer and emerging market applications. Hitachi’s substantial design engineering, research and development facilities in the United States help bring the world’s best technology to U.S. customers. For more information, visit: .




First Data Corp., a global
leader in electronic commerce and payment services, and Cards etc,
Sydney-based developer of Arterium — the lifetime relationship management
system for multi-product smart cards — announced the finalization of a
global partnership agreement covering software, strategy and professional

Alison Colquhoun, vice president smart commerce, First Data Resources,
said that First Data had selected Arterium as the solution of choice for its
multi-product smart card management requirements globally.

“We are working closely with Cards etc to progressively roll-out services
which add platform support, card lifecycle features and enhanced functionality
to our chip-enabled programs. Initially, the focus has been on supporting our
U.S.-based customers. However, mandated EMV migration in Europe and Asia has
increasingly created the need for comprehensive, lifecycle management support
at First Data Europe and in PaySys’ VisionPlus product suite,” said Colquhoun.

“Our service bureau offering provides card issuers with a means of
overcoming the long-standing barriers to smart card introduction by
significantly reducing both the up-front costs involved and the time to
market,” she added.

Arterium, the smart card infrastructure management solution, developed by
Sydney-based Cards etc has played a key role in First Data’s multi-application
smart card program.

The infrastructure now supports both MULTOS and Javacard/Open Platform
operating systems, as well as a growing number of payment and non-payment
related smart card applications (including VSDC and M/Chip).

Craig Dower, joint Chief Executive Officer and President of Cards etc,
said Cards etc and First Data continued to work closely to identify how
Arterium will support the future requirements of customers.

“Arterium is supporting First Data as it provides additional depth in card
lifecycle features including card ordering, pre-personalization data
preparation, personalization, key management, card inventory management,
lost/stolen card reconstruction and post-issuance support,” Mr. Dower said.
“We are also working to enhance support for an expanded range of payment,
authentication, access, convenience and loyalty applications.

“First Data’s chip-enabled programs are providing customers with real
solutions for the roll-out of multi-application smart cards. Cards etc is
pleased to be working closely with them as the roadmap for future industry
development is established.”

About Cards etc

Sydney-based Cards etc is a provider of smart software and solutions for
smart card, e-commerce and similar e-transaction systems. Cards etc is the
developer of Arterium, smart software that provides infrastructure management
for smart cards, products and devices. Arterium also provides relationship
lifetime management that enables organizations to manage their relationships
with cardholders over their lifetime. It can be implemented across financial,
telecommunications, government, transit and travel organizations deploying and
managing multi-product smart card, e-commerce and related technologies.

Cards etc provides professional services integrating new technology
solutions into existing environments.

About First Data

First Data Corp. (NYSE: FDC), with global headquarters in Denver, powers
the global economy. As the leader in electronic commerce and payment
services, First Data serves approximately 2.6 million merchant locations,
1,400 card issuers and millions of consumers, making it easier, faster and
more secure for people and businesses to buy goods and services using
virtually any form of payment. With 28,000 employees worldwide, the company
provides credit, debit, smart card and stored-value card issuing and merchant
transaction processing services; Internet commerce solutions; Western Union
money transfers and money orders; and check processing and verification
services throughout the United States, United Kingdom, Australia, Canada,
Mexico, Spain and Germany. Its money transfer agent network includes
approximately 117,000 locations in more than 185 countries and territories.


CardData 3Q/01

NC-based BB&T reported lower charge volume and active accounts for the third quarter compared to the second quarter, according to CardData’s ‘3Q/01 Portfolio Survey’. Simmons and Columbus B&T also reported lower active accounts. Third quarter volume appears to be flat across most of the industry. For complete details on the third quarter results from the nation’s top 300 issuer visit CardData ([][1])

Issuer 3Q/01 Recv 3Q/00 Recv Change
BB&T $727,909,000 $533,572,000 +36.4%
First Tenn $270,860,482 $544,762,000 -50.3%
Columbus B&T $217,701,814 $229,000,000 – 4.9%
Simmons $187,264,929 $185,656,789 +0.9%
FirstMerit $127,912,197 $111,127,931 +15.0%
Source: CardData (




Chinese consumers are threatening to file a lawsuit against China Telecom
the exchange of magnetic-stripe phone cards for smart chip phone cards. The
Ministry of Information Industry recently approved a plan for China Telecom to
begin the exchange of 40 million magnetic-stripe phone cards December 1st, for
a period of four months. Consumers suggest the exchange between the magnetic
cards and smart chip cards will not be at a fair rate. China Telecom says the
number of magnetic stripe-activated phones is down to 20,000, versus a peak of
70,000 a few years ago. By 2003, magnetic stripe-activated phones will be
totally replaced.


Fleet 3Q/01

Fleet reported a slight decline in charge-offs for the third quarter, but delinquencies edged up a bit. Third quarter charge-offs logged in at 6.26% versus 6.31% for 2Q/01. Fleet reported 3Q/01 delinquency of 4.13%, compared to 4.40% for second quarter. At the end of September, Fleet had $14.6 billion in domestic credit card receivables and third quarter charge volume of $5.8 billion. For complete current and historical data on Fleet’s credit card portfolio visit CardData ([][1]).

3Q/01 2Q/01 1Q/01 4Q/00 3Q/00
EOP RECV: $14.6b 14.5 14.1 14.7 14.4
Q-VOL $ 5.8b 5.5 4.3 5.3 6.2
ACCTS: 7.2m 6.7 6.6 6.8 6.7
ACTIVES: 5.2m 5.3 5.2 5.3 5.2
CARDS: 10.4m 10.3 10.3 10.1 10.0
Source: CardData (



TSYS & Providian

TSYS has signed a 10-year extension to its long-term credit card-processing agreement with Providian Financial Corporation, the fifth-largest bankcard issuer in the United States and one of the largest issuers of Visa “smart” cards. Providian, based in San Francisco, has been a customer of TSYS since 1986.

“In the history of our long relationship with Providian, they have become one of the largest and most successful bankcard issuers in the country,” says Philip W. Tomlinson, president of TSYS. “We are grateful for the opportunity to contribute to that success, and we expect it to continue as Providian expands into the future.”

“TSYS is an important strategic partner of Providian, and we’re pleased to extend our relationship,” said Jim Redmond, executive vice president of operations for Providian. TSYS currently processes about 18 million MasterCard and Visa consumer credit card accounts for Providian in the United States.

About Providian

Winner of the 2001 Rochester Institute of Technology/USA Today Quality Cup for excellence in customer service, San Francisco-based Providian Financial is a leading provider of lending and deposit products to customers throughout the United States, and offers credit cards and deposit products in the U.K. and in Argentina. Providian Financial has been named one of America’s Most Admired Companies in a survey by Fortune magazine, one of the nation’s top financial institutions by U.S. Banker magazine, and one of the most technologically innovative companies in the U.S. by InformationWeek magazine. Providian Financial has more than $36 billion in assets under management and more than 18 million customer accounts.

About TSYS

TSYS ([][1]) brings integrity and innovation to the world of electronic payments. TSYS serves as the integral link between buyers and sellers in the rapidly evolving universe of electronic payments. With more than 200 million accounts on file, TSYS makes it possible for millions of consumers to use their credit, debit, stored value, commercial, smart chip and retail cards anytime, anywhere through any medium or portal. TSYS and its family of companies offer a full range of acquiring and issuing services from accepting and settling electronic payments for goods and services, to credit applications, bankruptcy and collections. Based in Columbus, Ga., TSYS processes for 23 countries, in 14 currencies, in four languages and maintains operations in Canada, Mexico, Japan, and the United Kingdom. TSYS is an 80.8-percent-owned subsidiary of Synovus Financial Corp. (NYSE: SNV) ([][2]), No. 8 on FORTUNE magazine’s list of “The 100 Best Companies To Work For” in 2001. For more information, contact .